$625,000
SOLD AUG 7, 2025

1070 Hiatt St Lebanon, OR 97355

6 Beds
5 Baths
2,530 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

3% Below List Price

64 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Storage
  • Corner Lot
  • Window Unit Cooling System
  • Laundry Facilities

About This Home

As of August 2025

Back on the market at no fault of seller. NEW ZONING!!! Amazing opportunity to own a 5plex and covert into a 6plex (2 separate buildings: 4plex with 4beds/4baths and stand alone 2bed/1bath ). New exterior paint 2025 . Entire exterior was remodeled in 2017 (including roof, siding, doors, windows, gutters and new concrete). Over the years each of the units were renovated as well (including one of the units that was strip to the studs and remodeled just 1.5 years ago). The property has a coin laundry shared by all the tenants and a large corner lot. Buyer to do their due diligence with the city. Listing agent has ownership interest in the property.

Last Agent to Sell the Property

ANASTASIA CARANFIL

Anastasia Realty Group LLC License #201236423 Listed on: 04/29/2025

Last Buyer's Agent

Sherri Gregory

Keller Williams Rlty Mid Wlmte License #970300073

Keller Williams Rlty Mid Wlmte

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Territorial Views
  • Security Lights

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking

Schools

  • Seven Oak Middle School
  • Lebanon High School

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 0190146

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $13,000
  • Gross Income $65,531
  • Net Operating Income $52,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,328

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1940
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached
  • Total Bedrooms: 6
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Internet Service Type: Cable
  • Security: SecurityLights
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry
  • Association: No

Schools

  • High School: Lebanon
  • Middle Or Junior School: Seven Oak

Lot Info

  • Zoning: Z-RH
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 0190146

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2328.05

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 9.75
  • Annual Gross Income: 65531.0
  • Property Net Operating Income: 52531.0
  • Annual Operating Expense: 13000.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Sold $625,000 -2.2% $247 / Sq Ft
07/02/2025 07/02/25 Pending -- -- --
06/17/2025 06/17/25 Price Changed $639,000 -0.9% $253 / Sq Ft
05/20/2025 05/20/25 For Sale $645,000 0.0% $255 / Sq Ft
05/03/2025 05/03/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $645,000 +186.7% $255 / Sq Ft
03/29/2017 03/29/17 Sold $225,000 -1.9% $75 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
06/18/2015 06/18/15 For Sale $229,449 -- $76 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 125450254

Regional Multiple Listing Service (RMLS)

APN: 12S 02W 11CD 05800