NOT LISTED FOR SALE

1119 W Central Ave Sutherlin, OR 97479

-- Bed
-- Bath
4,700 Sq Ft
0.46 Acres

Last Sold March 28, 2024

Last sale price $725,000 $154 Per Sq Ft

430 Days on Market

Highlights

  • 0.46 Acre Lot
  • 1-Story Property
  • Vinyl Flooring
  • No HOA
  • Baseboard Heating

About This Home

As of March 2024

Investment opportunity in Sutherlin w/6.6% cap rate & room to grow. Great location complex w/10 units. Easy access off Central in Sutherlin w/plenty of parking. Buyer could manage themselves for that cap rate up or keep current property manager.

Last Agent to Sell the Property

JR Candy

eXp Realty, LLC License #201217995 Listed on: 01/09/2024

eXp Realty, LLC

Co-Listed By

Rockwell Group

eXp Realty, LLC License #201207277

Last Buyer's Agent

x Non-SOMLS REALTOR

No Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $997

Year Built

  • Built in 1948

Lot Details

  • 0.46 Acre Lot
  • Two or More Common Walls
  • Additional Parcels

Parking

  • Assigned Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring

Schools

  • East Sutherlin Primary Elementary School
  • Sutherlin Middle School
  • Sutherlin High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Tenant Personal Property
  • Assessor Parcel Number R51655
  • Tax Block 2

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Gross Income $99,864

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$997

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Unit Levels: One
  • Lot Size Acres: 0.46
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Subdivision Name: N/A
  • Year Built: 1948
  • Total Gross Income: 99864.0
  • Co List Office Mls Id: orEXP4
  • Co List Office Phone: 888-814-9613
  • Co List Office Phone: 888-814-9613
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: East Sutherlin Primary
  • General Property Information Middle Or Junior School: Sutherlin Middle
  • General Property Information High School: Sutherlin High
  • General Property Information:Zoning2: C-3
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: 2
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenant Personal Property
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Sutherlin Primary
  • High School: Sutherlin High
  • Middle Or Junior School: Sutherlin Middle

Lot Info

  • Additional Parcels Description: R51662
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 20037.6
  • Parcel #: R51655
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 10
  • Annual Operating Expense: 40260.0

Tax Info

  • Tax Annual Amount: 996.76
  • Tax Block: 2
  • Tax Map Number: 25S/05W/19/NE
  • Tax Year: 2021

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 List to Sale Price per Sq Ft Prior Sale
03/28/2024 03/28/24 Sold $725,000 0.0% $154 / Sq Ft View Prior Sale
03/28/2024 03/28/24 Sold $725,000 +3.7% $154 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/15/2024 01/15/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $699,000 0.0% $149 / Sq Ft
01/09/2024 01/09/24 For Sale $699,000 0.0% $149 / Sq Ft
01/08/2024 01/08/24 For Sale $699,000 0.0% $149 / Sq Ft
01/08/2024 01/08/24 Price Changed $699,000 -6.8% $149 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/27/2023 11/27/23 Pending -- -- --
11/13/2023 11/13/23 Price Changed $750,000 0.0% $160 / Sq Ft
11/13/2023 11/13/23 Price Changed $750,000 -6.1% $160 / Sq Ft
10/25/2023 10/25/23 Price Changed $799,000 0.0% $170 / Sq Ft
10/25/2023 10/25/23 For Sale $799,000 0.0% $170 / Sq Ft
10/25/2023 10/25/23 For Sale $799,000 0.0% $170 / Sq Ft
10/25/2023 10/25/23 Price Changed $799,000 +10.2% $170 / Sq Ft
10/25/2023 10/25/23 Off Market $725,000 -- --
04/07/2023 04/07/23 Pending -- -- --
04/07/2023 04/07/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $850,000 0.0% $181 / Sq Ft
03/30/2023 03/30/23 Price Changed $850,000 -14.6% $181 / Sq Ft
03/22/2023 03/22/23 For Sale $995,000 0.0% $212 / Sq Ft
02/08/2023 02/08/23 For Sale $995,000 0.0% $212 / Sq Ft
02/08/2023 02/08/23 Price Changed $995,000 +10.7% $212 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $899,000 -- $191 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220156255

Oregon Datashare

APN: 25-05W-19AA-02800