$794,000
$73K PRICE DROP

178 S Main St Lebanon, OR 97355

Estimated payment $4,825/month

Total Views 3,822
6 Beds
6 Baths
3,075 Sq Ft
$258 Price per Sq Ft

Highlights

  • Territorial View
  • 6 Car Detached Garage
  • Laundry Facilities
  • No HOA
  • Ductless Heating Or Cooling System
  • 1-minute walk to Academy Square

About This Home

Back on the market, no fault of seller. Unique opportunity! 6plex - Fully renovated in 2019! All units have new kitchens and new bathrooms. Ductless heating and cooling added. All units have refinished hardwood floors and stainless steel appliances. New windows, new doors, new roofs. Property received new PEX water lines from the street. New laundry room added. All siding replaced with hardy board. Electric panels updated and more. Detached 6 garages. Great Location!! Listing agent has ownership interest in the property.

Listing Agent

ANASTASIA CARANFIL

Anastasia Realty Group LLC License #201236423 Listed on: 04/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,735

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Parking

  • 6 Car Detached Garage

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,075 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Security Lights

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Schools

  • Seven Oak Middle School
  • Lebanon High School

Utilities

  • Ductless Heating Or Cooling System
  • Mini Split Heat Pump
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0174116

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $16,700
  • Gross Income $86,101
  • Net Operating Income $69,401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,735

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1940
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Garage
  • Total Bedrooms: 6
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Detached, Garage
  • Attached Garage: No
  • Garage Spaces: 6.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Internet Service Type: Cable
  • Security: SecurityLights
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: Ductless, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping, Laundry
  • Association: No

Schools

  • High School: Lebanon
  • Middle Or Junior School: Seven Oak

Lot Info

  • Zoning: HCM
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 0174116

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5735.19

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 9.22
  • Annual Gross Income: 86101.0
  • Property Net Operating Income: 69401.0
  • Annual Operating Expense: 16700.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $794,000 -0.6% $258 / Sq Ft
05/20/2025 05/20/25 For Sale $799,000 -7.8% $260 / Sq Ft
05/03/2025 05/03/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $867,000 -- $282 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 608805225

Regional Multiple Listing Service (RMLS)

Oregon Linn County Lebanon 97355

178 S Main St, Lebanon, OR

This home is located at 178 S Main St, Lebanon, OR 97355 and is currently priced at $794,000, approximately $258 per square foot. This property was built in 1940. 178 S Main St is a home located in Linn County with nearby schools including Green Acres School, Seven Oak Middle School, and Lebanon High School.

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Nearby Homes
Listing Agent
ANASTASIA CARANFIL
Section Image
Anastasia Realty Group LLC
(458) 310-3395