Estimated payment $3,321/month
Turnkey Investment with High-Quality Tenant and strong Cash Flow. This is an ideal opportunity for investors seeking reliable, above-market income from day one. This well-maintained property lives like a duplex with two kitchens, two living areas, and a flexible layout including a lower-level suite with exterior access.The current long-term tenant runs an on-site licensed, state-funded childcare business. Government subsidies back the rent, offering consistent, guaranteed income. The tenant maintains the property well and is open to a long-term lease with built-in renewal options.Upgrades include a newer furnace, A/C, LVP flooring, an updated kitchen downstairs, newer appliances (fridge, dishwasher, washer/dryer), fresh interior/exterior paint, a covered deck, updated windows, a DEQ-certified oil tank decommission, and asbestos/lead paint clearance.Zoned residential and in a quiet neighborhood, this property offers strong immediate returns, minimal management, and a tenant who treats it like their own. It is perfect for investors seeking a high-performing, low-drama asset with long-term upside.
Listing Agent
Opt Brokerage Phone: 503-908-4908 License #200109070 Listed on: 05/17/2025
| 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 |
|---|---|---|---|---|
| 2023 | $5,524 | $224,830 | $0 | $0 |
| 2022 | $5,009 | $218,290 | $0 | $0 |
| 2021 | $4,927 | $211,940 | $0 | $0 |
| 2020 | $4,463 | $205,770 | $0 | $0 |
| 2019 | $4,321 | $199,780 | $0 | $0 |
| 2018 | $3,977 | $184,190 | $0 | $0 |
| 2017 | $3,831 | $178,830 | $0 | $0 |
| 2016 | $3,730 | $173,630 | $0 | $0 |
| 2015 | $3,624 | $168,580 | $0 | $0 |
| 2014 | $3,370 | $163,670 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2025 05/17/25 | For Sale | $525,000 | -- | $239 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $198,900 | Lawyers Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,320 | VA | |
| Closed | $361,550 | VA | |
| Closed | $203,176 | VA |
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Source: Regional Multiple Listing Service (RMLS)
MLS Number: 778131711
APN: R310591
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