Estimated payment $7,870/month
Highlights
- Private Lot
- Security Gate
- High Speed Internet
- No HOA
- 90% Forced Air Heating and Cooling System
- Gated Home
About This Home
If you have always wanted to own an investment property, but found there was always too much to fix up or repair to bring in great revenue? Well this triplex is one that will save you all the trouble and expense. It has been extensively remodeled in 2020/2021 and has a consistent rental history. Designed with ease of maintenance, all the major work has been done. No need to use your money to fix it up. Gross receipts of nearly 80K/year and low expenses make for lucrative passive income. All units are on renewed 12 month leases at great market rates with some room for increases. New or newer - LVP Floors, carpets, roof, TREX decking/steps, appliances, granite, light fixtures, plumbing fixtures, and so much more. Each unit offers affordable central HVAC and indoor washer/dryer hook-up. The updated look of each unit makes them very easy to rent at market rate and stay rented. Landlord only pays water/sewer with low cost internet paid for Unit 3 because of a security camera and light. That unit has also been an owner's unit and comes with upgraded appliances/HVAC/Air Cleaner. Please do not drive onto property or disturb the tenants. There is no sign on the property. Write offers subject to interior walk-thru upon approved offer with verified funds or loan approval letter. Buyer to verify schools.
Last Listed By
Burright Realty Group LLC Brokerage Email: Debbi@BurrightRealtyGroup.com License #801204020 Listed on: 05/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,871
Year Built
- Built in 1998 | Remodeled
Lot Details
- 0.26 Acre Lot
- Gated Home
- Private Lot
- Flag Lot
Parking
- 3 Car Garage
- Assigned Parking
Home Design
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,426 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Home Security
- Security Lights
- Security Gate
Schools
- Dayton Middle School
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 52249
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $17,048
- Gross Income $79,920
- Net Operating Income $62,872
Home Values in the Area
Average Home Value in this Area
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 | $7,084 | $443,145 | -- | -- |
| 2023 | $6,841 | $430,238 | $0 | $0 |
| 2022 | $6,657 | $417,707 | $0 | $0 |
| 2021 | $6,477 | $405,541 | $0 | $0 |
| 2020 | $5,832 | $393,729 | $0 | $0 |
| 2019 | $5,754 | $382,261 | $0 | $0 |
| 2018 | $5,785 | $371,127 | $0 | $0 |
| 2017 | $6,149 | $360,317 | $0 | $0 |
| 2016 | $6,024 | $349,822 | $0 | $0 |
| 2015 | $5,916 | $339,635 | $0 | $0 |
| 2014 | $5,519 | $329,744 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $1,299,990 | -- | $379 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | First American | |
| Warranty Deed | $404,000 | Ticor Title | |
| Warranty Deed | $317,500 | Northwest Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $464,000 | New Conventional | |
| Previous Owner | $303,000 | New Conventional | |
| Previous Owner | $254,000 | Fannie Mae Freddie Mac | |
| Closed | $31,700 | No Value Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 216501468
APN: 52249
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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