$750,000
PENDING

561 577 Madison St Eugene, OR 97402

Whiteaker Neighborhood

Estimated payment $4,215/month

Total Views 1,932
8 Beds
4 Baths
3,792 Sq Ft
$198 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Level Lot
  • Lap Siding

About This Home

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.

Listing Agent

Kit Sixel

Sixel Real Estate Brokerage Phone: 541-954-1915 License #200710134 Listed on: 03/02/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 3,792 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0263770

Community Details

Overview

  • 4 Units
  • Whiteaker Subdivision

Building Details

  • Operating Expense $5,000
  • Gross Income $70,680
  • Net Operating Income $65,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,532

Year Built

Built in 1918 | Remodeled

Lot Details

0 Sq Ft Lot

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1918
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 750000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: StorageSpace, Unfinished
  • Storage: Basement
  • Total Bedrooms: 8
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

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

Schools

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

Lot Info

  • Zoning: C-2
  • Parcel #: 0263770

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2531.84

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.61
  • Annual Gross Income: 70680.0
  • Property Net Operating Income: 65680.0
  • Annual Operating Expense: 5000.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 Pending -- -- --
03/02/2026 03/02/26 For Sale $750,000 -- $198 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 110904229

Regional Multiple Listing Service (RMLS)
Oregon Lane County Eugene 97402 Whiteaker

561 577 Madison St, Eugene, OR

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Kit Sixel
Listing Agent
Kit Sixel
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Sixel Real Estate
(458) 232-1268
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