$415,000
SOLD SEP 17, 2025

48074 E 1st St Oakridge, OR 97463

6 Beds
4 Baths
2,970 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

8% Below List Price

297 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 1-Story Property
  • Security Gate
  • High Speed Internet

About This Home

As of September 2025

Great investment opportunity in Oakridge. This is a triplex, 48074 and 48076 1st street. One unit is currently a successful airbnb. Main house (48076) is a 4 bedroom 1 1/2 bath, approximately 2070 sq ft. The large yard is enclosed with a secure fence for privacy. The other 2 units have 1 bedroom and 1 bath each. All are nicely updated and ready for a new investor or owner occupied with income potential. Get in while the gettin's still good in up and coming Oakridge.

Last Agent to Sell the Property

Kelly Cooley

Windermere RE Lane County Brokerage Phone: 541-912-2679 License #990200021 Listed on: 10/21/2024

Windermere RE Lane County

Last Buyer's Agent

Kelly Cooley

Windermere RE Lane County Brokerage Phone: 541-912-2679 License #990200021 Listed on: 10/21/2024

Windermere RE Lane County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,534

Year Built

  • Built in 1948

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,970 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Security Gate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Oakridge Elementary And Middle School
  • Oakridge High School

Utilities

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

Listing and Financial Details

  • Rent includes electricity
  • Assessor Parcel Number 0953628

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $3,460
  • Gross Income $42,000
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,534

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1948
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 6
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,DSL
  • Security: SecurityGate
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R1
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 0953628

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3533.64

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 10.05
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 39000.0
  • Annual Operating Expense: 3460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Sep 16, 2025
Sold by
Moore John Brandon
Bought by
Prouty Nicholas R and Prouty John E
Seller's Agent
Kelly Cooley
Windermere RE Lane County
Buyer's Agent
Kelly Cooley
Windermere RE Lane County
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.66%
Original Mortgage
$394,250
Outstanding Balance
$394,250
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$18,623

Purchase Details

Listed on
Jul 10, 2018
Closed on
Feb 6, 2019
Sold by
Nesbit Jared L and The Estate Of Mary Jane Pinkof
Bought by
Moore John Brandon
Seller's Agent
Maria Chebrova
Smith Realty Group
Buyer's Agent
Kelly Cooley
Windermere RE Lane County
List Price
$325,000
Sold Price
$270,000
Premium/Discount to List
-$55,000
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$175,500
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Personal Reps Deed $270,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $51,430 Credit Line Revolving
Open $175,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 Sold $415,000 -1.7% $140 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $422,000 -3.0% $142 / Sq Ft
03/19/2025 03/19/25 Price Changed $435,000 -1.1% $146 / Sq Ft
12/17/2024 12/17/24 Price Changed $439,900 -2.2% $148 / Sq Ft
10/21/2024 10/21/24 For Sale $450,000 +66.7% $152 / Sq Ft
02/22/2019 02/22/19 Sold $270,000 -16.9% $91 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $325,000 -- $109 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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 $3,534 $214,126 -- --
2023 $3,534 $207,890 $0 $0
2022 $3,289 $201,835 $0 $0
2021 $3,193 $195,957 $0 $0
2020 $3,083 $190,250 $0 $0
2019 $2,971 $184,709 $0 $0
2018 $2,863 $174,107 $0 $0
2017 $2,742 $174,107 $0 $0
2016 $2,704 $169,036 $0 $0
2015 $2,636 $164,113 $0 $0
2014 $2,629 $159,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24130362

Regional Multiple Listing Service (RMLS)

APN: 0953628