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Jerrel Thomas

jthomas@ascentnw.com +1(503) 850-9404

Listed by HomeSmart Realty Group

$ 814,900

Est. payment | -/mo

338 SqFt

Save

$ 814,900

Est. payment | -/mo

Save

338 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 338 sqft

Price per Sqft $2,410

MLS Listing ID 596451471

HOA Y/N No

Year Built 2003

Annual Tax Amount $6,374

Tax Year 2025

Lot Size 8,712 Sqft

Property Description

Excellent investment opportunity! This well-maintained fourplex is located just a few blocks from historic downtown Independence. Each well-kept unit offers 2 bedrooms, 1 bathroom, and washer/dryer hookups. Low-maintenance landscaping, ample parking, a strong rental history, and low vacancy make this an outstanding investment. Two units are rented slightly below market rates, offering upside potential. Convenient to downtown, Hwy 22, Western Oregon University, and Salem.

Location

State OR

County Polk

Area _167

Zoning RH

Rooms

Basement Crawl Space

Interior

Heating Mini Split, Wall Heater, Zoned

Cooling Mini Split

Exterior

View Territorial

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Independence

Middle Schools Talmadge

High Schools Central

Others

Acceptable Financing Cash, Conventional, FHA, StateGILoan, VALoan

Listing Terms Cash, Conventional, FHA, StateGILoan, VALoan

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 850-9404

jthomas@ascentnw.com

2175 NW Raleigh St Ste 110, Portland, OR 97210, USA

80 BOATLANDING ST Independence, OR 97351