$625,000
PENDING $25K PRICE DROP

350 Alder St Central Point, OR 97502

Estimated payment $3,754/month

Total Views 1,324
-- Bed
-- Bath
3,840 Sq Ft
$163 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Double Pane Windows
  • Territorial View
  • No HOA
  • 2-minute walk to Central Point Parks & Rec Department

About This Home

Great looking 4-Plex that dials in all the right numbers! Fully tenant occupied, clean, non-smoking and well maintained with a strong rental and operational history, this investment will not disappoint. All units are 960 sq ft, with two bedroom, one bath, carpet and vinyl flooring, electric heating and wall AC for cooling. All appliances are electric. Other bonuses include newer thermal windows throughout and an onsite laundry and storage area. Tenants appreciate the short distance to area shops and restaurants, banking, and nearby medical and travel services.

Listing Agent

Gary Stamps

Windermere Van Vleet & Assoc2 License #200002188 Listed on: 08/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 1971

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer

Property Views

  • Territorial
  • Neighborhood

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • Bathtub with Shower
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Parking Lot

Outdoor Features

  • Outdoor Storage
  • Storage Shed

Schools

  • Central Point Elementary School
  • Scenic Middle School
  • Crater High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Exclusions: Tenant Personal Property
  • Tax Lot 3202
  • Assessor Parcel Number 10145749

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,260

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Directions: Old Hwy 99 (south Front) to Alder Street, to property.
  • Unit Levels: Two
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1971
  • Co List Office Phone: 541-779-6520
  • MLS Status: Pending
  • General Property Information Elementary School: Central Point Elem
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information High School: Crater High
  • General Property Information:Zoning2: R-3
  • 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 Phone Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 3202
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Foundation Details PillarPostPier: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Other Structures:Storage: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes
  • Interior Features ShowerTub Combo: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Concrete
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Corner Lot, Sprinkler Timer(s), Sprinklers In Front
  • Other Structures: Storage
  • Roof: Composition
  • View: Neighborhood, Territorial
  • Exclusions: Tenant Personal Property
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Concrete3: Yes

Garage/Parking

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Radiant
  • 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
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Central Point Elem
  • High School: Crater High
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 10145749
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4260.26
  • Tax Lot: 3202
  • Tax Map Number: 372W11BB03202
  • Tax Year: 2024

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
2025 $4,260 $256,240 $58,410 $197,830
2024 $4,260 $248,780 $56,710 $192,070
2023 $4,123 $241,540 $55,060 $186,480
2022 $4,027 $241,540 $55,060 $186,480
2021 $3,912 $234,510 $53,450 $181,060
2020 $3,798 $227,680 $51,890 $175,790
2019 $3,704 $214,620 $48,900 $165,720
2018 $3,591 $208,370 $47,470 $160,900
2017 $3,501 $208,370 $47,470 $160,900
2016 $3,399 $196,420 $44,750 $151,670
2015 $3,256 $196,420 $44,750 $151,670
2014 $3,174 $185,150 $42,180 $142,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Pending -- -- --
08/13/2025 08/13/25 Price Changed $625,000 -3.8% $163 / Sq Ft
08/05/2025 08/05/25 For Sale $650,000 -- $169 / Sq Ft
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Available
Bargain Sale Deed -- Amerititle
Bargain Sale Deed -- Amerititle
Warranty Deed $175,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 No Value Available
Previous Owner $122,500 No Value Available
Source: Public Records

Source: Oregon Datashare

MLS Number: 220207130

Oregon Datashare

APN: 10145749