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$432,500
$462,500 6.5%
Est. payment /mo
1,812 SqFt
Sold on 07/02/2025
171 MONROE ST Eugene, OR 97402
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Key Details
Sold Price $432,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,812 sqft
Price per Sqft $238
MLS Listing ID 574707348
Sold Date 07/02/25
HOA Y/N No
Year Built 1938
Annual Tax Amount $3,224
Tax Year 2024
Lot Size 6,534 Sqft
Property Description
Charming Whiteaker Tri-Plex with loads of potential and plenty of personality. Situated near the lively heart of Eugene's iconic Whiteaker neighborhood, this one-of-a-kind tri-plex offers vintage vibes and serious upside. The front home—a classic from the early 1900s—oozes character, while two cozy, two-story units behind (a studio and a one-bedroom) add extra flexibility and income potential. A shared yard and laundry area contribute to the community feel, perfect for tenants who enjoy the neighborly vibe—or a future owner who might want to keep tabs on the garden. And the location? You can practically smell the fresh-roasted coffee and craft beer in the air. Local cafés, breweries, parks and riverpath are just a short stroll away. The property's been on cruise control for a while under a wonderful owner and it's ready for a fresh make over — and maybe a toolkit. The main house has a brand new roof while the back building was replaced just a few years ago. With current rents below market, there's an opportunity to boost income through thoughtful upgrades and smart management. Whether you're dreaming of multi-generational living, offsetting your mortgage as an owner-occupant, or building long-term investment value, this property checks all the boxes. Yes, it could use a little elbow grease—and with this much charm and potential, it's more than worth the effort. Bring your imagination and unlock the full value of this Whiteaker gem.
Location
State OR
County Lane
Community Alllandscaping, Laundry
Area _245
Zoning S-W
Rooms
Basement Crawl Space
Interior
Heating Wall Heater, Zoned
Cooling None
Exterior
Community Features AllLandscaping, Laundry
View City
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools River Road
Middle Schools Kelly
High Schools North Eugene
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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