$1,950,000

816 West E Vernonia, OR 97064

Estimated payment $11,703/month

Total Views 96
3 Beds
2 Baths
9,840 Sq Ft
$198 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Mini Split Air Conditioners
  • 6 Car Garage
  • 0.69 Acre Lot
  • Tankless Water Heater
  • Level Lot

About This Home

Built in 2024, the Vernonia Duplexes is arare portfolio of three fully-occupied duplexesfeaturing large three-bedroom, two-bathroomunits, located near downtown Vernonia whereinvestment opportunities rarely hit the market. Each unit features open floor plans with modern comfort, such as hardsurface countertops, flush mount sinks, stainless steel appliances, airconditioning, garages, decks, and dual heat sources. The propertyis comprised of three tax lots presenting a buyer the opportunity toobtain residential financing for each duplex, providing a future exitopportunity to sell the duplexes individually.

Listing Agent

Parvaneh Kalantari

Vitality Home Realty License #200306181 Listed on: 03/02/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,000

Year Built

  • Built in 2024

Lot Details

  • 0.69 Acre Lot
  • Level Lot

Parking

  • 6 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 9,840 Sq Ft Home
  • 1-Story Property
  • Views of Woods
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Vernonia Elementary And Middle School
  • Vernonia High School

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Propane
  • Mini Split Heat Pump
  • Wall Furnace
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number Not Found

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $35,240
  • Gross Income $144,000
  • Net Operating Income $108,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,000

Year Built

Built in 2024

Lot Details

0.69 Acres

Parking

6

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 2024
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 1950000.0
  • Open House: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 3
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: Other
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No
  • Garage Spaces: 6.0

Utilities

  • Fuel Description: Electricity,Propane
  • Hot Water: Tankless
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit, WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Vernonia
  • High School: Vernonia
  • Middle Or Junior School: Vernonia

Lot Info

  • Zoning: mult
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30056.0
  • Parcel #: Not Found

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 20000.0

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 13.54
  • Annual Gross Income: 144000.0
  • Property Net Operating Income: 108760.0
  • Annual Operating Expense: 35240.0

Map

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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
03/02/2026 03/02/26 For Sale $1,950,000 -- $198 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 647002279

Regional Multiple Listing Service (RMLS)
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