Seller's Agent in 2023
Ryan DeJong
Genesis Realty
(503) 784-2371
1 in this area
49 Total Sales
2289 5th Ave West Linn, OR 97068
Willamette Neighborhood
--
Bed
--
Bath
5,200
Sq Ft
1967
Built
Highlights
- River View
- Baseboard Heating
- High Speed Internet
- Willamette Primary School Rated A-
- Laundry Facilities
- Level Lot
About This Home
As of March 2023Outstanding 6 plex investment opportunity located within walking distance of the popular Willamette area of West Linn. All long term tenants paying well below market rate. Month to month leases in 5 units, 1 unit recently became vacant leaving room for a new lease or owner occupancy. Room to expand or redevelop with the half acre river view property. Sold as-is, seller to make no repairs. Do not disturb tenants and offers subject to interior inspection.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,036
Year Built
- Built in 1967
Lot Details
- Level Lot
Parking
- 10 Car Garage
- Open Parking
Property Views
- River
- Territorial
Home Design
- Slab Foundation
- Rubber Roof
- Cedar
Interior Spaces
- 5,200 Sq Ft Home
- 3-Story Property
- Finished Basement
- Apartment Living Space in Basement
- Security Lights
Schools
- Willamette Elementary School
- Athey Creek Middle School
- West Linn High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Rent includes sewer, trashcollection, water
- Assessor Parcel Number 00748427
Community Details
Building Details
- Operating Expense $22,388
- Gross Income $63,420
- Net Operating Income $41,032
Additional Features
- 6 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2023 03/24/23 | Sold | $1,247,000 | -4.1% | $240 / Sq Ft |
| 02/24/2023 02/24/23 | Pending | -- | -- | -- |
| 02/16/2023 02/16/23 | For Sale | $1,300,000 | -- | $250 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Ryan DeJong
-
Jeff Edmondson
Buyer's Agent in 2023
Jeff Edmondson
24/7 Properties
(916) 295-8714
4 in this area
139 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23129792
APN: 31E02AB06400
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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