655 Monroe St

Eugene, OR 97402

$475,000
Price
—
Beds
—
Baths
2,424 Sq. Ft.
$196 / Sq. Ft.
2,424
Sq. Ft.
$196
per Sq. Ft.
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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,...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.
  1. Listed by Daniel Gandee • Real Broker • dan@theoperativegroup.com
  2. Listed by Logan Porter • Real Broker

Property Details for 655 Monroe Street

Subdivision
Whitaker
Parking Features
On Street
Zoning
C-2
Parking Total
.00
LISTING UPDATED: 03/21/2026 12:21 AM

Property Details for 655 Monroe Street

StatusActive
MLS #726412931
Days on Market1
Taxes$3,470 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1890
Lot Size0.09 AC / 3,920 SF
CountyLane County
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Location

Listing Courtesy of Real Broker
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Building Information for 655 Monroe Street

Stories2Residences2Year Built1890Building Size-Lot Size0.09 AC / 3,920 SF

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$2,594 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,305

Property Taxes

$289

HOA Dues

$0

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Property Information for 655 Monroe Street

Summary
Location and General Information
  • Country: US
  • Directions: Yellow home between 6th & 7th Ave on Monroe St.
  • Road Surface: Paved
School Information
  • Elementary School: River Road
  • High School: North Eugene
  • Middle Or Junior School: Kelly
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $3,469.54
  • Parcel Number: 0265940
  • Tax Legal Description: TL 06500
Property
Lot Information
  • Acres: 0.09
  • Lot Description: Level
  • Lot Size Square Feet: 3920.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1890
Utilities
  • Cooling Description: Mini Split, Window Unit
  • Fuel Description: Electricity
  • Heating Description: Mini Split, Wall Heater
  • Hot Water Description: Electricity, Tank
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Finished, Storage Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $48,521.00
  • Gross Rent Multiplier: $9.79
  • Investor Information: Profit Loss Statement
  • Net Income Actual: $29,046.00
  • Operating Expense: $19,475.00
  • Security Features: Entry, Sidewalk
  • Storage: Basement, Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • Common Amenities: Front Yard Landscaping
  • SqFt Approximate Building Total: 2424
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Rent: $2,922
  • Unit Type 1 SqFt: 199.0
  • 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: 1
  • Unit Type 2 Rent: $700
  • Unit Type 2 SqFt: 466.0
  • Unit Type 2 Units Total: 1

Property History for 655 Monroe Street

DateEvent & SourcePriceAppreciation
Feb 22, 2023

Sold (Public Record)

Public Record #1506002005

$305,000

+6.0% / yr

Jan 4, 2013

Sold (Public Record)

Public Record #344346048

$168,370—
DateEvent & SourcePrice
02/22/2023

Sold (Public Record)

Public Record #1506002005

$305,000

+6.0% / yr

01/04/2013

Sold (Public Record)

Public Record #344346048

$168,370

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 655 Monroe Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,470 ($289 / month)
Home Facts
Baths2Total Finished SqFt1,625 SqFtAbove Grade Finished SqFt1,625 SqFtStories1Lot Size3,920 SqFtStyleDuplexYear Built1890Year Renovated1964ZoningC-2-COMMUNITYCountyLANEAPN17-03-31-22-06500-000

Schools near 655 Monroe 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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More information about 655 Monroe Street, Eugene, OR 97402

655 Monroe Street is a multi-family home for sale in Eugene, OR 97402. This property was listed for sale on March 20, 2026 by Real Broker, it's currently listed at $475,000. It has been on the market for a total of 1 days and was last sold on February 22, 2023. This listing's school district is Eugene School District 4j. Nearby schools include River Road/El Camino Del Rio Elementary School, Kelly Middle School and North Eugene High School. 655 Monroe Street is a 0-bed, 0-bath, 2,424 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker

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: 03/21/2026 12:21 AM