1400 Falcon Loop Independence, OR 97351
Independence AreaEstimated payment $5,355/month
Highlights
- View of Trees or Woods
- Zoned Heating
- Level Lot
- No HOA
- 4 Car Garage
- Lap Siding
About This Home
Excellent investment opportunity in Independence’s Ash Creek neighborhood. This four-unit townhome-style multifamily property features four 2-bedroom, 2-bath units, each approximately 1,004 square feet, offering investors a well-positioned asset with strong long-term rental potential. The property is conveniently located near downtown Independence, Western Oregon University, shopping, dining, and schools, helping support consistent tenant demand. With generous unit sizes, attached garages, and a desirable location within the growing Independence market, this fourplex presents an attractive opportunity for investors seeking stable income potential and long-term appreciation. Do not disturb tenants
Listing Agent
Cascade Hasson Sotheby's International Realty License #201211980 Listed on: 09/04/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,317
Year Built
- Built in 2004
Lot Details
- 10,890 Sq Ft Lot
- Level Lot
Parking
- 4 Car Garage
- Driveway
Property Views
- Woods
- Seasonal
Home Design
- Composition Roof
- Lap Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,019 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Schools
- Ash Creek Elementary School
- Talmadge Middle School
- Central High School
Utilities
- No Cooling
- Zoned Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 565313
Community Details
Overview
- No Home Owners Association
- 4 Units
- Ash Creek Subdivision
Building Details
- Operating Expense $22,618
- Gross Income $68,903
- Net Operating Income $46,311
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2026 09/04/26 | For Sale | $860,000 | -- | $214 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 317935931
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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