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Listing provided courtesy of Sixel Real Estate- MLS# 357840694MLS ProviderContact Information: 541-954-1915

561 MADISON STEugene, OR 97402

Multi-Family · 2,218 Sq. ft. | 0.10 Acres
$399,000 Pending

561 MADISON ST Overview

Time on Site:
399 days
Visits:
2

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

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561 MADISON ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,218
  • Price/Sq.ft. $180
  • Lot 0.10 Acres

Details

General

School Information

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

Income/Expenses

  • Gross Income: 36480.0
  • Net Operating Income: 33948.0
  • Operating Expense: 2532.0

Building Information

  • Year Built: 1918

Location/Region

  • Country: US
  • County Or Parish: Lane
  • MLS Area Major: 245 - Lane Co: West Eugene
  • Subdivision Name: North Eugene Mixed Whiteaker

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 2531.84
  • Tax Year: 2025

General Information

  • Listing Terms: Conventional,FHA,VA Loan
  • Parcel Number: 0263770
  • Property Type: Multi Family
  • Zoning: C2

Interior

Parking Information

  • Garage Spaces: 0

Building Interior

  • Building Area Total: 2218.0

General Information

  • Basement: Full Basement
  • Cooling: None
  • Heating: Baseboard
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Off Street
  • Parking Total: 2.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Square Feet: 4356.0
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

561 MADISON ST Neighborhood

Community

97402 (Eugene) Demographics

37
Median Age
695
Population Density (per sq. mile)
34%
College Educated
$46,504
Estimated Median Income
10,344
Estimated Total Home Owners
11,438
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

561 MADISON ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

561 MADISON ST Market Data

Based on the last 30 days in this zip code

$420,543
Average List Price
$264
Average Price per Square Foot
52
Properties Sold
87
Average Days on Market
215
Properties for Sale
Calculations provided by Reliance Network

561 MADISON ST History

Date Event Value Agent
6/10/2026Source: Regional MLS Status Change
Pending
5/30/2026Source: Regional MLS Status Change
Active
5/15/2026Source: Regional MLS Status Change
Pending
5/5/2026Source: Regional MLS Status Change
Active
3/20/2026Source: Regional MLS Status Change
Pending
3/2/2026Source: Regional MLS Price Reduction
$399,000 -3.9%
7/7/2025Source: Regional MLS Price Reduction
$415,000 -5.5%
6/13/2025Source: Regional MLS Price Reduction
$439,000 -4.4%
5/27/2025Source: Regional MLS Added to Database
May 27, 2025