$1,195,000
$55K PRICE DROP

Estimated payment $7,117/month

Total Views 4,341
7 Beds
7 Baths
3,495 Sq Ft
$342 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Level Lot
  • Ductless Heating Or Cooling System
  • High Speed Internet

About This Home

Discover your dream investment with this charming modern farmhouse mulit-family unit. Beautifully constructed by Proden Construction in 2023. This exceptional property features two spacious units, each boasting 3 generous bedrooms, 2.5 baths, an attached garage, and a convenient laundry room—perfect for anyone seeking comfort and practicality.But that's not all! The property also includes a well-appointed main level studio suite, equipped with a kitchenette and an attached bathroom. This versatile space can be rented independently or alongside the right side of the property, offering flexibility for renters or guests alike. The extra attached 15X31 garage provides ample storage space while keeping the main units separate.Currently operating as a popular Airbnb with over 70 five-star reviews, this home comes fully furnished and ready for its new occupants. It has been meticulously maintained, requiring no renovations before you can start enjoying the benefits it offers.Situated conveniently close to Autzen Stadium and various dining and shopping options, this prime location enhances the living experience while presenting an excellent opportunity for those looking to enter the rental market. With its attractive features and favorable setting, this modern farmhouse offers a wonderful chance to invest in real estate while providing a cozy retreat for visitors.Don’t miss out on this unique opportunity to make this charming property yours! Selling agent related to seller.

Listing Agent

Jessica Proden

MORE Realty, Inc. Brokerage Phone: 541-337-4877 License #201213825 Listed on: 09/17/2024

MORE Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 2023

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Stem Wall Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,495 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Schools

  • Bertha Holt Elementary School
  • Monroe Middle School
  • Sheldon High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1914688

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $3,000
  • Gross Income $100,962
  • Net Operating Income $97,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 2023

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2023
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 7
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: PillarPostPier, StemWall
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: CentralAir, WallUnit
  • Cooling Y N: Yes
  • Heating: Ductless, ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Bertha Holt
  • High School: Sheldon
  • Middle Or Junior School: Monroe

Lot Info

  • Zoning: R
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1914688

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: CableTV, Electricity, Gas, Heat, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 9000.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.84
  • Annual Gross Income: 100962.0
  • Property Net Operating Income: 97962.0
  • Annual Operating Expense: 3000.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $9,672 $488,002 -- --
2023 $9,672 $58,944 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $1,195,000 0.0% $342 / Sq Ft
07/24/2025 07/24/25 For Sale $1,195,000 -4.4% $342 / Sq Ft
10/29/2024 10/29/24 Off Market $1,250,000 -- --
09/17/2024 09/17/24 For Sale $1,250,000 -- $358 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Western Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $514,000 New Conventional
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24500473

Regional Multiple Listing Service (RMLS)

APN: 1914688