$449,900

110 W C St Rainier, OR 97048

Estimated payment $2,705/month

Total Views 4,530
2 Beds
2 Baths
2,596 Sq Ft
$173 Price per Sq Ft

Highlights

  • River View
  • Zoned Heating
  • High Speed Internet
  • Mini Split Air Conditioners
  • Landscaped
  • Level Lot

About This Home

Investor alert!, Large upside in this well maintained triplex in the heart of Rainier!! This property features a well designed duplex and a stand alone third unit! Both units of the duplex are rented with long term tenants in place the 3rd unit is empty and would need to be finished being converted. Third unit was previously a garage that has been started being converted with a full bathroom, laundry hook-ups, refrigerator, and so much space could potentially be 2 bedrooms. Owner pays for water and sewer, tenants pay for power and garbage! Both units of the duplex are very nicely laid out 2 bed 1 baths with a 2 year old roof and newer mini split systems. Come buy this with only 3.5% down and have the tenants help pay the mortgage!!

Listing Agent

Dennis O'Brien

RE/MAX Powerpros License #201228793 Listed on: 07/18/2025

RE/MAX Powerpros

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,042

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 5,662 Sq Ft Lot
  • Landscaped
  • Level Lot

Property Views

  • River
  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Shake Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,596 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Hudson Park Elementary School
  • Rainier Middle School
  • Rainier High School

Utilities

  • Mini Split Air Conditioners
  • Zoned Heating
  • Mini Split Heat Pump
  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 18215

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $6,950
  • Gross Income $24,000
  • Net Operating Income $17,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,042

Year Built

Built in 1975 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1975
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 449900.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 2
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,Cedar,ShakeSiding,T111Siding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, PublicRoad
  • Road Surface Type: Paved
  • Roof: Flat
  • View: City,Mountain,River

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,Satellite
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit, WallFurnace, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping

Schools

  • Elementary School: Hudson Park
  • High School: Rainier
  • Middle Or Junior School: Rainier

Lot Info

  • Zoning: R3
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.0
  • Parcel #: 18215

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 4041.68
  • Tax Opportunity Zone: Yes

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 18.75
  • Annual Gross Income: 24000.0
  • Property Net Operating Income: 17050.0
  • Annual Operating Expense: 6950.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,042 $218,820 $68,090 $150,730
2024 $3,947 $212,450 $66,100 $146,350
2023 $3,893 $206,270 $73,050 $133,220
2022 $3,717 $200,270 $70,920 $129,350
2021 $3,656 $194,440 $40,590 $153,850
2020 $3,553 $188,780 $59,980 $128,800
2019 $3,497 $183,290 $58,239 $125,051
2016 $2,902 $164,430 $62,420 $102,010
2015 $3,055 $172,780 $45,800 $126,980
2014 $3,099 $167,750 $44,010 $123,740
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 For Sale $449,900 0.0% $173 / Sq Ft
08/21/2025 08/21/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $449,900 -- $173 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $119,400 --
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 443899003

Regional Multiple Listing Service (RMLS)

APN: 0301072160420930000