NOT LISTED FOR SALE

203 N Pacific Hwy Woodburn, OR 97071

13 Beds
10 Baths
5,357 Sq Ft
1929 Built

Last Sold April 13, 2022

Last sale price $990,000 $185 Per Sq Ft

Highlights

  • Views
  • Level Lot
  • 1-Story Property

About This Home

As of April 2022

Great cash flowing 11 unit apartment complex in fast growing Woodburn. Nice mix of 1 and 2 bedroom units, separate laundry building and ample parking. On site manager, 100% occupied with a 8.3 cap currently with up-side. Great zoning for additional units or buildout.

Last Agent to Sell the Property

Al Cronemiller

MORE Realty Inc License #201219154 Listed on: 01/20/2022

MORE Realty Inc

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Parking

  • Open Parking

Home Design

  • Fixer Upper
  • Stem Wall Foundation
  • Vinyl Siding

Additional Features

  • 1-Story Property
  • Level Lot
  • Property Views

Community Details

  • 10 Units

Listing and Financial Details

  • Rent includes electricity, heat, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5357
  • Stories: 1
  • Year Built: 1929
  • Property Condition: Fixer
  • Remarks Public: Great cash flowing 11 unit apartment complex in fast growing Woodburn. Nice mix of 1 and 2 bedroom units, separate laundry building and ample parking. On site manager, 100% occupied with a 8.3 cap currently with up-side. Great zoning for additional units or buildout.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ACRES 0.497, MS X# X00151477, HOME ID 218445
  • Basement: None

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 20K-.99AC
  • View: Territorial
  • Foundation Details: Stem Wall
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard
  • Security: Sidewalk

Condo/Co-op/Association

  • Common Amenities: Commons

Schools

  • Middle School: Valor

Lot Info

  • Lot Description: Level
  • Zoning: MUV

Rental Info

  • Rent Includes: Electricity, Heat, Sewer, Water

Tax Info

  • Tax Amount: 5282.35
  • Assessor Parcel Number: R13324
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 7.74

MLS Schools

  • Middle School: Valor

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold $990,000 0.0% $185 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $990,000 0.0% $185 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $990,000 0.0% $185 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $990,000 0.0% $185 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $990,000 -- $185 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Al Cronemiller

    MORE Realty Inc

    (503) 949-5025

    3 in this area

    29 Total Sales

    Al Cronemiller
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22355421

Regional Multiple Listing Service (RMLS)

APN: 051W17BC07400

Oregon Marion County Woodburn 97071

203 N Pacific Hwy, Woodburn, OR

This home is located at 203 N Pacific Hwy, Woodburn, OR 97071 since 20 January 2022. This property was built in 1929. 203 N Pacific Hwy is a home located in Marion County with nearby schools including Heritage Elementary School, Valor Middle School, and Woodburn Arthur Academy.

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