$1,359,800
NEW CONSTRUCTION $2M PRICE DROP

37731 Roll Tide Ct Lebanon, OR 97355

Estimated payment $7,608/month

Total Views 2,757
6 Beds
6 Baths
6,142 Sq Ft
$221 Price per Sq Ft

Highlights

  • New Construction
  • Lake View
  • 95% Forced Air Zoned Heating and Cooling System
  • Home fronts a creek
  • Cul-De-Sac
  • 4 Car Garage

About This Home

New Construction Duplexes in a High Demand Market! Do not miss this rare chance to own two brand new duplexes in one of Lebanons most sought after neighborhoods. Located in the scenic River Trail community, nestled between Cheadle Lake Park and the Santiam River. These properties offer direct access to the North Shore Trail and Riverview Park, creating a uniquely attractive lifestyle for future residents. Each unit features an open concept layout with 3 bedrooms and 3 bathrooms, designed with quality materials to minimize maintenance and attract long term residents. With projected rents totaling $8,600 per month, these duplexes offer cash flow from day one and promising appreciation in a growing market. Lebanons expanding economy, along with its proximity to the College of Osteopathic Medicine of the Pacific and Western Oregon University, supports consistent rental demand. Plus, easy access to Hwy 20, I-5, shopping, and dining enhances everyday convenience for residents.An ideal opportunity for any investor seeking immediate income and long term upside. Contact us today to secure this exceptional asset!

Listing Agent

Mark Shadrin

Berkshire Hathaway HomeServices Real Estate Professionals License #201215479 Listed on: 11/07/2023

Berkshire Hathaway HomeServices Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $917

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.38 Acre Lot
  • Home fronts a creek
  • Cul-De-Sac
  • Level Lot

Parking

  • 4 Car Garage
  • Driveway

Property Views

  • Lake
  • Creek or Stream
  • Territorial

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,142 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Schools

  • Riverview Elementary School
  • Seven Oak Middle School
  • Lebanon High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0947313

Community Details

Overview

  • 4 Units
  • River Trail Place Subdivision

Building Details

  • Operating Expense $20,592
  • Gross Income $102,960
  • Net Operating Income $82,368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$917

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2025
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 6
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Cul_de_sac, GentleSloping, Level
  • Road Surface Type: Concrete, Paved
  • Waterfront Features: Creek
  • Roof: Composition
  • View: CreekStream,Lake,Territorial

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 10.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: DSL
  • Cooling: AirConditioningReady
  • Cooling Y N: No
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Riverview
  • High School: Lebanon
  • Middle Or Junior School: Seven Oak

Lot Info

  • Zoning: RM
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16552.0
  • Parcel #: 0947313
  • Assessor Parcel Number 2: 0947314
  • Assessor Parcel Number 3: 0947315

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 916.9

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.21
  • Annual Gross Income: 102960.0
  • Property Net Operating Income: 82368.0
  • Annual Operating Expense: 20592.0

Map

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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
05/27/2025 05/27/25 Price Changed $1,359,800 0.0% $221 / Sq Ft
05/27/2025 05/27/25 For Sale $1,359,800 -49.6% $221 / Sq Ft
05/19/2025 05/19/25 Price Changed $2,699,900 0.0% $440 / Sq Ft
05/19/2025 05/19/25 For Sale $2,699,900 -6.6% $440 / Sq Ft
10/14/2024 10/14/24 For Sale $2,891,000 0.0% $471 / Sq Ft
10/14/2024 10/14/24 Off Market $2,891,000 -- --
07/26/2024 07/26/24 Off Market $2,891,000 -- --
02/15/2024 02/15/24 Price Changed $2,891,000 -18.0% $471 / Sq Ft
02/09/2024 02/09/24 Price Changed $3,526,000 +3.4% $574 / Sq Ft
11/10/2023 11/10/23 For Sale $3,409,000 -- $555 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23451091

Regional Multiple Listing Service (RMLS)