$615,000
SOLD JUL 29, 2025
2 Beds
1 Bath
2,810 Sq Ft
1996 Built

Recently Sold

$219 Per Sq Ft

5% Below List Price

54 Days on Market

About This Home

As of July 2025

New price! Check out this Tri-plex in a central location! Located just minutes from the University of Oregon, Amazon Park, and so much more! The balconies/patios for each unit make for lovely personal outdoor spaces. Units are equipped with washer/dryer hookups, fridge, stove, and dishwasher. Each unit has their own water meter. Fully leased with long term tenants.

Last Agent to Sell the Property

Javan Gray

Emerald Property Management In License #201223245 Listed on: 04/25/2025

Co-Listed By

Kyle Gray

Emerald Property Management In License #960600285

Last Buyer's Agent

Darren Stone

Jennings Group Inc License #201006104

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,718

Year Built

  • Built in 1996

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,810 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Covered Parking
  • Assigned Parking

Schools

  • Cesar Chavez Elementary School
  • Arts & Tech Middle School
  • Churchill High School

Utilities

  • No Cooling
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number 1552148

Community Details

Overview

  • 3 Units
  • Property managed by Emerald Property Management

Building Details

  • Operating Expense $11,500
  • Gross Income $39,180
  • Net Operating Income $23,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,718

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1996
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 615000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: IndividualStorageUnits,Locked
  • Total Bedrooms: 2
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Covered
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Emerald Property Management

Schools

  • Elementary School: Cesar Chavez
  • High School: Churchill
  • Middle Or Junior School: Arts & Tech

Lot Info

  • Zoning: R-2
  • Parcel #: 1552148

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7718.39

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.95
  • Annual Gross Income: 39180.0
  • Property Net Operating Income: 23680.0
  • Annual Operating Expense: 11500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Jul 25, 2025
Sold by
Izaguirre Catherine A and Williams Catherine A
Bought by
Mattson Jeremiah
Seller's Agent
Javan Gray
Emerald Property Management In
Buyer's Agent
Darren Stone
Jennings Group Inc
List Price
$645,000
Sold Price
$615,000
Premium/Discount to List
-$30,000
-4.65%
Views
58
Current Estimated Value
$618,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,323
Avg. Annual Appreciation
1.08%
Source: Public Records
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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 $615,000 Western Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2025 07/29/25 Sold $615,000 -1.6% $219 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $625,000 -3.1% $222 / Sq Ft
04/25/2025 04/25/25 For Sale $645,000 -- $230 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $7,816 $401,135 -- --
2024 $7,718 $389,452 -- --
2023 $7,718 $378,109 -- --
2022 $7,231 $367,097 $0 $0
2021 $6,774 $356,405 $0 $0
2020 $6,605 $346,025 $0 $0
2019 $6,506 $335,947 $0 $0
2018 $5,985 $316,663 $0 $0
2017 $5,653 $316,663 $0 $0
2016 $5,256 $307,440 $0 $0
2015 $5,128 $298,485 $0 $0
2014 $4,996 $289,791 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 360729641

Regional Multiple Listing Service (RMLS)

APN: 1552148