655 MONROE ST, Eugene, OR 97402
Whitaker · Lane County
Key Facts
Description
WHITEAKER CHARM WITH STRONG CASH FLOW AND DESIGNER LEVEL UPGRADES. This beautifully restored 1890 Queen Anne offers the rare combination of historic character, modern finishes, and proven income performance. The downstairs 3 bedroom, 1 bath unit has been completely remodeled and operates as a successful short term rental averaging approximately $2,900 per month. Thoughtfully redesigned from top to bottom, it features all new flooring, fresh interior paint, upgraded trim, curated designer lighting, and elevated hardware throughout. The kitchen showcases new cabinetry, solid surface countertops, a stylish tile backsplash, and a full suite of new stainless steel appliances. The bathroom has been tastefully renovated with updated vanity, fixtures, mirrors, and contemporary finishes that create a polished, move in ready experience. Furnishings are negotiable, offering flexibility for a seamless transition to the next owner. Upstairs, the 1 bedroom, 1 bath unit is occupied by a long term tenant paying $700 per month, providing consistent baseline income and added stability. Located just moments from Sweet Life, the Beer Garden, parks, and downtown Eugene, this property delivers both lifestyle appeal and investment strength. Financials available upon request. Showings available with accepted offer due to occupied long term tenant.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1890
Stories
2
Living Area
2,424 sq ft
Lot Size
0.09 acres
Zoning
C-2
Days on Market
3
MLS® Listing#
726412931
Property Features
Cooling
Basement
Parking
Lot Features
Foundation
Roof
Sewer
Water Source
Schools
- Elementary:
- River Road
- Middle:
- Kelly
- High:
- North Eugene
Financial Details
HOA
None
Annual Taxes
$3,470
Tax year 2025
Parcel Number
0265940
Directions
Yellow home between 6th & 7th Ave on Monroe St.
Affordability Calculator
$95,000
Estimated monthly payment
$2,528/mo
Principal $380,000 · Est. interest $530,134 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Eugene, OR
- $536,364
- Median Listing Price
- 181
- Median Days on Market
- 1,847
- Median Sq Ft
- $293
- Median Price / Sq Ft
- 358
- Active Listings
- This home’s price is 11% below the area median.
- Its price per sq ft is 33% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Eugene, OR.
Location
Points of Interest in Eugene, OR
Showing the Eugene area map.
Nearby Schools
New Roads School
School · 0.1 mi away
Children's Choice Montessori
Elementary · 0.3 mi away
Whole Earth Nature School
School · 0.5 mi away
Math Is Magic
School · 0.5 mi away
Eugene School District 4j
School · 0.6 mi away
School Garden Project
Elementary · 0.6 mi away
Looking Glass Riverfront School & Career Center
School · 0.7 mi away
O'Hara Catholic School
School · 0.8 mi away
Creative Minds
School · 0.8 mi away
Eugene School District 4j: Transportation Services
School · 0.9 mi away
Chavez Elementary School
Elementary · 0.9 mi away
Early Education Program
School · 1.0 mi away
Adams Elementary School
Elementary · 1.2 mi away
Willagillespie Elementary School
Elementary · 1.3 mi away
South Eugene High School
Secondary · 1.3 mi away
Lane School
School · 1.4 mi away
Life Lutheran School
Elementary · 1.4 mi away
Baby Steps
School · 1.6 mi away
Willamette Christian Center
School · 1.6 mi away
Mywillamette
School · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4467 FERGUS AVE, Eugene, OR | $333,000 | 3 | 2 | 1,102 |
| 4285 FERGUS AVE, Eugene, OR | $335,000 | 3 | 2 | 1,080 |
| 1470 WAITE ST, Eugene, OR | $349,000 | 3 | 1 | 1,327 |
| 168 N CLEVELAND ST, Eugene, OR | $350,000 | 4 | 2 | 1,648 |
| 21 WESTBROOK WAY, Eugene, OR | $366,900 | 3 | 3 | 1,660 |
| 5592 BURNETT AVE B, Eugene, OR | $369,000 | 3 | 2 | 1,191 |
Moving Cost Estimate
EXIT Agents in Eugene
Listing Courtesy: Real Broker - dan@theoperativegroup.com
Presented by: Daniel Gandee
Last Updated: 2026-03-20