NOT LISTED FOR SALE

367 W Main St Sheridan, OR 97378

-- Bed
-- Bath
1,920 Sq Ft
2020 Built

Last Sold November 03, 2023

Last sale price $459,000 $239 Per Sq Ft

11 Days on Market

Highlights

  • 2 Car Attached Garage
  • Cooling Available
  • Heat Pump System

About This Home

As of November 2023

2020 Duplex with 3 bedrooms, 1 1/2 bathrooms and a single car garage on each side. Good income and CAP rate. $1500/month per unit. Both tenants on month-to-month. Fiber cement siding. Lifeproof vinyl plank flooring throughout. Mini-split heat and A/C. Backyards are fenced. Tenants cover all their own utilities. Seller will pay for 1 yr of front yard maintenance and 1 yr of flood insurance with acceptable offer.

Last Listed By

Gary Eckdahl

Bella Casa Real Estate Group License #200805049 Listed on: 09/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 2020

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property

Schools

  • Faulconer-Chap Elementary And Middle School
  • Sheridan High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 221566

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,000
  • Gross Income $36,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,905

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2020
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Faulconer-Chap
  • High School: Sheridan
  • Middle Or Junior School: Faulconer-Chap

Lot Info

  • Zoning: R3
  • Parcel #: 221566

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 2904.7

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.86
  • Annual Gross Income: 36000.0
  • Property Net Operating Income: 30000.0
  • Annual Operating Expense: 6000.0

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
11/03/2023 11/03/23 Sold $459,000 0.0% $239 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $459,000 -- $239 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23400461

Regional Multiple Listing Service (RMLS)