$280,000
SOLD SEP 4, 2024

451 E 3rd Ave Riddle, OR 97469

-- Bed
-- Bath
1,152 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

6% Above List Price

59 Days on Market

Highlights

  • Mountain View
  • Washer and Dryer
  • Level Lot
  • Storage
  • High Speed Internet
  • No Heating

About This Home

As of September 2024

Prime investment opportunity! This cute duplex is located in a quiet neighborhood near schools, community center and post office. Each unit features 2 bedroom, 1 bath, a carport and washer/dryer hookups. This well-maintained property has an impressive rental history. List of all repairs and work on file. Call for you private showing today!

Last Agent to Sell the Property

Jason Mann

J Mann Realty License #201209169

Last Buyer's Agent

Rachel Estrada

Oregon Life Homes License #201240344

Oregon Life Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1955

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Property Views

  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer

Parking

  • Carport
  • Off-Street Parking

Schools

  • Riddle Middle School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, trashcollection
  • Assessor Parcel Number R25326

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $900
  • Gross Income $19,800
  • Net Operating Income $18,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,214

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1955
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Attached
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Mountain,Territorial

Garage/Parking

  • Parking Description: Carport, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Middle Or Junior School: Riddle

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.0
  • Parcel #: R25326

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1213.54

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.38
  • Annual Gross Income: 19800.0
  • Property Net Operating Income: 18900.0
  • Annual Operating Expense: 900.0

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
09/04/2024 09/04/24 Sold $280,000 0.0% $243 / Sq Ft
09/04/2024 09/04/24 Sold $280,000 -6.6% $243 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/23/2024 07/23/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $299,899 +13.2% $260 / Sq Ft
05/24/2024 05/24/24 For Sale $265,000 +278.6% $230 / Sq Ft
10/10/2014 10/10/14 Sold $70,000 -22.1% $61 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $89,900 -- $78 / 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
2024 $1,250 $84,383 -- --
2023 $1,214 $81,926 $0 $0
2022 $1,127 $79,540 $0 $0
2021 $1,127 $79,540 $0 $0
2020 $1,115 $78,249 $0 $0
2019 $1,125 $75,970 $0 $0
2018 $1,093 $73,758 $0 $0
2017 $1,035 $71,610 $0 $0
2016 $985 $69,525 $0 $0
2015 $956 $67,500 $0 $0
2014 $952 $67,089 $0 $0
2013 -- $65,135 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $280,000 Western Title
Warranty Deed $70,000 First American Title
Warranty Deed $79,900 Ticor Title
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24397428

Regional Multiple Listing Service (RMLS)

APN: R25326

Oregon Douglas County Riddle 97469

451 E 3rd Ave, Riddle, OR

Homes for Sale in Riddle, OR

This home is located at 451 E 3rd Ave, Riddle, OR 97469 and is currently priced at $280,000, approximately $243 per square foot. This property was built in 1955. 451 E 3rd Ave is a home located in Douglas County with nearby schools including Riddle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.