Date
Details
Price
Change
Source
7/24/2026
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.
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1/20
$550,000
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1/20
Property Description
Ultra rare duplex in one of Eugene's very best Sheldon area neighborhoods. Surrounded by single family, pride of ownership, quality homes. Main level, 3 bedroom unit with 1 1/2 baths. Wood burning fireplace, air conditioning, covered deck AND full basement ADDITIONAL 540 sq. ft. of finished and unfinished space not included in total. Upper unit features 2 bedrooms, 1 bath, air conditioning and large private deck. Over $30,000 in recent upgrades. Beautifully landscaped. A wonderful opportunity to live in an expensive area with income supplement or an outstanding investment. Seller is a licensed Principal Broker in Oregon on active status. Information subject to change, Buyer to verify all information to their satisfaction.
Full Property Details
Full Property Details for 488 Walnut Ln
General
- Price: $550,000
- Taxes: $4,835 (2025)
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 227518442
- Updated: 7/24/2026
- Added to Site: 29 day(s) ago
Rental Information
- Rent Includes: Maintenance Grounds
Parking
- Parking Features: Off Street, On Street
Location
- County: Lane
- Driving Directions: Coburg Rd to Harlow Rd to Walnut Ln
School Information
- Elementary School: Bertha Holt
- Middle School: Monroe
- High School: Sheldon
Community
- Community Name: 242 - Lane Co: Ferry Street Bridge
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Mini Split
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Full Basement, Partially Finished
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,184
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Operating Expenses: $10,640
- Tax Amount: $4,835.41
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: Commonly known as 488/490 Walnut Ln. Legal desc. to be attached upon receipt of preliminary title.
- Disclosures/Reports: Disclosure
- Property ID: 1771466
Listed by RE/MAX Integrity (541) 345-8100, Michael O'Connell Jr. (541) 953-0350
We Value Your Privacy
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Listing agent
— 488 Walnut Ln —
Michael O'Connell Jr.
RE/MAX Integrity
541-345-8100
541-345-8100
NMLS#: 1598647
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Schools
Schools serving 488 Walnut Ln
School District:Eugene School District 4j
| Name | Grades | Distance |
|---|---|---|
Holt Elementary School 770 Calvin Street, Eugene, OR 97401 | K-5 | 0.6 mi |
Monroe Middle School 2800 Bailey Lane, Eugene, OR 97401 | 6-8 | 0.5 mi |
Sheldon High School 2455 Willakenzie Road, Eugene, OR 97401 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 488 Walnut Ln
Tax History
Tax History for 488 Walnut Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,835
1%
$248,176
3%
2024
$4,775
3%
$240,948
3%
2023
$4,654
11%
$233,931
6%
2021
$4,202
-6%
$220,503
-3%
2022
$4,474
6%
$227,118
6%
2021
$4,202
3%
$214,081
3%
2019
$4,072
6%
$207,846
3%
2018
$3,833
5%
$201,793
3%
2017
$3,662
3%
$195,916
3%
2016
$3,571
3%
$190,210
3%
2015
$3,468
2%
$184,670
3%
2014
$3,398
4%
$179,291
3%
2013
$3,277
—
$174,069
—
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 488 Walnut Ln
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- Manufactured Home
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 1,274Sq. Ft.
Listed by Hybrid Real Estate, Roger Bidwell
- Single Family
- Active
- Updated 3 days ago
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- 1Total Bath
- 1,422Sq. Ft.
Listed by Better Homes and Gardens Real Estate Equinox, Ronald Bush
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- Active
- Updated 1 day ago
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- 1,440Sq. Ft.
Listed by Windermere RE Lane County, Jeanette Underwood and Windermere RE Lane County, Gary Branson
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,894Sq. Ft.
Listed by Keller Williams Realty Eugene and Springfield, Teri Dibos
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- Single Family
- Sold
- Updated 7 days ago
- 2Beds
- 2Total Baths
- 1,800Sq. Ft.
Listed by Windermere RE Lane County, Courtney Proden
Sold by Works Real Estate, Mitchell Morgan
Sold by Works Real Estate, Mitchell Morgan
- Single Family
- Sold
- 4Beds
- 2Total Baths
- 1,904Sq. Ft.
Listed by Emerald Valley Real Estate, Tara Nagelhout
Sold by Hearthstone Real Estate, Isaac Judd
Sold by Hearthstone Real Estate, Isaac Judd
- Single Family
- Sold
- 3Beds
- 2Total Baths
- 1,804Sq. Ft.
Listed by Emerald Valley Real Estate, Tara Nagelhout
Sold by Coldwell Banker Professional Group, Julie Adams
Sold by Coldwell Banker Professional Group, Julie Adams
- Single Family
- Sold
- 3Beds
- 2Total Baths
- 1,417Sq. Ft.
Listed by Better Homes and Gardens Real Estate Equinox, Merrill Moore
Sold by Hybrid Real Estate, Amy Thompson
Sold by Hybrid Real Estate, Amy Thompson
488 Walnut Ln, Eugene, OR 97401 (MLS# 227518442) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 488 Walnut Ln is currently listed for $550,000 and was received on July 24, 2026. Want to learn more about 488 Walnut Ln? Do you have questions about finding other Multi-Family real estate for sale in Eugene? You can browse all Eugene real estate or contact a Coldwell Banker agent to request more information.