Estimated payment $7,154/month
Highlights
- River View
- Double Pane Windows
- Surveillance System
- No HOA
- Ductless Heating Or Cooling System
- Tankless Water Heater
About This Home
Rare turnkey riverfront investment opportunity with exceptional upside potential. Property includes a 6-plex where every unit has been meticulously restored to like-new condition with extensive structural improvements and quality upgrades throughout. Features include mini-split HVAC systems, new roof, new windows, updated cabinets, flooring, plumbing and electrical fixtures, plus a new septic system and well system for long-term reliability. Property also includes an additional manufactured home, community laundry facility, dog run, and expansive parking area. The riverfront setting creates an attractive amenity for tenants or owner use while offering the potential to develop an additional revenue stream catering to short-stay or vacation clientele. Scheduled gross income of approximately $120,000 annually, low operating expenses, and an attractive 6.86% capitalization rate make this a compelling opportunity for investors seeking strong cash flow and future growth potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,509
Year Built
- Built in 1946
Lot Details
- 1.37 Acre Lot
- River Front
- Two or More Common Walls
- Level Lot
Parking
- Gravel Driveway
Property Views
- River
- Mountain
Home Design
- Composition Roof
- Concrete Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Double Pane Windows
- Vinyl Flooring
- Range
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Home Security
- Surveillance System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Well
- Tankless Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- 7 Units
Listing and Financial Details
- Tax Lot 2703
- Assessor Parcel Number 10301446
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 |
|---|---|---|---|---|
| 2026 | $4,508 | $413,460 | -- | -- |
| 2025 | $2,995 | $458,500 | $140,230 | $318,270 |
| 2024 | $2,995 | $263,390 | $136,150 | $127,240 |
| 2023 | $2,897 | $255,720 | $132,190 | $123,530 |
| 2022 | $2,767 | $255,720 | $132,190 | $123,530 |
| 2021 | $2,684 | $248,280 | $128,350 | $119,930 |
| 2020 | $2,617 | $241,050 | $124,610 | $116,440 |
| 2019 | $2,550 | $227,220 | $117,460 | $109,760 |
| 2018 | $2,482 | $220,610 | $114,050 | $106,560 |
| 2017 | $2,422 | $220,610 | $114,050 | $106,560 |
| 2016 | $2,359 | $207,960 | $107,500 | $100,460 |
| 2015 | $2,284 | $207,960 | $107,500 | $100,460 |
| 2014 | $2,207 | $196,030 | $101,330 | $94,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/01/2026 06/01/26 | For Sale | $1,250,000 | +290.7% | $279 / Sq Ft | |
| 09/12/2022 09/12/22 | Sold | $319,900 | -8.6% | $73 / Sq Ft | View Prior Sale |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- | |
| 06/12/2022 06/12/22 | For Sale | $350,000 | 0.0% | $80 / Sq Ft | |
| 06/12/2022 06/12/22 | Price Changed | $350,000 | +9.4% | $80 / Sq Ft | |
| 05/13/2022 05/13/22 | Off Market | $319,900 | -- | -- | |
| 04/25/2022 04/25/22 | Pending | -- | -- | -- | |
| 09/30/2021 09/30/21 | For Sale | $499,000 | -- | $114 / Sq Ft |
Source: Oregon Datashare
MLS Number: 220222523
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Ask me questions while you tour the home.