1492 PEARL ST
Eugene, OR, 97401 $ 589,000
Bedrooms4 Baths3.0 Sq 2,084 Monthly Estimate*
$ 3,627
for $589,000 with 4 bedrooms and 3 full baths. This 2,084 square foot home was built in 1920 on a lot size of 0.09.
This charming vintage craftsman has the perfect blend of location, zoning and updates that combine for a variety of creative uses. Flexible C2 zoning allows for a wide range of commercial uses & live-work opportunities. Located just a block from The Midtown Luxury Condos, & very close to downtown Eugene, University of Oregon, YMCA, South Amazon running trail – truly a prime location near thriving businesses, restaurants, homes & apartments. Corner lot, on a bus line along Pearl St, and merely two blocks to bustling Willamette St. Great curb appeal/great drive by traffic. Currently configured as 3 units: The lower level has an established salon tenant that rents two units (business is not for sale, only the building; tenant would love to stay). Upper level is a bright 2 BR, 1 BA apartment just renovated. Apartment has a full kitchen with tile counters, newer appliances, new flooring throughout, skylights, walk in shower, laundry, a sweet place! Commercial spaces below feature a covered front porch, wood floors, kitchen, 1.5 baths, lots of windows, good flow. Off-street and on-street parking. Property has tons of updates! New roof, paint, updated electric, automatic sprinklers, newer sewer line & clean-out, newer appliances, flooring, more. Tenants pay own electricity (3 meters), owner pays water. 2-3 off street parking spaces. PLEASE DO NOT DISTURB TENANT AND BUSINESS, CALL YOUR REALTOR FOR SHOWING APPOINTMENT.
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FeaturesGeneralSewer PublicSewer
Heating Baseboard Zoned
Cooling WallUnit
Roof Composition
Zoning C2
Year Built 1920
Stories Count 2
Tax Year 2025
Parcel Number 0275576
Gross Income 0
County Lane
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Subdivision Name WEST UNIVERSITY NEIGHBORS
Rent Includes MaintenanceGrounds Sewer Water
Status Active
Directions Corner of Pearl and 15th (easiest parking on 15th)
High School South Eugene
City Eugene
Number Of Units Total 3
MLS Area _243
Lot Size Square Feet 3920.0
Listing Terms Cash Conventional
Elementary School Edison
Tax Annual Amount 5028.69
Middle/Junior High School Roosevelt
Property Condition UpdatedRemodeled
Virtual Tour https://kuula.co/share/collection/7DKM4?logo=1&info=0&fs=1&vr=1&zoom=1&initload=0&autopalt=1&thumbs=1&margin=2
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description Map & Taxlot # 17-03-31-44-01700; Tax Account # 0275576a
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InteriorBasement CrawlSpace
Storage Attic
Unit 1 Baths Total 3
Unit 1 Beds Total 4
Unit Type UnitTypeType1
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ExteriorParking Features OffStreet OnStreet
Lot Features CornerLot Level OnBusline
Water Source PublicWater
Total Parking 3.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2084.0
Lot Size Acres 0.09
Road Surface Type Paved
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* Excluded FeaturesList ByWindermere Re Lane CountyBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,627
- Monthly Property Taxes
- $419
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Eugene, OR
Average List Price $761,057
Percent of Sale Price 29%
About Eugene, OR 168,337 Population
19% Since 2002
$ 47,932 Median Income
35.86 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950482 Elementary School
1950300 Middle School
South Eugene High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/10/2025 | $550,000 | | Listed Price |
1492 PEARL ST, Eugene, OR, 97401 is a Multi-Family Home for sale at $589,000 with 2,084 sqft and a lot size of 0.09. 1492 PEARL ST has 4 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 97401 which is in Eugene, OR