561 Madison St Eugene, OR 97402
Whiteaker NeighborhoodEstimated payment $2,360/month
Highlights
- No HOA
- Level Lot
- Wood Siding
- Baseboard Heating
About This Home
New price $399,000. Great investment opportunity in this Jefferson Westside/Whiteaker Neighborhood duplex that's downtown with a great walk-score! 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. This duplex can be purchased with the neighboring duplex at 577 Madison for $750k. Do not disturb tenants. Total monthly rent for 561 Madison is: $3040/mo
Listing Agent
Sixel Real Estate Brokerage Phone: 541-954-1915 License #200710134 Listed on: 05/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,532
Year Built
- Built in 1918
Lot Details
- 4,356 Sq Ft Lot
- Level Lot
Home Design
- Composition Roof
- Wood Siding
- Lap Siding
Interior Spaces
- 2,218 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
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 0263770
Community Details
Overview
- No Home Owners Association
- 2 Units
- North Eugene Mixed Whiteaker Subdivision
Building Details
- Operating Expense $2,532
- Gross Income $36,480
- Net Operating Income $33,948
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 |
|---|---|---|---|---|
| 2025 | $2,532 | $129,946 | -- | -- |
| 2024 | $2,500 | $126,162 | -- | -- |
| 2023 | $2,500 | $122,488 | -- | -- |
| 2022 | $2,342 | $118,921 | $0 | $0 |
| 2021 | $2,200 | $115,458 | $0 | $0 |
| 2020 | $2,208 | $112,096 | $0 | $0 |
| 2019 | $2,132 | $108,832 | $0 | $0 |
| 2018 | $2,007 | $102,585 | $0 | $0 |
| 2017 | $1,917 | $102,585 | $0 | $0 |
| 2016 | $1,870 | $99,597 | $0 | $0 |
| 2015 | $1,816 | $96,696 | $0 | $0 |
| 2014 | $1,779 | $93,880 | $0 | $0 |
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 | Price Changed | $399,000 | 0.0% | $180 / Sq Ft |
| 03/02/2026 03/02/26 | For Sale | $399,000 | -3.9% | $180 / Sq Ft |
| 07/30/2025 07/30/25 | Off Market | $415,000 | -- | -- |
| 07/07/2025 07/07/25 | Price Changed | $415,000 | -5.5% | $187 / Sq Ft |
| 06/13/2025 06/13/25 | Price Changed | $439,000 | -4.4% | $198 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $459,000 | -- | $207 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $380,000 | Cascade Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $177,500 | Commercial |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 357840694
APN: 0263770
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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 © 2026 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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Ask me questions while you tour the home.