490 E  40th Ave, Eugene, OR 97405
Property image
Property image
OFF MARKET

490 E 40th Ave
Eugene, OR 97405

Southeast
  • 3 Beds
  • 1 Bath
  • 1,250 sqft

$470,000

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,800/mo*

$470,000

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,800/mo*
3 Beds
1 Bath
1,250 sqft

Local Information

  • Map ViewExplore the area around 490 E 40th Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,250 sqft
Price/Sqft
$376

About this House

Three-bedroom ranch-style South Eugene house with hardwood floors, ductless HVAC, an efficient hybrid water heater, a large living & dining room, and a completely remodeled bathroom with walk-in shower. A washer and dryer are included.

The house comes with garden space and a covered patio. The rent includes water, internet, and garbage/recycling; you pay for power. The property is in a quiet neighborhood near bus lines and a supermarket and across the street from a Buddhist center. The expansive yard has been turned into a fruit, veggie, and native plant garden. The patio includes an outdoor dining table and electrical outlets and is perfect for dining, craft projects, gaming, and social events during the warmer months.

The lease is for one-year, becoming month-to-month after that. It does not include garage space (there's substantial closet storage in the house, however). The house is partially furnished, including an entertainment system (TV and speakers equipped with Roku for access to Netflix, Hulu, etc.), oak dining room table and chairs, armchairs, and a futon couch. Cats are okay, but no dogs.

Tours will be available starting February 14th.

The lease is for one year and includes water as well as garbage, recycling, and internet fees. Tenants are responsible for power and light. A security deposit of $2250 is due when the lease is signed. This is a no-smoking house.
490 E 40th Ave, Eugene, OR 97405 is a 3 bedroom, 1 bathroom, 1,250 sqft single-family home in Southeast. It last sold for $110,000 on Dec 19, 2017 (4,789% above the $2,250 asking price). More recently, it was listed as a rental in February 2025 with an asking price of $2,250 per month. That rental listing was removed on March 4, 2025. It is currently off market. The Trulia Estimate is $470,000, with a rent estimate of $2,264/month.

Home Details for 490 E 40th Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Garden

Price History for 490 E 40th Ave

DatePriceEventSource
03/04/2025$2,250ListingRemovedZillow Rentals
02/02/2025$2,250Listed For RentZillow Rentals
10/14/2024$2,200ListingRemovedZillow Rentals
03/05/2024ListingRemovedZillow Rentals
02/07/2024$2,200Listed For RentZillow Rentals
12/19/2017$110,000Sold
N/A
12/29/2006$243,098Sold
N/A
06/02/2006$210,000Sold
N/A
12/12/2005$20,000Sold
N/A
10/30/1997$110,000Sold
N/A

Market trends in Southeast

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$495K
Sale-to-List Price
—
Price per sq ft
$325
Available listings
63
2
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$5,291
Assessment$523,447
Home facts updated by county records

Comparable Sales for 490 E 40th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.19
Single-Family Home
$180,000
11/19/25
3
1
1,440
0.21
Single-Family Home
$325,000
04/09/26
3
1
1,304
0.26
Single-Family Home
$470,000
12/18/25
3
1
1,026
0.08
Single-Family Home
$615,000
05/15/26
3
2
1,598
0.10
Single-Family Home
$529,140
05/19/26
3
2
1,614
0.21
Single-Family Home
$460,000
05/06/26
3
2
1,340
0.21
Single-Family Home
$517,000
03/12/26
3
2
1,200
0.42
Single-Family Home
$410,000
04/30/26
3
1
960
0.13
Single-Family Home
$456,000
05/29/26
2
2
1,073
0.48
Single-Family Home
$510,000
04/16/26
3
1
1,182

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 490 E 40th Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Southeast

At least 57 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 89 % Say there's holiday spirit

  • 87 % Say there's wildlife

  • 86 % Say yards are well-kept

  • 85 % Say parking is easy

  • 82 % Say there are sidewalks

  • 78 % Say people would walk alone at night

  • 76 % Say neighbors are friendly

  • 75 % Say it's walkable to grocery stores

  • 67 % Say car is needed

  • 64 % Say it's quiet

  • 59 % Say kids play outside

  • 57 % Say they plan to stay for at least 5 years

  • 54 % Say it's walkable to restaurants

  • 42 % Say streets are well-lit

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Amie Chaudoir
    "Everything I need is within 12 minutes by car, and 30 minutes by bicycle. I can walk to my grocery stores, bank, acupuncture clinic, hardware store, hair cutter, pet store, office store, favorite restaurants, late night convenience store and more. "
  • Ann Moore
    "When I lived in the neighborhood I didn’t have a dog because I was too busy working and I had a two year old daughter who took up my time "
  • Suzi22twain
    "We have lived here for 18 years, and our neighbors look out for each other, and are very respectful and kind. The area is very quiet too, and filled with many trees."
  • Anne H.
    "I don’t really know. It is just beautiful. The neighborhood is active and people care about this neighborhood. "
  • Eva K.
    "It used to be very mellow and quiet also family oriented. There has been more and more theft and suspicious activity, especially close to Willamette. "
  • Dawn H.
    "Our. Neighborhood is quiet and close to trails. Good schools for our kids. Like-minded community members, appreciation for arts and attending 4-year college"
  • Nikole W.
    "Quite neighborhood, a lot of wildlife, and decent sized properties (yards, gardens, decks/patios, etc.) many houses feature unique and quirky architecture with excellent utilization of space."
  • Nleannm
    "it's far enough from town that it's nice and peaceful yet close enough that I can still walk most places within an hour. plenty of accessable bus stops make riding to downtown pretty quick. "
  • Janet G.
    "I've lived here since 1992. It's a pleasant quiet neighborhood with much natural beauty. Lots of dog walkers, runners and bicyclists make it fun!"
  • 6murphys
    "Get ready to include the turkeys and deer as extended pet family, there’s no way to keep them out, you’re in their territory! It’s quiet on my cul-de-sac, other than an occasional car heard on the windy road up from us. Friendly people,lots of friendly dogs too. It’s a wilderness wonderland in the middle of suburbia! Perfection. "
  • Mizznizz
    "Views of the hills, friendly neighbors, shopping and schools close by, lots of trees, parks nearby, good restaurants, bike shop, hardware store"
  • nancymckinney
    "This area of Eugene is quiet, safe, accessible and has excellent schools. It is near shopping parks and Amazon Pool and Edgewood Shopping Center. It's a 5 minute drive to the freeway or Amazon Parkway for cross town driving. "
  • Jacob
    "Very quiet neighborhood, educated diverse neighbors, great walking, easy access to downtown and shopping, plus walking trails, biking, bus lines"

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near 490 E 40th Ave

Skip to last item
Skip to first item

Off Market Homes Near 490 E 40th Ave

Skip to last item
Skip to first item

Frequently asked questions about 490 E 40th Ave

  • What is 490 E 40th Ave estimated to be worth?
    Trulia's estimated value for 490 E 40th Ave in Eugene, OR is $470,000.
  • What is the price history for 490 E 40th Ave?
    490 E 40th Ave in Eugene, OR last sold for $110,000 in December 2017.
  • Is Eugene a buyer's or seller's market?
    Eugene is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Eugene?
    The median sale price in Eugene is $495K.
  • Does 490 E 40th Ave have air conditioning?
    Yes, 490 E 40th Ave in Eugene, OR has air conditioning.
  • Does 490 E 40th Ave have laundry facilities?
    Yes, 490 E 40th Ave in Eugene, OR has in-unit laundry.