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$589,000 -$10,000 (-1.67%) Price Reduced
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Property Description
This charming vintage craftsman has the perfect blend of location, zoning and updates that combine for a wide variety of creative uses. Flexible C2 zoning allows for a wide range of commercial uses & live-work opportunities (short or long term rental, multifamily?) 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. It's on a bus line along busy Pearl St, and merely two blocks to bustling Willamette St. 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). 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 hookups, 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 features tons of updates! New roof, paint, updated electric, automatic sprinklers, newer sewer line & clean-out, many new windows, newer appliances, flooring, more. PLEASE DO NOT DISTURB TENANT, CALL YOUR REALTOR FOR SHOWINGS.
Full Property Details
Full Property Details for 1492 Pearl St
General
- Price: $589,000
- Taxes: $5,028 (2025)
- Status: Active
- Type: Commercial
- Source: RWMLS
- MLS ID: 733714211
- Updated: 2/11/2026
- Added to Site: 155 day(s) ago
Additional Information
- Equipment: Sprinkler
Parking
- Total Spaces: 3
- Parking Features: Off Street, On Site
Location
- County: Lane
- Driving Directions: Corner of Pearl and 15th (easiest parking on 15th)
Community
- Community Name: 243 - Lane Co: East Eugene
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Baseboard, Wall Heater, Zoned
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Wood Siding
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,084
- Current Bldg. Use: Multi Family, Salon
- Year Built: 1920
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size: 3, 000 to 4, 999 SqFt
- Frontage: Paved
Financial Considerations
- Lease Price: $3,075
- Tax Amount: $5,028.69
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial Photo, Floor Plan, Leases
- Legal Description: Map & Taxlot # 17-03-31-44-01700; Tax Account # 0275576a
- Property ID: 275576
Listed by Windermere RE Lane County (541) 484-2022, Koalani Roberts (541) 501-8319
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Schools
Schools serving 1492 Pearl St
School District:Eugene School District 4j
| Name | Grades | Distance |
|---|---|---|
Edison Elementary School, Eugene, OR 1328 East 22nd Avenue, Eugene, OR 97403 | K-5 | 1.1 mi |
Roosevelt Middle School 500 East 24th Avenue, Eugene, OR 97405 | 6-8 | 0.8 mi |
South Eugene High School 400 East 19th Avenue, Eugene, OR 97401 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1492 Pearl St
Date
Details
Price
Change
Source
2/11/2026
Price Reduced
$589,000
-1.67%
MLS
12/02/2025
Price Increased
$599,000
8.91%
MLS
9/09/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1492 Pearl St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,029
1%
$258,096
3%
2024
$4,966
3%
$250,579
3%
2023
$4,840
11%
$243,281
6%
2021
$4,370
-6%
$229,317
-3%
2022
$4,652
6%
$236,196
6%
2021
$4,370
3%
$222,638
3%
2019
$4,235
6%
$216,154
3%
2018
$3,987
5%
$209,859
3%
2017
$3,808
3%
$203,747
3%
2016
$3,714
3%
$197,813
3%
2015
$3,607
2%
$192,051
3%
2014
$3,534
3%
$186,457
3%
2013
$3,439
—
$181,026
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1492 Pearl St
1492 Pearl St, Eugene, OR 97401 (MLS# 733714211) is a Commercial property. 1492 Pearl St is currently listed for $589,000 and was received on September 09, 2025. Want to learn more about 1492 Pearl St? Do you have questions about finding other Commercial real estate for sale in Eugene? You can browse all Eugene real estate or contact a Coldwell Banker agent to request more information.

