All the work is done on these two quaint cottage homes. Recent remodel and well maintained. Lots of opportunity as rental, multi-generational living, or live and rent. Look at the finishing touches to these homes and the returns.
Off market
$329,100
229 Moreland Ave #A, Drain, OR 97435
4beds
2baths
1,700sqft
MultiFamily
Built in 1948
-- sqft lot
$329,100 Zestimate®
$194/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookup
Features
- Flooring: Hardwood
- Basement: Crawl Space
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,700 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Shingle (Not Wood)
- Has view: Yes
- View description: City
Lot
- Size: 4,791 sqft
- Features: Views, Commons
Details
- Parcel number: R23515
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Concrete
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Cable Connected, Satellite
Community & neighborhood
Location
- Region: Drain
HOA & financial
Other financial information
- Total actual rent: 2300
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- RoadSurfaceType: Paved, Gravel
- Appliances: Dishwasher, Refrigerator, Electric Water Heater, Range
- Zoning: R
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Electricity Connected, Cable Connected, Satellite
- Roof: Composition
- FoundationDetails: Block
- LeaseTerm: Month To Month
- GrossIncome: 27600
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- ConstructionMaterials: Shingle Siding, T-111 Siding
- OpenParkingYN: true
- PropertyCondition: Updated/Remodeled
- NetOperatingIncome: 26000
- OperatingExpense: 2400
- LotFeatures: Views, Commons
- ParkingFeatures: Open
- TotalActualRent: 2300
- View: City
- LaundryFeatures: Washer/Dryer Hookup
- MlsStatus: Pending
- CapRate: 10.44
- TaxAnnualAmount: 1167.25
- Road surface type: Paved, Gravel
Services availability

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