$1,148,000
SOLD NOV 7, 2025
7 Beds
7 Baths
3,495 Sq Ft
8,712 Sq Ft

Recently Sold

$328 Per Sq Ft

4% Below List Price

391 Days on Market

Highlights

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

About This Home

As of November 2025

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.

Last Agent to Sell the Property

Jessica Proden

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

MORE Realty, Inc.

Last Buyer's Agent

Dan Gandee

Real Broker License #201235300

Real Broker

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

  • Rent includes cable TV, electricity, gas, heat, sewer, water
  • 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

8,712 Sq Ft Lot

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2023
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 1148000.0
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Nov 5, 2025
Sold by
Proden Properties Llc
Bought by
Reiman Nathan and Hennessy Mark
Seller's Agent
Jessica Proden
MORE Realty, Inc.
Buyer's Agent
Dan Gandee
Real Broker
List Price
$1,195,000
Sold Price
$1,148,000
Premium/Discount to List
-$47,000
-3.93%
Views
54
Current Estimated Value
$1,148,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201
Avg. Annual Appreciation
0.06%
Original Mortgage
$273,000
Outstanding Balance
$273,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$875,201

Purchase Details

Closed on
Feb 28, 2024
Sold by
Proden Rick
Bought by
Proden Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,148,000 Western Title
Bargain Sale Deed -- Western Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $273,000 New Conventional
Previous Owner $514,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Sold $1,148,000 -3.9% $328 / Sq Ft
10/13/2025 10/13/25 Pending -- -- --
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 +4.1% $342 / Sq Ft
10/29/2024 10/29/24 Off Market $1,148,000 -- --
09/17/2024 09/17/24 For Sale $1,250,000 -- $358 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $9,793 $502,642 -- --
2024 $9,672 $488,002 -- --
2023 $9,672 $58,944 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24500473

Regional Multiple Listing Service (RMLS)

APN: 1914688

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