$599,000
$49K PRICE INCREASE

1492 Pearl St Eugene, OR 97401

Estimated payment $3,548/month

Total Views 6,823
4 Beds
3 Baths
2,084 Sq Ft
$287 Price per Sq Ft

Highlights

  • City View
  • Corner Lot
  • Zoned Heating
  • Edison Elementary School Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • Property is near a bus stop

About This Home

This charming vintage craftsman has the perfect blend of location, zoning and updates that combine for a wide variety of creative uses. Flexible C2 zoning allows for a wide range of commercial uses & live-work opportunities (short or long term rental, multifamily?) Located just a block from The Midtown Luxury Condos, & very close to downtown Eugene, University of Oregon, YMCA, South Amazon running trail – truly a prime location near thriving businesses, restaurants, homes & apartments. It’s on a bus line along busy Pearl St, and merely two blocks to bustling Willamette St. Currently configured as 3 units: The lower level has an established salon tenant that rents two units (business is not for sale, only the building). Upper level is a bright 2 BR, 1 BA apartment just renovated. Apartment has a full kitchen with tile counters, newer appliances, new flooring throughout, skylights, walk in shower, laundry hookups, a sweet place! Commercial spaces below feature a covered front porch, wood floors, kitchen, 1.5 baths, lots of windows, good flow. Off-street and on-street parking. Property has tons of updates! New roof, paint, updated electric, automatic sprinklers, newer sewer line & clean-out, many new windows, newer appliances, flooring, more. PLEASE DO NOT DISTURB TENANTS, CALL YOUR REALTOR FOR SHOWINGS.

Listing Agent

Koalani Roberts

Windermere RE Lane County Brokerage Phone: 541-501-8319 License #201212117 Listed on: 09/09/2025

Windermere RE Lane County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,029

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • City Views
  • Crawl Space
  • Storage In Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Location

  • Property is near a bus stop

Schools

  • Edison Elementary School
  • Roosevelt Middle School
  • South Eugene High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating

Community Details

  • 3 Units
  • West University Neighbors Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0275576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,029

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1920
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 599000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attic
  • Total Bedrooms: 4
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level, OnBusline
  • Road Surface Type: Paved
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: OffStreet, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity,Gas
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: Baseboard, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Edison
  • High School: South Eugene
  • Middle Or Junior School: Roosevelt

Lot Info

  • Zoning: C2
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 0275576

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 5028.69

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $599,000 +8.9% $287 / Sq Ft
09/18/2025 09/18/25 Off Market $550,000 -- --
09/09/2025 09/09/25 For Sale $550,000 -- $264 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Cascade Title
Warranty Deed $350,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 Commercial
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 784436767

Regional Multiple Listing Service (RMLS)

APN: 0275576