$750,000

441 SW Walnut St Willamina, OR 97396

Estimated payment $4,501/month

Total Views 40
1 Bed
1 Bath
4,032 Sq Ft
$186 Price per Sq Ft

Highlights

  • City View
  • Landscaped with Trees
  • Laundry Facilities
  • No HOA
  • Baseboard Heating
  • 2-minute walk to Lamson Park

About This Home

This well-maintained 8-unit property offers a strong investment opportunity with all units designed for ease of living and consistent rental appeal. Each apartment is single-level and features a functional one-bedroom, one-bath layout with an open-concept kitchen, dining, and living room area that maximizes space and natural light.Several units include small private back patios, providing tenants with desirable outdoor space and added privacy. The property also features an on-site coin-operated laundry facility, offering convenience for residents and an additional income stream for ownership.With its practical design, ground-level accessibility, and desirable unit layout, this 8-plex is well-suited for stable occupancy and long-term rental demand. The combination of simplicity, functionality, and tenant amenities makes it an attractive addition to any investment portfolio.

Listing Agent

Barbara Hofenbredl

Hofenbredl Realty LLC License #200810120 Listed on: 06/30/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,674

Year Built

  • Built in 1971

Lot Details

  • 12,632 Sq Ft Lot
  • Level Lot
  • Landscaped with Trees

Property Views

  • City
  • Territorial

Home Design

  • Metal Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,032 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 8 Parking Spaces
  • On-Street Parking
  • Assigned Parking

Schools

  • Willamina Elementary And Middle School
  • Willamina High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 277196

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $27,119
  • Gross Income $52,800
  • Net Operating Income $25,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,674

Year Built

Built in 1971

Lot Details

0.29 Acres

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1971
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 750000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 1
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding,T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Metal
  • View: City,Territorial

Garage/Parking

  • Parking Description: Assigned, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry
  • Association: No

Schools

  • Elementary School: Willamina
  • High School: Willamina
  • Middle Or Junior School: Willamina

Lot Info

  • Zoning: R-1
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 277196

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5674.46
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 14.2
  • Annual Gross Income: 52800.0
  • Property Net Operating Income: 25681.0
  • Annual Operating Expense: 27119.0

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,674 $366,550 $42,220 $324,330
2025 $5,487 $355,880 $40,990 $314,890
2024 $5,487 $345,520 $39,800 $305,720
2023 $5,125 $335,460 $38,640 $296,820
2022 $4,953 $325,690 $37,510 $288,180
2021 $4,822 $316,210 $36,420 $279,790
2020 $4,668 $307,000 $35,360 $271,640
2019 $4,230 $298,060 $34,330 $263,730
2018 $4,174 $289,380 $33,330 $256,050
2017 $4,095 $280,960 $32,350 $248,610
2016 $4,148 $272,780 $31,410 $241,370
2015 -- $264,840 $30,500 $234,340
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2026 06/30/26 For Sale $750,000 -- $186 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 552452297

Regional Multiple Listing Service (RMLS)
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