511 Madison St Eugene, OR 97402
Whiteaker NeighborhoodEstimated payment $3,473/month
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 $575,000.
Listing Agent
Sixel Real Estate Brokerage Phone: 541-954-1915 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
- Heating System Mounted To A Wall or Window
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $5,102 | $257,418 | -- | -- |
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Price Changed | $575,000 | -4.0% | $277 / Sq Ft |
| 07/24/2025 07/24/25 | For Sale | $599,000 | -- | $288 / Sq Ft |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $291,625 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 555640693
APN: 0263747
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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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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