$395,000

490 W 4th Ave Eugene, OR 97401

$4,691
Closing credit¹
0.10 acres
House

Property details

About 490 W 4th Ave

Unique development opportunity in downtown Eugene. Seller has preliminary plans drawn for a 20 unit apartment or up to a 69 unit single room occupancy complex. Drawings can be provided upon request. Package deal can be made if 427 Washington is also purchased with 490 W 4th ave. Great walk & bike-score! Near The Owen Rose Garden, Downtown Shops, Whiteaker Breweries, the Willamette River, and more! There is so much to see & do in the heart of Eugene. These properties also make great long-term rental investments with the current tenants. (Do don't disturb current tenants, please.)

Highlights

Home typeOther
StatusActive
Lot size0.1 Acres
Year built1900
ParkingStreet Parking
MLS #779161066

Summary

  • Basement: No
  • Flooring Type: Wood
  • Attached Garage: No
  • Parking: Street Parking
  • Cooling: None
  • List Price: $395,000
  • Annual Tax Amount: $2,123
  • Tax Year: 2023
  • Directions: Corner of West 4th Ave & Washington
  • Year Built: 1900
  • Stories: 2
  • Lot Size: 0.1 Acres
  • MLS Number: 779161066
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Sixel Real Estate
  • Office Phone: (541) 654-0501
  • Listing Agent: Kit Sixel

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/25/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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490 W 4th Ave, Eugene, OR 97401 - view of fenced yard

$395,000

490 W 4th Ave

$4,691

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 02, 2010
Home Sold
$175,000

Tax history

YearAssessmentProperty Tax
2023$106,729$2,123
2022$103,621$2,041
2021$100,603$1,917
2020$97,673$1,923
2018$92,067$1,748
2017$89,385$1,670

History based on county public records data.

Nearby schools

6

Willagillespie Elementary School

Public District KG-5

1.1 mi

1125 Willagillespie Rd

2

César E. Chávez Elementary School

Public District KG-5

1.1 mi

1510 W 14th Ave

7

Adams Elementary School

Public District KG-5

1.5 mi

950 W 22nd Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,319. Most Eugene, OR residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

61%
<35k
35%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

91%
Single, No Kids
4%
Single, with Kids
4%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
48%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Figure SkatingFigure Skating
  • UFCUFC

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Bob EvansBob Evans
  • Burger KingBurger King

What do the neighbors drive?

  • PontiacPontiac
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 490 W 4th Ave

The listing price of 490 W 4th Ave property is $395,000.

The property 490 W 4th Ave is a house located in Eugene, Oregon, 97401.

Active Listing: 490 W 4th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 490 W 4th Ave are: Willagillespie Elementary School (GreatSchools Rating 6/10), César E. Chávez Elementary School (GreatSchools Rating 2/10), Adams Elementary School (GreatSchools Rating 7/10), Arts & Technology Academy (GreatSchools Rating 5/10), Roosevelt Middle School (GreatSchools Rating 7/10), Monroe Middle School (GreatSchools Rating 5/10), Eugene Education Options (GreatSchools Rating 1/10), South Eugene High School (GreatSchools Rating 7/10), Network Charter School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $2,123 (source: MLS/based on county public records data).

The last sale was on June 2, 2010 for $175,000 (source: MLS/tax record).

The property at 490 W 4th Ave has 0 bathroom.

The year of construction for 490 W 4th Ave is 1900.

This home is located at 490 W 4th Ave in Eugene, OR and zip code 97401 in the Whiteaker neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $395,000.

In May 2025 more than 56 listings in Eugene, OR were sold above the asking price. During the same period more than 47 listings were sold at asking price, while more than 65 were sold below. The inventory of homes for sale in Eugene, OR between April and May 2025 increased by 17.1%. While the average time on the market in May 2025 was 41 days, the median list price was $489,709.

From Rocket Homes Real Estate and based on county public records data.

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