NOT LISTED FOR SALE

1861 1844 View St Myrtlepoint, OR 97458

-- Bed
-- Bath
-- Sq Ft
1972 Built

Last Sold October 10, 2023

Last sale price $585,000

123 Days on Market

Highlights

  • Mountain View
  • Baseboard Heating
  • Level Lot
  • Storage
  • High Speed Internet

About This Home

As of October 2023

Great Investment Opportunity with 6 units! Built in 1972 & 1973 with approximately 3900 sq.ft. in the 4 plex & 1512 sq.ft. in the Duplex. 1844 & 1861 View Street apartments in Myrtle Point. 4-plex & duplex with good rental history. The four-plex has 3 Bedrooms & 1 full bathroom in all 4 units with storage areas behind the building per unit. Each of the apartments have their own Laundry hookups/area off the kitchen at the back doors. Upstairs units have a small back deck. Duplex each apartment has 2 Bedrooms & 1 full bathroom with laundry hookups in the small storage buildings in the back for each unit. Property tour after accepted offer only.

Last Listed By

Belinda Mace

Johnson Group Real Estate, LLC License #201207349 Listed on: 05/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,786

Year Built

  • Built in 1972

Lot Details

  • Level Lot

Parking

  • 11 Car Garage
  • Open Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Block Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage

Schools

  • Myrtle Crest Elementary School
  • Myrtle Point Middle School
  • Myrtle Point High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 7356600

Community Details

Overview

  • 6 Units
  • Property managed by E. L. Edwards

Building Details

  • Operating Expense $13,829
  • Gross Income $59,052
  • Net Operating Income $45,223

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,786

Year Built

Built in 1972

Lot Details

0

Parking

11

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1972
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Block, ConcretePerimeter
  • View: Yes
  • Lot Features: Level, Sloped
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Mountain,Territorial

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No
  • Garage Spaces: 11.0
  • Total Parking Spaces: 11.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: E. L. Edwards

Schools

  • Elementary School: Myrtle Crest
  • High School: Myrtle Point
  • Middle Or Junior School: Myrtle Point

Lot Info

  • Zoning: R
  • Parcel #: 7356600
  • Assessor Parcel Number 2: 7356500

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 5786.03

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 10.08
  • Annual Gross Income: 59052.0
  • Property Net Operating Income: 45223.0
  • Annual Operating Expense: 13829.0

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
10/10/2023 10/10/23 Sold $585,000 -1.7% --
09/08/2023 09/08/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $595,000 +3.5% --
08/31/2023 08/31/23 For Sale $575,000 0.0% --
05/18/2023 05/18/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $575,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23228603

Regional Multiple Listing Service (RMLS)