$425,000

521 Walnut St Independence, OR 97351

Estimated payment $2,451/month

4 Beds
2 Baths
1,440 Sq Ft
$295 Price per Sq Ft

Highlights

  • No Heating
  • 1-Story Property
  • 5-minute walk to Independence Dog Park

About This Home

Super clean single-story duplex built in 1960 sitting on a .15 acre lot. Recent upgrades include siding, roofs, windows, doors, paint, flooring, kitchens, bath and more. 1,440 SF of improved space providing 720 SF / unit. Each unit has 2 bed / 1 bath, washer/dryer hookups and a private driveway/carport. Units rent for $1,425 and $1595.

Listing Agent

Eric Swanson

SMI Commercial Real Estate LLC License #201221479 Listed on: 11/14/2025

SMI Commercial Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Independence Elementary School
  • Talmadge Middle School
  • Central High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 200853

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,532

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1960
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No

Garage/Parking

  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Independence
  • High School: Central
  • Middle Or Junior School: Talmadge

Lot Info

  • Zoning: RM
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 200853

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 2532.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Map

Range of Values:

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Average Value
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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
2025 $2,532 $143,990 $23,800 $120,190
2024 $2,532 $139,800 $23,110 $116,690
2023 $2,597 $135,730 $22,440 $113,290
2022 $2,384 $131,780 $21,780 $110,000
2021 $2,358 $127,950 $21,150 $106,800
2020 $2,296 $124,230 $20,530 $103,700
2019 $2,237 $120,620 $19,940 $100,680
2018 $2,166 $117,110 $19,360 $97,750
2017 $2,154 $113,700 $18,790 $94,910
2016 $2,189 $110,390 $18,250 $92,140
2015 -- $107,180 $17,720 $89,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 For Sale $425,000 -- $295 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 New Conventional
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 112285389

Regional Multiple Listing Service (RMLS)

APN: 200853