$530,000

500 Depot St Unit 502 Fairview, OR 97024

Estimated payment $3,225/month

Total Views 3,702
4 Beds
2 Baths
1,560 Sq Ft
$340 Price per Sq Ft

Highlights

  • Territorial View
  • Baseboard Heating
  • High Speed Internet
  • Cooling System Mounted In Outer Wall Opening
  • 2 Car Garage
  • Level Lot

About This Home

Turnkey and move-in ready duplex in Fairview with a 3.75% assumable rate. Fantastic opportunity for owner-occupants, family/friends that want to co-purchase, and or house hackers out there looking to build equity. Both units recently renovated including: fresh paint, full remodel of bathroom and kitchen, stainless steel kitchen appliances, refinished (and glowing)original hardwood floors, ductless mini-splits for heating and cooling, Stiebel Eltron units, a new vapor barrier, washer and dryer in each unit, and attached garage. Centrally located- just minutes to shops, food carts, Fairview Lake, and Mcmenamins Edgefield for the concert enthusiast out there!

Listing Agent

Jamila Minnis

Living Room Realty License #201234645 Listed on: 07/11/2025

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,564

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 7,840 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Fairview Elementary School
  • Reynolds Middle School
  • Reynolds High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R160734

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,500
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,564

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 4
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,Other
  • Security: Unknown
  • Cooling: MiniSplit, WallUnit
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Fairview
  • High School: Reynolds
  • Middle Or Junior School: Reynolds

Lot Info

  • Zoning: RMF
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.0
  • Parcel #: R160734

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3564.28

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.04
  • Annual Gross Income: 48000.0
  • Annual Operating Expense: 4500.0

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

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
2023 $3,564 $196,640 $0 $0
2022 $3,394 $190,920 $0 $0
2021 $3,307 $185,360 $0 $0
2020 $3,088 $179,970 $0 $0
2019 $2,962 $174,730 $0 $0
2018 $2,934 $169,650 $0 $0
2017 $2,841 $164,710 $0 $0
2016 $2,720 $159,920 $0 $0
2015 $2,643 $155,270 $0 $0
2014 $2,547 $150,750 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $530,000 +24.7% $340 / Sq Ft
03/14/2022 03/14/22 Sold $425,000 +3.8% $272 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
12/12/2021 12/12/21 Price Changed $409,250 +2.3% $262 / Sq Ft
12/05/2021 12/05/21 For Sale $399,900 -- $256 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 Wfg Title
Interfamily Deed Transfer -- Lawyers Title
Warranty Deed $115,000 Ticor Title Insurance
Warranty Deed $50,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,302 FHA
Previous Owner $171,500 New Conventional
Previous Owner $45,000 Credit Line Revolving
Previous Owner $114,111 FHA
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 235756020

Regional Multiple Listing Service (RMLS)

APN: R160734