WHITEAKER CHARM WITH STRONG CASH FLOW AND DESIGNER LEVEL UPGRADES. This beautifully restored 1890 Queen Anne offers the rare combination of historic character, modern finishes, and proven income performance. The downstairs 3 bedroom, 1 bath unit has been completely remodeled and operates as a successful short term rental averaging approximately $2,900 per month. Thoughtfully redesigned from top to bottom, it features all new flooring, fresh interior paint, upgraded trim, curated designer lighting, and elevated hardware throughout. The kitchen showcases new cabinetry, solid surface countertops, a stylish tile backsplash, and a full suite of new stainless steel appliances. The bathroom has been tastefully renovated with updated vanity, fixtures, mirrors, and contemporary finishes that create a polished, move in ready experience. Furnishings are negotiable, offering flexibility for a seamless transition to the next owner. Upstairs, the 1 bedroom, 1 bath unit is occupied by a long term tenant paying $700 per month, providing consistent baseline income and added stability. Located just moments from Sweet Life, the Beer Garden, parks, and downtown Eugene, this property delivers both lifestyle appeal and investment strength. Financials available upon request. Showings available with accepted offer due to occupied long term tenant.
Kristina Gribskov • Pacific Real Estate Services Inc
Around this home
Schools
K - 12
Preschool & daycare
River Road/El Camino Del Rio Elementary School
Public K-5 • Assigned • 2.0mi
7/10
Kelly Middle School
Public 6-8 • Assigned • 3.0mi
6/10
North Eugene High School
Public 9-12 • Assigned • 3.2mi
3/10
Provided by GreatSchools
About
Whiteaker
Whiteaker, located between the Willamette River and downtown Eugene, is a historic and industrial Eugene neighborhood with warehouse-era streetscapes and a strong maker-culture streak. The neighborhood’s character concentrates around Blair Boulevard near 1st Avenue, where taprooms, food carts, murals, and small studios line the corridor. Community pillars include Ninkasi Brewing Company, Sam Bond’s Garage, and the WOW Hall. Early-1900s cottages mix with converted light-industrial buildings and live-work spaces. The flat grid and river-adjacent paths shape a bike-forward, walkable rhythm. Pocket parks and the nearby riverfront add breathing room between busy blocks.
Provided by Walk Score and Local Logic
Offer insights
655 Monroe St · $450,000
$449K and above
75% chance or better to win
Why $449K+ is a strong offer
DAYS ON MARKET
193 days
The average home goes pending in 129 days.
SALE-TO-LIST
104.0%
Most homes are selling 4% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Finished basement with storage space
Additional storage in garage
Bedrooms
One unit with 3 bedrooms
One unit with 1 bedroom
Bathrooms
Each unit has 1 bathroom
Kitchen
No appliances listed
Laundry & utility
Electric hot water (tank)
Flooring
No flooring info provided
Heating & cooling
Mini split heating and cooling
Wall heater
Window unit cooling
Exterior features
Front yard landscaping
Level lot
Paved road frontage
Home design
Multi-family property
Not attached to another property
Updated/remodeled
Originally built in 1890
Parking
On-street parking
Security
Entry and sidewalk security features
Construction
Wood siding exterior
Composition roof
Concrete perimeter foundation
Utilities
Electric fuel
Public water
Public sewer
No green certification
HOA & community
Zoned C-2
Financial info
Two total units
Unit 1 actual rent $2,922
Unit 2 actual rent $700
Cap rate 6.18
Gross rent multiplier 9.68
Other
Parcel number 0265940
Electricity and solar
View estimated energy costs and solar savings for this home
Charming Queen Anne Victorian home in the heart of downtown Eugene - close to great restaurants, easy access to freeways, walk everywhere from here! Several original features & solid build makes a perfect opportunity for investors or homeowner sweat equity. Zoned C-2 & currently used as residential leaves buyer with options for use. Buyer to do due diligence regarding suitability for their needs. Priced to sell!
Public Records
Jan 8, 2013
Sold
$168,370
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,470 (+1.3%)
2024
$3,426 (+15.0%)
2023
$2,979 (+4.0%)
2022
$2,864 (+6.5%)
2021
$2,690 (−0.4%)
2020
$2,699 (+3.5%)
2019
$2,607 (+6.2%)
2018
$2,454 (+4.7%)
2017
$2,344 (+2.6%)
2016
$2,285 (+2.9%)
2015
$2,220 (+2.1%)
2014
$2,175 (+2.8%)
2013
$2,117 (+8.7%)
2012
$1,947 (+1.9%)
2011
$1,910 (+1.4%)
2010
$1,883 (+2.6%)
2009
$1,836
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
1964
Finished Sq. Ft.
1,625
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,625
Year built
1890
Style
Single Family Residential
County
Lane County
APN
0265940
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
C-2
Community Commercial Zone
The C-2 Community Commercial zone is designed to implement the comprehensive plan by providing areas for community commercial uses. These areas usually include at least 5 acres and not more than 40 acres, and are intended to include a wide range of purchaser goods and entertainment, office, and service needs for a support population smaller than that of the metropolitan area but larger than that of a neighborhood. Housing is also permitted in this zone, which may occur independently on individual lots or parcels, or be located in clusters that share parking facilities and other common areas.
Permitted uses
Include but are not limited to:
Gas station
Bank
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Manufacturing
Hotel / motel
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
13 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Eugene, OR • 97402
Average low and high temperatures (°F)
47
33
51
37
59
41
65
43
71
48
79
52
87
56
87
59
79
54
66
45
54
42
50
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 655 Monroe St
$442,459
$7,541 under list price of $450K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $435K to $600K.