$560,000
PENDING

3022 Marion St SE Albany, OR 97322

Oak Neighborhood

Estimated payment $3,389/month

Total Views 748
6 Beds
2 Baths
2,160 Sq Ft
$259 Price per Sq Ft

Highlights

  • Territorial View
  • Forced Air Heating System
  • 1-Story Property
  • No HOA
  • Level Lot
  • 5-minute walk to Draper Park

About This Home

Contingent offer accepted. Discover this well-maintained duplex offering two 3-bed/1-bath units, each with 1,080 sf of comfortable living space. Each unit includes essential appliances and features a spacious, fenced backyard—perfect for tenants, pets, or entertaining. Located in a convenient SE Albany neighborhood with easy access to shopping and schools. Units qualify for Section 8 housing, offering stable rental income. Whether you're an investor or looking to live in one side and rent the other side this property is a smart addition to your portfolio.

Listing Agent

Joyce Stringer

Stringer Real Estate LLC License #200409289 Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,058

Year Built

  • Built in 1978

Lot Details

  • 6,969 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

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

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Lafayette Elementary School
  • Calapooia Middle School
  • South Albany High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0124574

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Groves Addn Subdivision

Building Details

  • Operating Expense $5,476
  • Gross Income $34,000
  • Net Operating Income $28,524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,058

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1978
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 6
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lafayette
  • High School: South Albany
  • Middle Or Junior School: Calapooia

Lot Info

  • Zoning: RS
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.0
  • Parcel #: 0124574

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4058.24

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.47
  • Annual Gross Income: 34000.0
  • Property Net Operating Income: 28524.0
  • Annual Operating Expense: 5476.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $4,058 $203,900 -- --
2023 $3,943 $197,970 $0 $0
2022 $3,881 $192,210 $0 $0
2021 $3,652 $186,620 $0 $0
2020 $3,604 $181,190 $0 $0
2019 $3,520 $175,920 $0 $0
2018 $3,428 $170,800 $0 $0
2017 $3,329 $165,830 $0 $0
2016 $3,102 $161,000 $0 $0
2015 $2,913 $156,320 $0 $0
2014 $2,786 $151,770 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $560,000 -- $259 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 463731373

Regional Multiple Listing Service (RMLS)

APN: 0124574