$599,000

Estimated payment $3,705/month

Total Views 1,377
4 Beds
3 Baths
2,078 Sq Ft
$288 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Lap Siding
  • Corner Lot

About This Home

Three rentals on one conveniently located downtown Eugene lot! One stand alone home (teal) and one duplex (yellow). 511 Madison boasts early 1900s architecture, wood floors, high coved ceilings, original built-ins, and a large kitchen with a screened laundry porch. 539 Madison (duplex) is comprised of 2 cute one bedroom units. Conveniently located near the Whit, bus routes, biking distance to the U of O, Owen Rose Garden, downtown Eugene Library, great coffee shops, and more. Offered at $599,000.

Listing Agent

Kit Sixel

Sixel Real Estate License #200710134 Listed on: 07/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,102

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Lap Siding

Interior Spaces

  • 2,078 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • River Road Elementary School
  • Kelly Middle School
  • North Eugene High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0263747

Community Details

Overview

  • 3 Units
  • North Eugene Mixed Whiteaker Subdivision
  • Property managed by Nest West

Building Details

  • Operating Expense $5,102
  • Gross Income $47,400
  • Net Operating Income $42,298

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,102

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1910
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Nest West

Schools

  • Elementary School: River Road
  • High School: North Eugene
  • Middle Or Junior School: Kelly

Lot Info

  • Zoning: R-2
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 0263747

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5101.66

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.64
  • Annual Gross Income: 47400.0
  • Property Net Operating Income: 42298.0
  • Annual Operating Expense: 5102.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $5,102 $249,921 $0 $0
2022 $4,779 $242,642 $0 $0
2021 $4,489 $235,575 $0 $0
2020 $4,450 $228,714 $0 $0
2019 $4,247 $222,053 $0 $0
2018 $4,022 $209,307 $0 $0
2017 $3,709 $209,307 $0 $0
2016 $3,572 $203,211 $0 $0
2015 $3,417 $197,292 $0 $0
2014 $3,290 $191,546 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $599,000 -- $288 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Bargain Sale Deed -- Cascade Title Company
Warranty Deed $320,000 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,500 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $224,000 New Conventional
Previous Owner $291,625 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 555640693

Regional Multiple Listing Service (RMLS)

APN: 0263747