$640,000
$85K PRICE DROP

Estimated payment $3,722/month

Total Views 9,536
2 Beds
1 Bath
1,600 Sq Ft
$400 Price per Sq Ft

About This Home

Charming 1948 duplex in the desirable Vernon neighborhood, offering two units each with 2 bedrooms and 1 bathroom, one of the bedrooms located on the main floor. Each unit features 800 sq ft of living space, with a partially finished basement providing ample storage or potential for expansion. Situated on a 5,000 sq ft lot, the property includes a built-in garage and off-street parking. Conveniently located near Alberta Arts District, with easy access to shops, restaurants, and public transportation. Ideal for investors or owner-occupants seeking rental income.

Listing Agent

Jacqueline Smith

Keller Williams Premier Partners Brokerage Email: jacqueline@evergreenrealestatepartners.com License #201229167 Listed on: 01/21/2025

Keller Williams Premier Partners

Co-Listing Agent

Jennifer Patterson

Keller Williams Premier Partners Brokerage Email: jacqueline@evergreenrealestatepartners.com License #201216587

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,139

Year Built

  • Built in 1948

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Vernon Elementary And Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R125477

Community Details

Overview

  • 2 Units
  • Vernon Subdivision

Building Details

  • Operating Expense $11,239
  • Gross Income $19,440
  • Net Operating Income $8,201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,139

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1948
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement
  • Storage: Garage
  • Total Bedrooms: 2
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodComposite
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Vernon
  • High School: Jefferson
  • Middle Or Junior School: Vernon

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R125477

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3138.92
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 32.92
  • Annual Gross Income: 19440.0
  • Property Net Operating Income: 8201.0
  • Annual Operating Expense: 11239.0

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
2024 $3,139 $117,320 -- --
2023 $3,139 $113,910 $0 $0
2022 $2,953 $110,600 $0 $0
2021 $2,903 $107,380 $0 $0
2020 $2,664 $104,260 $0 $0
2019 $2,566 $101,230 $0 $0
2018 $2,490 $98,290 $0 $0
2017 $2,387 $95,430 $0 $0
2016 $2,185 $92,660 $0 $0
2015 $2,128 $89,970 $0 $0
2014 $2,095 $87,350 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 Price Changed $640,000 -11.7% $400 / Sq Ft
01/21/2025 01/21/25 For Sale $725,000 -- $453 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $105,000 New Conventional
Closed $11,400 Unknown
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 621509879

Regional Multiple Listing Service (RMLS)

APN: R125477