$767,600
$61K PRICE DROP

248 South St Butte Falls, OR 97522

Estimated payment $4,739/month

Total Views 1,013
-- Bed
-- Bath
6,200 Sq Ft
$124 Price per Sq Ft

Highlights

  • Northwest Architecture
  • No HOA
  • Shed
  • Forest View
  • Double Pane Windows
  • Central Air

About This Home

Well-maintained 9-unit multifamily property in the heart of Butte Falls. Built in 2002, totaling ±6,200 SF across three two-story buildings on an ±18,730 SF lot. Units are 2-bedroom/1-bath, each with separate gas and power meters. The complex is composed of 3 buildings with 3 two bedroom and six one bedroom units. All units have a storage shed. Large open parking area. Professionally managed with 8 of 9 units occupied; several tenants have been in place for over a decade, reflecting strong retention. No HOA fees. Located in a quiet rural setting with access to local services, schools, and outdoor recreation, this property provides stable income and room for future rent growth.

Listing Agent

Rob Jellesed

RE/MAX Platinum License #201225921 Listed on: 09/10/2025

RE/MAX Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,368

Year Built

  • Built in 1999

Lot Details

  • 0.43 Acre Lot
  • Two or More Common Walls

Parking

  • No Garage

Property Views

  • Forest
  • Territorial
  • Neighborhood

Home Design

  • Northwest Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Aluminum Window Frames

Kitchen

  • Oven
  • Cooktop

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 9 Units

Listing and Financial Details

  • Tax Lot 192
  • Assessor Parcel Number 10705254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,368

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Architectural Style: Northwest
  • Unit Levels: Two
  • Lot Size Acres: 0.43
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1999
  • Co List Office Phone: 541-734-5500
  • MLS Status: Active
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: Butte Falls - R
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 192
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style Northwest: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Cable Connected: Yes
  • Utilities Phone Connected: Yes
  • View Forest: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Oven, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Window Features: Aluminum Frames, Double Pane Windows
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Cooktop: Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Composition
  • View: Forest, Neighborhood, Territorial
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Asphalt, No Garage
  • Attached Garage: No
  • Parking Features:Asphalt: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 18730.8
  • Parcel #: 10705254
  • ResoLotSizeUnits: Acres
  • Zoning Description: Butte Falls - R

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 8368.48
  • Tax Lot: 192
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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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
11/05/2025 11/05/25 Price Changed $767,600 -5.0% $124 / Sq Ft
10/06/2025 10/06/25 Price Changed $808,000 -2.5% $130 / Sq Ft
09/10/2025 09/10/25 For Sale $828,921 0.0% $134 / Sq Ft
09/02/2025 09/02/25 Off Market $828,921 -- --
08/21/2025 08/21/25 For Sale $828,921 -- $134 / Sq Ft
Source: Oregon Datashare

Source: Oregon Datashare

MLS Number: 220208089

Oregon Datashare