Adorable investment duplex property on quiet North Hill cul-de-sac. Great income producing at $975 on main level and $895 on lower level. Both units have their own laundry facilities. Kitchen appliances stay with property. Seller pays water, sewer, and garbage.
Coldwell Banker Farley CompanyLicense #930900241Listed on: 04/16/2021
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,025
Year Built
Built in 1917
Parking
Assigned Parking
Home Design
Stucco Exterior
Concrete Perimeter Foundation
Interior Spaces
2-Story Property
Storage
Basement Fills Entire Space Under The House
Property Views
Additional Features
Gentle Sloping Lot
Heating System Uses Gas
Community Details
2 Units
Listing and Financial Details
Rent includes sewer, water
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,025
Year Built
Built in 1917
Lot Details
0
Listing Details
Status: Sold
Property Category: Multi Family
Sq Ft Approximate Building Total: 2704
Stories: 2
Year Built: 1917
Property Condition: Existing
Remarks Public: Adorable investment duplex property on quiet North Hill cul-de-sac. Great income producing at $975 on main level and $895 on lower level. Both units have their own laundry facilities. Kitchen appliances stay with property. Seller pays water, sewer, and garbage.
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: Lot 4, Block 11 Irvington Heights Addition.
Basement: Full Basement
Storage: Locked
Exterior Features
Exterior Description: Stucco
Lot Size: 5,000 to 6,999 SqFt
Roof Type: Composition
View: City, Seasonal
Foundation Details: Concrete Perimeter
View: Yes
Road Surface: Paved
Garage/Parking
Parking Description: Assigned
Utilities
Fuel Description: Gas
Sewer: Public Sewer
Water Description: Public
Heating Description: Forced Air
Condo/Co-op/Association
Common Amenities: Laundry
Schools
Elementary School: Washington
Middle School: Sunridge
High School: Pendleton
Lot Info
Lot Description: Gentle Sloping
Zoning: R2
Rental Info
Rent Includes: Sewer, Water
Tax Info
Tax Amount: 2776.80
Assessor Parcel Number: 103607
Tax Year: 2020
Multi Family
Unit Type: 1, 2
Number Of Units Total: 2
Gross Rent Multiplier: 11.81
MLS Schools
Elementary School: Washington
High School: Pendleton
Middle School: Sunridge
Ownership History
DateNameOwned ForOwner Type
May 2021 - PresentWtechlink Incorporated4 Years and 2 Months
Company
Purchase Details
Listed on
Apr 16, 2021
Closed on
May 21, 2021
Sold by
Chapman Rosemary J
Bought by
Wtechlink Incorporated
Seller's Agent
Marsha Morgan
Coldwell Banker Farley Company
Buyer's Agent
Marsha Morgan
Coldwell Banker Farley Company
List Price
$265,000
Sold Price
$264,000
Premium/Discount to List
-$1,000
-0.38%
Current Estimated Value
$320,813
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,813
Avg. Annual Appreciation
3.27%
Original Mortgage
$184,800
Outstanding Balance
$169,595
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$131,984
Nov 2015 - May 2021Chapman Rosemary J5 Years and 6 Months
Private Individual
Purchase Details
Listed on
Mar 23, 2015
Closed on
Nov 2, 2015
Sold by
Moreno Patricia Ponceti
Bought by
Chapman Rosemary J
Seller's Agent
Milne Purchase McLaughlin
Clark Jennings & Asso. OR, LLC
Buyer's Agent
Marsha Morgan
Coldwell Banker Farley Company
List Price
$139,000
Sold Price
$105,000
Premium/Discount to List
-$34,000
-24.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Great Investment Opportunity – NW Carden Ave Duplexes.Don’t miss this excellent investment opportunity in the heart of Pendleton! These conveniently located duplex units are located on NW Carden Avenue and offer two spacious 2-bedroom, 1-bath units—each with approximately 900+ square feet. With a strong rental history and prime location for easy access around town, this property is ideal for
Great Investment Opportunity – NW Carden Ave Duplexes.Don’t miss this excellent investment opportunity in the heart of Pendleton! These conveniently located duplex units are located on NW Carden Avenue and offer two spacious 2-bedroom, 1-bath units—each with approximately 900+ square feet. With a strong rental history and prime location for easy access around town, this property is ideal for
Great Investment Opportunity – NW Carden Ave Duplexes.Don’t miss this excellent investment opportunity in the heart of Pendleton! These conveniently located duplex units are located on NW Carden Avenue and offer two spacious 2-bedroom, 1-bath units—each with approximately 900+ square feet. With a strong rental history and prime location for easy access around town, this property is ideal for
This prime investment property features two spacious units, each with 2 bedrooms and 1 bath. Located just 6 blocks from Main Street and steps away from the scenic river walk, this property offers excellent tenant appeal. On and off-street parking ensures convenience for tenants. Don't miss out on this fully occupied gem!
Investors! 2 Story Duplex in Pendleton. Now fully rented. 2 bedroom 1 bath units with kitchen, dining area, living room & Laundry hookups in each unit. Lower unit is newly renovated and occupied with 1 year lease. Upper unit is not renovated and has long time renter month to month. Large lot with a bluff behind adds some privacy to these apartments. Off street parking. Cash or conventional, No
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 1218 NW Despain Place, Pendleton, OR 97801 and is currently priced at $264,000, approximately $97 per square foot. This property was built in 1917. 1218 NW Despain Place is a home located in Umatilla County with nearby schools including Washington Elementary School, Sunridge Middle School, and Pendleton High School.
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