Estimated payment $4,436/month
Highlights
- View of Trees or Woods
- No HOA
- Landscaped with Trees
- Corner Lot
- Window Unit Cooling System
- Property is near a bus stop
About This Home
Perfect for owner occupants or long term investors! Four beautifully remodeled 2 bed apartments with longevity and durability in mind. New stainless steel appliances, cabinets, double-pane windows, LVP flooring, and blinds. Nearly everything has been thoughtfully revamped commanding excellent rental rates and low vacancy. 3 of 4 units rented; one unit has been left vacant for showings - will rent very fast! Huge nearly 1⁄4-acre lot with back yard, patios/decks, mature trees, plentiful parking, and carport. Conveniently on two main bus lines - great public transit access. Close to groceries, restaurants, and parks. Live for free with as little as 3.5% down using the “house hacking” method, live in one unit while the other 3 units pay your mortgage! Learn more at our open houses: (Fri 4–7, Sun 1–4, Mon 4–7)
Open House Schedule
-
Friday, October 10, 20254:00 to 7:00 pm10/10/2025 4:00:00 PM +00:0010/10/2025 7:00:00 PM +00:00Add to Calendar
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Sunday, October 12, 20251:00 to 4:00 pm10/12/2025 1:00:00 PM +00:0010/12/2025 4:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,342
Year Built
- Built in 1979 | Remodeled
Lot Details
- 10,454 Sq Ft Lot
- Corner Lot
- Landscaped with Trees
Parking
- 4 Car Garage
- Carport
- Off-Site Parking
Home Design
- Shingle Roof
- Plywood Siding Panel T1-11
Interior Spaces
- 3,222 Sq Ft Home
- 2-Story Property
- Views of Woods
- Crawl Space
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Location
- Property is near a bus stop
Schools
- Riverbend Elementary School
- Agnes Stewart Middle School
- Thurston High School
Utilities
- Window Unit Cooling System
- Heating unit installed on the ceiling
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 1254422
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $5,561
- Gross Income $64,788
- Net Operating Income $59,227
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,342 | $287,493 | -- | -- |
| 2023 | $5,342 | $279,120 | $0 | $0 |
| 2022 | $4,948 | $270,991 | $0 | $0 |
| 2021 | $4,859 | $263,099 | $0 | $0 |
| 2020 | $4,717 | $255,436 | $0 | $0 |
| 2019 | $4,575 | $247,997 | $0 | $0 |
| 2018 | $4,313 | $233,761 | $0 | $0 |
| 2017 | $4,147 | $233,761 | $0 | $0 |
| 2016 | $4,028 | $226,952 | $0 | $0 |
| 2015 | $3,934 | $220,342 | $0 | $0 |
| 2014 | $3,885 | $213,924 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/08/2025 10/08/25 | For Sale | $749,900 | +57.9% | $233 / Sq Ft | |
| 02/19/2025 02/19/25 | Sold | $475,000 | -5.0% | $147 / Sq Ft | View Prior Sale |
| 01/09/2025 01/09/25 | Pending | -- | -- | -- | |
| 12/31/2024 12/31/24 | For Sale | $499,900 | -- | $155 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | Fidelity National Title | |
| Bargain Sale Deed | -- | Fidelity Natl Title Co Of Or | |
| Warranty Deed | $240,000 | First American Title | |
| Warranty Deed | -- | Cascade Title Co | |
| Warranty Deed | $267,000 | Evergreen Land Title Company | |
| Warranty Deed | $266,000 | Cascade Title Co | |
| Interfamily Deed Transfer | -- | Cascade Title Co | |
| Warranty Deed | $179,900 | Cascade Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Construction | |
| Previous Owner | $157,500 | New Conventional | |
| Previous Owner | $212,800 | Fannie Mae Freddie Mac | |
| Previous Owner | $35,700 | No Value Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 140811798
APN: 1254422
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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