Investor Alert!! Duplex on a quarter acre corner lot, with an assumable loan option at 3.25%. Located in the Four Corner's neighborhood, this duplex features two 1-bedroom, 1-bath units, each with their own laundry. Potential to reconfigure each unit to accommodate a 2nd bedroom; Buyer to do due diligence with the City on any design change. Both homes have their own designated address, private yards with storage, and a fireplace or fireplace stove. Updates throughout both homes include new quartz counter tops, tile back splash, stainless steel appliances, tiled bathroom, new interior paint and more. The property includes a detached oversized garage plus spacious driveways for both homes, providing ample parking! Conveniently located near HWY 22, and I-5. This location offers easy access to amenities, schools, and shopping, while situated on a private road with seasonal views.
John L. Scott Portland CentralBrokerage Email: portlandcentral@johnlscott.comLicense #200903041
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,809
Year Built
Built in 1948
Lot Details
10,890 Sq Ft Lot
Corner Lot
Level Lot
Parking
2 Car Garage
Driveway
Off-Street Parking
Home Design
Pillar, Post or Pier Foundation
Composition Roof
Wood Siding
Concrete Perimeter Foundation
Interior Spaces
2,118 Sq Ft Home
1-Story Property
Crawl Space
Storage In Attic
Stove
Bedrooms and Bathrooms
2 Bedrooms
2 Bathrooms
Schools
Mckinley Elementary School
Crossler Middle School
South Salem High School
Utilities
No Cooling
Heating System Uses Gas
Heating System Mounted To A Wall or Window
Gas Water Heater
High Speed Internet
Listing and Financial Details
Assessor Parcel Number 549041
Community Details
Overview
2 Units
Four Corners Subdivision
Building Details
Operating Expense $6,814
Gross Income $40,800
Net Operating Income $33,980
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,809
Year Built
Built in 1948
Lot Details
0.25 Acres
Parking
2
Listing Details
Standard Status: Pending
MLS Status: Pending
Property Type: MultiFamily
Stories: 1
Year Built: 1948
Property Condition: Approximately
Property Attached Yn: No
Current Price For Status: 425000.0
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement: CrawlSpace
Storage: Attic
Total Bedrooms: 2
Lot Size Range: SqFt10000to14999
Exterior Features
Exterior Description: WoodSiding
Lot Size: 10,000 to 14,999 SqFt
Foundation Details: ConcretePerimeter, PillarPostPier
View: No
Lot Features: CornerLot, Level, PublicRoad
Road Surface Type: Gravel, Paved
Disclosures: Disclosure
Roof: Composition
Garage/Parking
Parking Description: Driveway, OffStreet
Attached Garage: No
Garage Spaces: 2.0
Utilities
Fuel Description: Electricity,Gas
Hot Water: Gas
Internet Service Type: Cable
Cooling Y N: No
Heating: GasStove, WallHeater
Heating Yn: No
Sewer: PublicSewer
Water Source: PublicWater
Schools
Elementary School: McKinley
High School: South Salem
Middle Or Junior School: Crossler
Lot Info
Zoning: RS
Lot Size Acres: 0.25
Lot Size Sq Ft: 10890.0
Parcel #: 549041
Green Features
Green Certification: No
Rental Info
Rent Includes: CableTV, MaintenanceGrounds, Sewer, TrashCollection, Water
Tax Info
Tax Year: 2025
Tax Annual Amount: 2809.3
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2
Number Of Units Total: 2
Gross Rent Multiplier: 10.42
Annual Gross Income: 40800.0
Property Net Operating Income: 33980.0
Annual Operating Expense: 6814.0
Map
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
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.
Land
Improvement
2025
$2,713
$158,410
2024
$2,713
$153,800
2023
$2,567
$149,330
$0
$0
2022
$2,413
$144,990
$0
$0
2021
$2,391
$140,770
$0
$0
2020
$2,321
$136,670
$0
$0
2019
$2,338
$132,690
$0
$0
2018
$2,282
$0
$0
$0
2017
$1,826
$0
$0
$0
2016
$1,750
$0
$0
$0
2015
$1,731
$0
$0
$0
2014
$1,580
$0
$0
$0
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
Prior Sale
06/18/202606/18/26
Pending
--
--
--
06/08/202606/08/26
Price Changed
$425,000
-3.4%
$201 / Sq Ft
05/18/202605/18/26
Price Changed
$440,000
-2.2%
$208 / Sq Ft
05/05/202605/05/26
For Sale
$450,000
0.0%
$212 / Sq Ft
02/20/202602/20/26
Pending
--
--
--
02/17/202602/17/26
For Sale
$450,000
+19.0%
$212 / Sq Ft
09/02/202109/02/21
Sold
$378,000
0.0%
$178 / Sq Ft
View Prior Sale
07/28/202107/28/21
Price Changed
$378,000
-0.5%
$178 / Sq Ft
06/18/202106/18/21
For Sale
$380,000
--
$179 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Warranty Deed
$378,000
Amerititle
Warranty Deed
$205,000
Amerititle
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Israel attended Madison High School and Portland State University. He loves the different aspects of the metro area and the fact that you can drive for 20 minutes in any direction and enjoy a different flavor of the city. He would love to help you find your dream home no matter what you are interested in. Israel strives to sell homes according to your lifestyle so no matter the market your house is your home. When he is not helping clients, he can be found enjoying his family time with his wife
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