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Seller's Agent in 2026
Rachel Richardson
River Cities Realty Inc
(541) 404-3160
25 Total Sales
Fully occupied 5-plex in downtown North Bend. Each unit is 2 bedroom, 1.5 bath complete with W/D hookups. Gross income $64,748/year, expenses $22,889/year, including property management fees of $5180. 5.61% cap rate at $745K. If Self-Managed, annual expenses are $17,709 and the cap rate is 6.31% Excellent walkability to schools, shopping, and parks. Turn-key investment with good maintenance records, and a strong rental history in a high-demand area, with a consistent cash flow, and long-term potential. Excellent long term tenants are all willing to stay. Schedule your private showing now.
Last Agent to Sell the Property
River Cities Realty Inc License #200504528 Listed on: 06/02/2025
Last Buyer's Agent
River Cities Realty Inc License #200504528 Listed on: 06/02/2025
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2026 01/30/26 | Sold | $620,000 | -16.8% | $125 / Sq Ft |
| 11/25/2025 11/25/25 | Pending | -- | -- | -- |
| 06/02/2025 06/02/25 | For Sale | $745,000 | -- | $150 / Sq Ft |
| 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 | $4,486 | $303,090 | -- | -- |
| 2024 | $4,528 | $294,270 | -- | -- |
| 2023 | $4,395 | $285,700 | $0 | $0 |
| 2022 | $4,348 | $277,380 | $0 | $0 |
| 2021 | $4,454 | $269,310 | $0 | $0 |
| 2020 | $4,172 | $269,310 | $0 | $0 |
| 2019 | $3,990 | $253,860 | $0 | $0 |
| 2018 | $3,165 | $201,860 | $0 | $0 |
| 2017 | $3,164 | $201,860 | $0 | $0 |
| 2016 | $2,819 | $180,230 | $0 | $0 |
| 2015 | $2,703 | $206,200 | $0 | $0 |
| 2014 | $2,703 | $198,270 | $0 | $0 |
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Seller's Agent in 2026
Rachel Richardson
River Cities Realty Inc
(541) 404-3160
25 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 301905137
Ask me questions while you tour the home.