Outstanding 6 plex investment opportunity located within walking distance of the popular Willamette area of West Linn. All long term tenants paying well below market rate. Month to month leases in 5 units, 1 unit recently became vacant leaving room for a new lease or owner occupancy. Room to expand or redevelop with the half acre river view property. Sold as-is, seller to make no repairs. Do not disturb tenants and offers subject to interior inspection.
Sold
$1,247,000
2289 5th Ave, West Linn, OR 97068
12beds
5,200sqft
Multi Family
Built in 1967
-- sqft lot
$1,344,500 Zestimate®
$240/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: March 24, 2023 at 03:17am
Listed by:
Ryan DeJong 503-784-2371,
Genesis Realty
Bought with:
Jeff Edmondson, 200802126
24/7 Properties
Source: RMLS (OR),MLS#: 23129792
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Range, Refrigerator, Electric Water Heater
- Laundry: Common Area
Features
- Windows: Window Coverings
- Basement: Finished,Separate Living Quarters Apartment Aux Living Unit
Interior area
- Total structure area: 5,200
- Total interior livable area: 5,200 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open, Paved
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: River, Territorial
- Has water view: Yes
- Water view: River
Lot
- Features: Gentle Sloping, Level, SqFt 20000 to Acres1
Details
- Parcel number: 00748427
- Zoning: R10
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar
- Foundation: Slab
- Roof: Rubber
Condition
- Existing
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, DSL
Community & neighborhood
Security
- Security features: Security Lights
Community
- Community features: Laundry
Location
- Region: West Linn
HOA & financial
Other financial information
- Total actual rent: 4410
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Services availability
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Estimated market value
$1,344,500