We propose a quantum harmonic oscillator measurement engine fueled by simultaneous quantum measurements of the noncommuting position and momentum quadratures of the quantum oscillator. The engine extracts work by moving the harmonic trap suddenly, conditioned on the measurement outcomes. We present two protocols for work extraction, respectively based on single-shot and time-continuous quantum measurements. In the single-shot limit, the oscillator is measured in a coherent state basis; the measurement adds an average of one quantum of energy to the oscillator, which is then extracted in the feedback step. In the time-continuous limit, continuous weak quantum measurements of both position and momentum of the quantum oscillator result in a coherent state, whose coordinates diffuse in time. We relate the extractable work to the noise added by quadrature measurements, and present exact results for the work distribution at arbitrary finite time. Both protocols can achieve unit work conversion efficiency in principle.