Invest in this fully renovated, occupied duplex, located on a corner lot and in a nice neighborhood. Cap Rate of 5.6%. Each unit has 2 bed/1 bath, 928 SF, plus a full one car garage (1 fully finished). Updates include new roof, LED lighting, electrical switches/outlets, vinyl flooring, interior paint, window coverings, smoke detectors, cabinet hardware, door knobs/hinges, garbage disposals & more. Professionally managed. Tenants pay for all utilities. Call today! Seller related to Listing Agent.
Sold for $464,000 on 01/05/24
Listed by:
ALISON CLOWSER 541-217-1261,
Oregon First
Bought with: Hybrid Real Estate
$464,000
825 W Airway Rd, Lebanon, OR 97355
4beds
2baths
1,856sqft
Duplex
Built in 1977
-- sqft lot
$-- Zestimate®
$250/sqft
$2,264 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,264/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 07, 2024 at 09:08am
Listed by:
ALISON CLOWSER 541-217-1261,
Oregon First
Bought with:
JENNA STUTSMAN
Hybrid Real Estate
Source: WVMLS,MLS#: 809058
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Dining room
- Features: Area (Combination)
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,856
- Total interior livable area: 1,856 sqft
Property
Parking
- Parking features: Single Car Garage
Features
- Patio & porch: Patio
- Exterior features: Brown
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,019 sqft
- Features: Common Area, Landscaped
Details
- Parcel number: 00387593
- Zoning: 2-4 Plex
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lebanon
- Subdivision: 12S02W09DA
HOA & financial
Other financial information
- Total actual rent: 2905
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2024 | Sold | $464,000-3.2%$250/sqft |
Source:  WVMLS #809058 Report a problem | ||
| 12/21/2023 | Contingent | $479,500$258/sqft |
Source: WVMLS #809058 Report a problem | ||
| 12/20/2023 | Pending sale | $479,500$258/sqft |
Source:  RMLS (OR) #23224735 Report a problem | ||
| 8/31/2023 | Listed for sale | $479,500+76%$258/sqft |
Source: WVMLS #809058 Report a problem | ||
| 11/16/2021 | Sold | $272,500+61.2%$147/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,225 +3.3% | $201,060 +3% |
| 2023 | $4,089 +2.1% | $195,210 +3% |
| 2022 | $4,003 | $189,530 +3% |
Find assessor info on the county website
Neighborhood: 97355
Nearby schools
GreatSchools rating
- 7/10Green Acres SchoolGrades: K-6Distance: 0.3 mi
- 6/10Seven Oak Middle SchoolGrades: 6-8Distance: 2.5 mi
- 5/10Lebanon High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Green Acres
- Middle: Seven Oak
- High: Lebanon
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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