INVESTORS: Are you looking for a nearly 6% cap rate on your next rental property? This opportunity to purchase could be it! 2 units, ownership pays for water/sewer and garbage service, all other utilities paid by renters. Qualified for, and currently rented via Section 8 (both units). Newer appliances. Solid rental history. With updates this place could produce higher rent rates. Main unit is 3/1, upper unit is 1/1. Gravel parking area accessed via alley, storage shed has separate space for each unit.
Exclusions: Tenant personal prop, W/D in #1 (Downstairs)
Legal Lot and Block 2 / 17
Community Details
Overview
2 Units
Building Details
Trash Expense $35
Water Sewer Expense $115
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$1,807
Year Built
Built in 1910
Lot Details
0
Listing Details
Class: Multi Family
Type: Duplex
Dual Living: Possible
Range Facility: Electric, Range Included
Syndicated Remarks: INVESTORS: Are you looking for a nearly 6% cap rate on your next rental property? This opportunity to purchase could be it! 2 units, ownership pays for water/sewer and garbage service, all other utilities paid by renters. Qualified for, and currently rented via Section 8 (both units). Newer appliances. Solid rental history. With updates this place could produce higher rent rates. Main unit is 3/1, upper unit is 1/1. Gravel parking area accessed via alley, storage shed has separate space for each unit.
Cross Street: SE Uglow
Year Built: 1910
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Dishwasher: Yes
Exclusions: Tenant personal prop, W/D in #1 (Downstairs)
Turnkey Duplex in Dallas w/ 6.45% Cap RateSolid investment opportunity in growing Dallas, Oregon! This side-by-side duplex features two well-maintained, mirror-image units. Each with 2 beds, 1 bath, 880 sq ft, a private garage, and large fully fenced backyard.Both units are occupied w/ stable rental history. Interiors are mostly original but clean and well cared for, offering immediate cash flow
Collateral Analytics
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ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
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First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
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Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 565 SE Ash St, Dallas, OR 97338 since 10 February 2023 and is currently estimated at $371,182, approximately $214 per square foot. This property was built in 1910. 565 SE Ash St is a home located in Polk County with nearby schools including Whitworth Elementary School, Oakdale Heights Elementary School, and LaCreole Middle School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson
