$480,000

500 Depot St Unit 502 Fairview, OR 97024

Estimated payment $2,824/month

Total Views 100
4 Beds
2 Baths
1,560 Sq Ft
$308 Price per Sq Ft

Highlights

  • Territorial View
  • 2 Car Garage
  • Level Lot
  • Mini Split Air Conditioners
  • High Speed Internet
  • Wood Siding

About This Home

Welcome to this delightful turnkey and fully renovated duplex with solid income potential. A great opportunity for investors, family/friends that want to co-purchase, and house hackers out there looking to build equity. Each unit features a spacious and fully renovated 2 bedroom -1 bath including fresh paint, updated bathrooms and kitchen, stainless steel appliances, refinished (and glowing) original hardwood floors, ductless mini-splits for heating and cooling, Stiebel Eltron heating units, newer vapor barrier, washer/dryer in each unit, and attached single car garage. Centrally located- just minutes to shops, food carts, Fairview Lake, and Mcmenamins Edgefield for the concert enthusiast out there! This duplex has endless potential for solo buyers and investors alike.

Listing Agent

Jamila Minnis

Living Room Realty License #201234645 Listed on: 01/09/2026

Living Room Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,771

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

  • Mini Split Air Conditioners
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Gross Income $48,000

Listing and Financial Details

  • Assessor Parcel Number R160734

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,771

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
  • Current Price For Status: 480000.0
  • Open House: No
  • 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
  • Cooling: MiniSplit, WallUnit
  • Cooling Y N: Yes
  • Heating: WallHeater
  • Heating Yn: No
  • 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: 2025
  • Tax Annual Amount: 3770.68

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.01
  • Annual Gross Income: 47940.0

Map

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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
2025 $3,771 $208,600 -- --
2024 $3,564 $202,530 -- --
2023 $3,564 $196,640 -- --
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 List to Sale Price per Sq Ft Prior Sale
01/09/2026 01/09/26 For Sale $480,000 +12.9% $308 / Sq Ft
03/14/2022 03/14/22 Sold $425,000 +3.8% $272 / Sq Ft View Prior Sale
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 $114,111 FHA
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 329845897

Regional Multiple Listing Service (RMLS)

APN: R160734