A
Seller's Agent in 2024
Alec Armour
Windermere RE Lane County
(541) 905-9266
2 in this area
4 Total Sales
16
Beds
8
Baths
3,392
Sq Ft
1994
Built
Highlights
- Cul-De-Sac
- Secured Garage or Parking
- Level Lot
- Window Unit Cooling System
- Property is near a bus stop
- Wood Siding
About This Home
As of February 2024Well maintained 4-plex with private-off street parking and common area for vegetables and flowers. Long term tenants with low vacancy and potential for value add. Owner managed/maintained leading to a strong Cap rate, great opportunity for buyer to do the same. Very close to bus line, shopping and entertainment which was a strong factor as a successful short term rental. All units updated approximately 5 years ago with new appliances & floor coverings. New roof installed in 2011 with 40 year roof. Owners are licensed real estate agents in the state of Oregon.
Last Agent to Sell the Property
Windermere RE Lane County Brokerage Phone: 541-905-9266 License #960800228 Listed on: 01/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,192
Year Built
- Built in 1994 | Remodeled
Lot Details
- Cul-De-Sac
- Level Lot
Home Design
- Composition Roof
- Wood Siding
- Plywood Siding Panel T1-11
- Concrete Perimeter Foundation
Interior Spaces
- 3,392 Sq Ft Home
- 2-Story Property
- Crawl Space
- Security Lights
Parking
- 16 Parking Spaces
- Secured Garage or Parking
- Assigned Parking
Location
- Property is near a bus stop
Schools
- Springfield Middle School
Utilities
- Window Unit Cooling System
- Wall Furnace
Listing and Financial Details
- Rent includes trashcollection
- Assessor Parcel Number 1458734
Community Details
Building Details
- Operating Expense $8,300
- Gross Income $60,780
- Net Operating Income $52,479
Additional Features
- 4 Units
- Common Area
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2024 02/13/24 | Sold | $745,000 | -0.7% | $220 / Sq Ft |
| 01/08/2024 01/08/24 | Pending | -- | -- | -- |
| 01/04/2024 01/04/24 | For Sale | $750,000 | -37.5% | $221 / Sq Ft |
| 12/15/2021 12/15/21 | Sold | $1,200,000 | 0.0% | $354 / Sq Ft |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- |
| 10/28/2021 10/28/21 | For Sale | $1,200,000 | -- | $354 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Alec Armour
-
Brita Arcuri
Buyer's Agent in 2024
Brita Arcuri
DC Real Estate Inc
(541) 517-6645
3 in this area
76 Total Sales
-
Jeanette Underwood
J
Seller's Agent in 2021
Jeanette Underwood
Windermere RE Lane County
(541) 465-8196
5 in this area
47 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23333973
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