490 E 40th Ave
Eugene, OR 97405
Southeast- 3 Beds
- 1 Bath
- 1,250 sqft
3 Beds
1 Bath
1,250 sqft
Local Information
-- mins to
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.
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
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 YearAvailable: now |
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Appliances & Utilities DryerWasher |
Heating & Cooling Air ConditioningCooling System: Central Air |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Exterior Home Features Garden |
Price History for 490 E 40th Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/04/2025 | $2,250 | ListingRemoved | Zillow Rentals |
| 02/02/2025 | $2,250 | Listed For Rent | Zillow Rentals |
| 10/14/2024 | $2,200 | ListingRemoved | Zillow Rentals |
| 03/05/2024 | ListingRemoved | Zillow Rentals | |
| 02/07/2024 | $2,200 | Listed For Rent | Zillow Rentals |
| 12/19/2017 | $110,000 | Sold | N/A |
| 12/29/2006 | $243,098 | Sold | N/A |
| 06/02/2006 | $210,000 | Sold | N/A |
| 12/12/2005 | $20,000 | Sold | N/A |
| 10/30/1997 | $110,000 | Sold | N/A |
Market trends in Southeast
Last updated June 2026
Avg. sale price
$495K
Sale-to-List Price
—
Price per sq ft
$325
Available listings
63
2MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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.Assigned Schools
These are the assigned schools for 490 E 40th Ave.
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.
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Apartments for Rent
Homes for sale near 490 E 40th Ave
Off Market Homes Near 490 E 40th Ave
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.

