$548,000

760 S 2nd St Lebanon, OR 97355

Estimated payment $3,277/month

Total Views 231
8 Beds
5.5 Baths
3,666 Sq Ft
$149 Price per Sq Ft

Highlights

  • Wood Flooring
  • Wood Siding
  • 3-minute walk to Ralston Park Rose Garden
  • Formal Dining Room
  • Wood Burning Fireplace

About This Home

Discover a piece of history with three unique units. The largest unit, known to locals as The Donaca House, radiates timeless charm and character. Two additional units make this cash flowing property an investor's dream. Each residence offers modern amenities and historic charm. In the heart of downtown, this rental provides quick access to all Lebanon has to offer. Whether you're drawn to the allure of history or sleek modern living this historic property caters to diverse tastes.

Listing Agent

Thayer Marvin

PREMIERE PROPERTY GROUP, LLC ALBANY License #201228171 Listed on: 09/09/2025

PREMIERE PROPERTY GROUP, LLC  ALBANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,287

Year Built

  • Built in 1948

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Triplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,666 Sq Ft Home
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5.5 Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Electric Water Heater

Community Details

  • 3 Units
  • Donaca House Community

Listing and Financial Details

  • Exclusions: Tenants Property
  • Legal Lot and Block 3 / 8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,287

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Range Facility: Electric
  • Syndicated Remarks: Discover a piece of history with three unique units. The largest unit, known to locals as The Donaca House, radiates timeless charm and character. Two additional units make this cash flowing property an investor's dream. Each residence offers modern amenities and historic charm. In the heart of downtown, this rental provides quick access to all Lebanon has to offer. Whether you're drawn to the allure of history or sleek modern living this historic property caters to diverse tastes.
  • Cross Street: Sherman
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Tenants Property
  • Fireplace: Wood
  • Refrigerator: Refrigerator Included
  • Flooring: Wood
  • Total Bathrooms: 5.5
  • Total Bedrooms: 8
  • Dining Room: Formal
  • Price Per Sq Ft: 149.48
  • Price Per Sq Ft: 149.48

Exterior Features

  • Exterior Color: White
  • Foundation: Continuous
  • Roof: Shingle
  • Siding: Wood

Utilities

  • Heating: Ductless/Mini-Split
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.24
  • Estimated Lot Sq Ft: 10454
  • Lot: 3
  • Price Per Acre: 2283333.33
  • Property Name: Donaca House
  • Property Use Type: Business, Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 0179040
  • Tax Amount: 4287

Multi Family

  • Number Of Units: 3

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 $4,431 $210,850 -- --
2023 $4,288 $204,710 $0 $0
2022 $3,847 $198,750 $0 $0
2021 $3,708 $192,970 $0 $0
2020 $3,494 $187,350 $0 $0
2019 $3,240 $181,900 $0 $0
2018 $3,650 $176,610 $0 $0
2017 $3,400 $171,470 $0 $0
2016 $3,094 $166,480 $0 $0
2015 $2,947 $161,640 $0 $0
2014 $2,899 $156,940 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $548,000 -- $149 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Fidelity National Title Co
Contract Of Sale $125,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,850 FHA
Closed $120,472 FHA
Previous Owner $120,000 Seller Take Back
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 833478

Willamette Valley MLS

APN: 0179040