$499,000
PENDING

88046 5th St Veneta, OR 97487

Estimated payment $3,147/month

Total Views 1,981
2 Beds
2 Baths
2,474 Sq Ft
$202 Price per Sq Ft

About This Home

Rare opportunity to purchase a duplex in Veneta. Here is a great opportunity for rental income, extended family, or a mix of both. Own your own home, but let your tenant offset your payment! As an extra bonus, all the appliances are included. Each unit has an excellent size back yard, which can be hard to find in a duplex. Each unit has an updated kitchen, bathrooms, flooring, vinyl windows, newer roofs & gutters. Identical floorplans feature a living room with sliding door to back yard, bedrooms upstairs, & attached garages. Previous tenant was paying $1800 per month.

Listing Agent

Tara Nagelhout

Emerald Valley Real Estate License #200008057 Listed on: 04/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,399

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 7,840 Sq Ft Lot

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,474 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Garage
  • Driveway

Schools

  • Veneta Elementary School
  • Fern Ridge Middle School
  • Elmira High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1191368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,399

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1977
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 2
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Veneta
  • High School: Elmira
  • Middle Or Junior School: Fern Ridge

Lot Info

  • Zoning: GR
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 1191368

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4399.17

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2

Map

Range of Values:

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Average Value
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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
2023 $4,399 $223,295 $0 $0
2022 $4,125 $216,792 $0 $0
2021 $3,346 $210,478 $0 $0
2020 $3,257 $204,348 $0 $0
2019 $3,120 $198,397 $0 $0
2018 $3,072 $187,009 $0 $0
2017 $2,898 $187,009 $0 $0
2016 $3,124 $180,333 $0 $0
2015 $3,432 $187,009 $0 $0
2014 $3,208 $181,562 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $499,000 +185.8% $202 / Sq Ft
05/24/2016 05/24/16 Sold $174,620 -0.2% $71 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $174,900 -- $71 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $303,600 First American
Warranty Deed $174,620 Cascade Title Company
Warranty Deed $145,000 Western Pioneer Title Co
Interfamily Deed Transfer -- Western Pioneer Title Co
Interfamily Deed Transfer -- Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,880 New Conventional
Previous Owner $254,800 New Conventional
Previous Owner $212,000 VA
Previous Owner $212,000 New Conventional
Previous Owner $173,550 VA
Previous Owner $174,620 VA
Previous Owner $108,750 Purchase Money Mortgage
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 225784774

Regional Multiple Listing Service (RMLS)

APN: 1191368