NOT LISTED FOR SALE

623 SW 4th St Pendleton, OR 97801

11 Beds
8 Baths
3,753 Sq Ft
1900 Built

Last Sold February 24, 2022

Last sale price $525,000 $140 Per Sq Ft

124 Days on Market

About This Home

As of February 2022

INVESTORS, TAKE A LOOK! Total rents for this property are currently at $4010/month, with good payment records. This is an excellent income-producing property with recent updates and solid tenants. Central air, forced air gas heat, vinyl windows, and washer/dryer hookups in each unit. Income figures include professional management fees - manage the property yourself for a higher return on investment! Interior inspection of all units available upon accepted offer. Please do not disturb tenants.

Last Agent to Sell the Property

Molly Webb Thompson

Webb Property Resources Brokerage Email: molly.s.webb@gmail.com License #201215719 Listed on: 07/02/2021

Last Buyer's Agent

Dawn Blalack

Keller Williams PDX Central License #201209982

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,337

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,753 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Paved Parking
  • Open Parking

Schools

  • Sherwood Hts Elementary School
  • Sunridge Middle School
  • Pendleton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 110121

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $11,187
  • Gross Income $41,544
  • Net Operating Income $30,358

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,337

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1900
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, PartialBasement
  • Storage: None
  • Total Bedrooms: 11
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Metal

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity,Tank
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Sherwood Hts
  • High School: Pendleton
  • Middle Or Junior School: Sunridge

Lot Info

  • Zoning: R3
  • Parcel #: 110121

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 3336.74

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.73
  • Annual Gross Income: 41544.0
  • Property Net Operating Income: 30358.0
  • Annual Operating Expense: 11187.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2022 02/24/22 Sold $525,000 -0.8% $140 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $529,000 -0.9% $141 / Sq Ft
09/08/2021 09/08/21 Price Changed $534,000 -0.9% $142 / Sq Ft
07/02/2021 07/02/21 For Sale $539,000 +54.4% $144 / Sq Ft
01/31/2020 01/31/20 Sold $349,000 -2.9% $93 / Sq Ft View Prior Sale
11/01/2019 11/01/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $359,500 +9.8% $96 / Sq Ft
06/03/2019 06/03/19 For Sale $327,450 +59.7% $87 / Sq Ft
06/08/2016 06/08/16 Sold $205,000 0.0% $55 / Sq Ft View Prior Sale
04/21/2016 04/21/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $205,000 -- $55 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Molly Webb Thompson

    Seller's Agent in 2022

    Molly Webb Thompson

    Webb Property Resources

    (541) 969-4188

    74 in this area

    96 Total Sales

    Molly Webb Thompson
    Section Image
  • Dawn Blalack

    Buyer's Agent in 2022

    Dawn Blalack

    Keller Williams PDX Central

    (541) 310-9563

    77 in this area

    139 Total Sales

    Dawn Blalack
    Section Image

  • T

    Seller's Agent in 2020

    Tom Abalan

    Kelly Right Real Estate of Portland, LLC

    Section Image
  • Heidi Carver

    Buyer's Agent in 2020

    Heidi Carver

    Stellar Realty Northwest

    (541) 701-1376

    5 in this area

    323 Total Sales

    Heidi Carver
    Section Image

  • M

    Seller's Agent in 2016

    Milne Purchase McLaughlin

    Clark Jennings & Asso. OR, LLC

    (541) 377-7787

    16 in this area

    32 Total Sales

    Milne Purchase McLaughlin
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21349719

Regional Multiple Listing Service (RMLS)
Oregon Umatilla County Pendleton 97801

623 SW 4th St, Pendleton, OR

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