$439,000
SOLD JUL 11, 2025

1475 SW Hill St Dallas, OR 97338

4 Beds
2 Baths
1,660 Sq Ft
0.25 Acres

Recently Sold

$264 Per Sq Ft

39 Days on Market

Highlights

  • RV Access or Parking
  • Fenced Yard
  • High Speed Internet
  • Territorial View
  • Patio
  • 3-minute walk to Birch Street Park

About This Home

As of July 2025

Turnkey Duplex in Dallas w/ 6.45% Cap RateSolid investment opportunity in growing Dallas, Oregon! This side-by-side duplex features two well-maintained, mirror-image units. Each with 2 beds, 1 bath, 880 sq ft, a private garage, and large fully fenced backyard.Both units are occupied w/ stable rental history. Interiors are mostly original but clean and well cared for, offering immediate cash flow with potential for value-add updates over time. Excellent location and a strong addition to any portfolio.

Last Agent to Sell the Property

George Michael Wright

RE/MAX INTEGRITY - SALEM License #201224359 Listed on: 05/27/2025

RE/MAX INTEGRITY - SALEM

Last Buyer's Agent

Tammy Lawrence

PREMIERE PROPERTY GROUP, LLC ALBANY License #201210030

PREMIERE PROPERTY GROUP, LLC  ALBANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1967

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard
  • Irregular Lot

Parking

  • RV Access or Parking

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

  • Oakdale Heights Elementary School
  • Lacreole Middle School
  • Dallas High School

Utilities

  • Radiant Ceiling
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Water Sewer Expense $2,040

Listing and Financial Details

  • Legal Lot and Block 4,5 / 24

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,832

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Turnkey Duplex in Dallas w/ 6.45% Cap RateSolid investment opportunity in growing Dallas, Oregon! This side-by-side duplex features two well-maintained, mirror-image units. Each with 2 beds, 1 bath, 880 sq ft, a private garage, and large fully fenced backyard.Both units are occupied w/ stable rental history. Interiors are mostly original but clean and well cared for, offering immediate cash flow with potential for value-add updates over time. Excellent location and a strong addition to any portfolio.
  • Cross Street: SW Birch St
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 264.46
  • Price Per Sq Ft: 264.46

Exterior Features

  • Patio: Patio
  • Exterior Color: Yellow
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Electric, Radiant Ceiling
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City
  • Water/Sewer: 2040

Schools

  • Elementary School: Oakdale Heights
  • Middle School: LaCreole
  • High School: Dallas

Lot Info

  • Acres: 0.25
  • Estimated Lot Sq Ft: 11000
  • Lot: 4,5
  • Lot Type: Irregular
  • Price Per Acre: 1756000
  • Zoning: RS
  • Rvcamper Pad: Area/Room For
  • Property Use Type: Any Use–all The Following, Business, Investment, Vacant/Owner-User

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 138637
  • Tax Amount: 2832

Multi Family

  • Number Of Units: 2

MLS Schools

  • HighSchool: Dallas
  • Middle School: LaCreole
  • Elementary School: Oakdale Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2025
Closed on
Jul 10, 2025
Sold by
Jeray Kevin and Jeray Samantha
Bought by
Olson Kevin Christopher
Seller's Agent
George Michael Wright
RE/MAX INTEGRITY - SALEM
Buyer's Agent
Tammy Lawrence
PREMIERE PROPERTY GROUP, LLC ALBANY
List Price
$439,000
Sold Price
$439,000
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.32%
Original Mortgage
$329,250
Outstanding Balance
$329,250
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$95,760

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 27, 2021
Sold by
Crockett David D
Bought by
Jeray Kevin and Jeray Samantha
Seller's Agent
Donna Graham
HOMESMART REALTY GROUP - DALLAS
Buyer's Agent
RICH FORD
WINDERMERE PACIFIC WEST PROP
List Price
$365,000
Sold Price
$375,000
Premium/Discount to List
$10,000
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $439,000 First American Title
Warranty Deed $375,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $329,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $439,000 0.0% $264 / Sq Ft
06/02/2025 06/02/25 For Sale $439,000 +17.1% $264 / Sq Ft
12/29/2021 12/29/21 Sold $375,000 +2.7% $226 / Sq Ft
11/30/2021 11/30/21 For Sale $365,000 -- $220 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $2,832 $206,730 $51,420 $155,310
2024 $2,832 $200,710 $49,930 $150,780
2023 $2,723 $194,870 $48,470 $146,400
2022 $2,651 $189,200 $47,060 $142,140
2021 $2,578 $183,690 $45,690 $138,000
2020 $2,505 $178,340 $44,360 $133,980
2019 $2,432 $173,150 $43,070 $130,080
2018 $2,426 $168,110 $41,820 $126,290
2017 $2,330 $163,220 $40,610 $122,610
2016 $2,335 $158,470 $39,430 $119,040
2015 -- $153,860 $38,280 $115,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 829661

Willamette Valley MLS

APN: 138637