$390,000

Estimated payment $2,442/month

Total Views 4,357
4 Beds
2 Baths
1,860 Sq Ft
$210 Price per Sq Ft

Highlights

  • Territorial View
  • Zoned Heating
  • Washer and Dryer
  • Patio
  • Landscaped
  • High Speed Internet

About This Home

Ideal Duplex Investment Opportunity – Proven Performance, Prime Location in Albany's Opportunity Zone.This well-maintained duplex is an ideal opportunity for first-time investors or those looking to expand their portfolio. With long-term tenants in place and a consistent 0% vacancy rate for years , this property offers reliable, turn-key income from day one. Each unit features 2 bedrooms and 1 bathroom across 930 square feet of thoughtfully designed living space. The open-concept kitchen and living area bring a modern touch to this classic 1948 build, and in-unit laundry enhances tenant convenience—making these units highly desirable and easy to rent.Centrally located in Albany's Opportunity Zone, the property is close to amenities, transit, and employment hubs. The current owner has completed extensive maintenance and repairs, ensuring low upkeep and peace of mind for the next owner.Whether you're investing for the first time or adding to a well-performing portfolio, this duplex delivers with an estimated annual NOI of $15,550. Don't miss the chance to own a solid, income-producing property with strong rental history and minimal vacancy.

Listing Agent

Michael Jester

EXP REALTY, LLC License #201229193 Listed on: 07/07/2025

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1948

Lot Details

  • 10,558 Sq Ft Lot
  • Lot Dimensions are 75.13x144.53
  • Partially Fenced Property
  • Landscaped

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • Dining Area
  • Laminate Flooring
  • Territorial Views
  • Electric Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

  • Clover Ridge Elementary School
  • South Albany High School

Utilities

  • Zoned Heating
  • Shared Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Tax Lot Lots 2-3

Community Details

Overview

  • 2 Units
  • Fairlanes Subdivision

Building Details

  • Electric Expense $600
  • Maintenance Expense $500
  • Trash Expense $400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,851

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Ideal Duplex Investment Opportunity – Proven Performance, Prime Location in Albany's Opportunity Zone.This well-maintained duplex is an ideal opportunity for first-time investors or those looking to expand their portfolio. With long-term tenants in place and a consistent 0% vacancy rate for years , this property offers reliable, turn-key income from day one. Each unit features 2 bedrooms and 1 bathroom across 930 square feet of thoughtfully designed living space. The open-concept kitchen and living area bring a modern touch to this classic 1948 build, and in-unit laundry enhances tenant convenience—making these units highly desirable and easy to rent.Centrally located in Albany's Opportunity Zone, the property is close to amenities, transit, and employment hubs. The current owner has completed extensive maintenance and repairs, ensuring low upkeep and peace of mind for the next owner.Whether you're investing for the first time or adding to a well-performing portfolio, this duplex delivers with an estimated annual NOI of $15,550. Don't miss the chance to own a solid, income-producing property with strong rental history and minimal vacancy.
  • Cross Street: Century Dr NE and Earl Ave NE
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerator: Refrigerator Included
  • Flooring: Laminate
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Included
  • Price Per Sq Ft: 209.68
  • Price Per Sq Ft: 209.68

Exterior Features

  • Patio: Patio
  • Exterior Color: Tan
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Zonal
  • High Speed Comm Access: Present
  • Water: Shared Well
  • Water Heater: Electric
  • Electric: 600
  • Garbage: 400
  • Sewer: Septic

Condo/Co-op/Association

  • Maintenance: 500

Schools

  • Elementary School: Clover Ridge
  • High School: South Albany

Lot Info

  • Acres: 0.24
  • Estimated Lot Dimensions: 75.13x144.53
  • Estimated Lot Sq Ft: 10558
  • Lot: Lots 2-3
  • Lot Type: Common Area
  • Price Per Acre: 1625000
  • Zoning: UGA-UGM-20
  • Property Use Type: Investment

Tax Info

  • Tax Years: 2024-2025
  • Tax Account Number: 0070736
  • Tax Amount: 3851

Multi Family

  • Unit Types: Town Home
  • Number Of Units: 2

MLS Schools

  • HighSchool: South Albany
  • Elementary School: Clover Ridge

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

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $390,000 -- $210 / Sq Ft
Source: Willamette Valley MLS

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Source: Willamette Valley MLS

MLS Number: 831119

Willamette Valley MLS