Seller's Agent in 2024
Lisa Stone
Premiere Property Group, LLC
(503) 887-0799
43 Total Sales
75 Highway 101 Alt Warrenton, OR 97146
--
Bed
--
Bath
3,184
Sq Ft
0.28
Acres
About This Home
As of July 2024Rare Investment Opportunity: 6-Unit Apartment Complex on 2 Tax Lots. Investors, seize the chance to own a lucrative piece of real estate with this exceptional 6-unit apartment complex spanning across 2 tax lots. Nestled in a thriving community, this property offers immense potential for rental income, development, or expansion, making it a standout opportunity in today's market. With a strong rental history and high occupancy rates, this apartment complex presents a reliable source of passive income for investors. The diverse mix of unit sizes appeals to a broad tenant demographic, ensuring consistent cash flow and minimal vacancy risk. Whether you're a seasoned investor looking to expand your portfolio, a developer seeking a prime redevelopment opportunity, or a first-time buyer entering the real estate market, this property offers the flexibility to accommodate various investment strategies and goals. Property includes a covered common area, large grassy backyard and garage for owner storage.Don't miss out on this rare opportunity to acquire a versatile 6-unit apartment complex on 2 tax lots with immense potential for growth and profitability. Contact me today with any questions!
Last Agent to Sell the Property
Premiere Property Group, LLC License #201239564 Listed on: 04/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,158
Year Built
- Built in 1945
Lot Details
- 0.28 Acre Lot
- Level Lot
Parking
- Off-Street Parking
Home Design
- Composition Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,184 Sq Ft Home
- 2-Story Property
- Crawl Space
Schools
- Warrenton Elementary And Middle School
- Warrenton High School
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Rent includes ground maintenance, sewer, trashcollection, water
- Assessor Parcel Number 32214,32216
Community Details
Overview
- 6 Units
Building Details
- Operating Expense $11,458
- Gross Income $62,100
- Net Operating Income $52,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2024
Closed on
Jul 3, 2024
Sold by
Russell Cody A
Bought by
Warrenton 6 Llc
Seller's Agent
Lisa Stone
Premiere Property Group, LLC
Buyer's Agent
Lisa Stone
Premiere Property Group, LLC
List Price
$640,000
Sold Price
$540,000
Premium/Discount to List
-$100,000
-15.62%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$357,911
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2017
Sold by
Weaver Kimberly R
Bought by
Russell Cody A
Purchase Details
Closed on
Feb 28, 2017
Sold by
Rice William C
Bought by
Russell Cody A
Purchase Details
Closed on
Jan 31, 2014
Sold by
William C Rice Trust
Bought by
M & S Rentals and Weaver Kimberly R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Warrenton 6 Llc | $540,000 | Lawyers Title | |
| Russell Cody A | -- | None Available | |
| Russell Cody A | $1,000 | None Available | |
| M & S Rentals | $243,189 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Warrenton 6 Llc | $378,000 | |
| Closed | M & S Rentals | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2024 07/10/24 | Sold | $540,000 | -15.6% | $170 / Sq Ft |
| 04/06/2024 04/06/24 | Pending | -- | -- | -- |
| 04/03/2024 04/03/24 | For Sale | $640,000 | -- | $201 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $75 | $5,635 | -- | -- |
| 2023 | $72 | $5,471 | $0 | $0 |
| 2022 | $71 | $5,312 | $0 | $0 |
| 2021 | $70 | $5,158 | $0 | $0 |
| 2020 | $69 | $5,008 | $0 | $0 |
| 2019 | $67 | $4,863 | $0 | $0 |
| 2018 | $56 | $4,722 | $0 | $0 |
| 2017 | $53 | $4,585 | $0 | $0 |
| 2016 | $53 | $4,452 | $4,452 | $0 |
| 2015 | $52 | $4,323 | $4,323 | $0 |
| 2014 | $50 | $4,198 | $0 | $0 |
| 2013 | -- | $4,076 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Stone
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24237588
APN: 32216
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.
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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