561-577 Madison St

Eugene, OR 97402

$750,000
Price
—
Beds
—
Baths
3,792 Sq. Ft.
$198 / Sq. Ft.
3,792
Sq. Ft.
$198
per Sq. Ft.
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Pending
Pending
Porch
Unit #1
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Unit #2
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Parking
Unit #2
Floor Plan
Floor Plan

Description

Great investment opportunity in a Jefferson Westside/Whiteaker Neighborhood near downtown with a great walk-score! 4 Units total. Each unit offers 2 bedrooms and 1 full bathroom. The main level unit has a fireplace, coved ceilings, and a covered front porch. 4 driveway parking spaces behind the building off the alley. Do not disturb tenants. Total monthly rent for 561 & 577 Madison is: $5890.Great investment opportunity in a Jefferson Westside/Whiteaker Neighborhood near downtown with a great walk-score! 4 Units total. Each unit offers 2 bedrooms and 1 full bathroom. The main level unit has a fireplace, coved ceilings, and a covered front porch. 4 driveway parking spaces behind the building off the alley. Do not disturb tenants. Total monthly rent for 561 & 577 Madison is: $5890.
  1. Listed by Kit Sixel • Sixel Real Estate • 541-954-1915

Property Details for 561-577 Madison Street

Subdivision
WHITEAKER
Parking Features
Off Street, On Street
Zoning
C-2
Parking Total
4.00
LISTING UPDATED: 03/20/2026 08:14 PM

Property Details for 561-577 Madison Street

StatusPending
MLS #110904229
Days on Market18
Taxes$2,532 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1918
Lot Size-
CountyLane County
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Location

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Building Information for 561-577 Madison Street

Stories2Residences4Year Built1918Building Size-Lot Size-

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$3,988 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,777

Property Taxes

$211

HOA Dues

$0

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Property Information for 561-577 Madison Street

Summary
Location and General Information
  • Country: US
  • Directions: W 6th to Madison
School Information
  • Elementary School: River Road
  • High School: North Eugene
  • Middle Or Junior School: Kelly
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $2,531.84
  • Parcel Number: 0263770
  • Tax Legal Description: 17-03-31-21-02500 & 17-03-31-21-02600
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1918
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard, Ductless
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Storage Space, Unfinished
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $70,680.00
  • Gross Rent Multiplier: $10.61
  • Net Income Actual: $65,680.00
  • Operating Expense: $5,000.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 3792
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Fireplace, Hardwood Floors, Washer Dryer
  • Unit Type 1 Rent: $1,845
  • Unit Type 1 SqFt: 1025.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Air Conditioning, Refrigerator
  • Unit Type 2 Rent: $1,195
  • Unit Type 2 SqFt: 512.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Air Conditioning, Fireplace, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,525
  • Unit Type 3 SqFt: 994.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Refrigerator
  • Unit Type 4 Rent: $1,325
  • Unit Type 4 SqFt: 580
  • Unit Type 4 UnitsTotal: 1

Schools near 561-577 Madison Street

This home is within Eugene School District 4j.
Rating
School
Type
Grades
Distance
River Road/El Camino Del Rio Elementary School
Public - K to 5
Kelly Middle School
Public - 6 to 8
North Eugene High School
Public - 9 to 12
Eugene Education Options
Public - 9 to 12
Rating
School
Distance
River Road/El Camino Del Rio Elementary School
PublicK to 5

Kelly Middle School
Public6 to 8

North Eugene High School
Public9 to 12

Eugene Education Options
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Sixel Real Estate

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 03/20/2026 08:14 PM