OR > Woodburn
Woodburn, OR 97071,1080 5TH ST
Woodburn, OR 97071,1080 5TH ST
Woodburn, OR 97071,1080 5TH ST
Woodburn, OR 97071,1080 5TH ST
Woodburn, OR 97071,1080 5TH ST
Woodburn, OR 97071,1080 5TH ST
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Ted Tanner

Ted Tanner

+1(503) 828-7839
Listed by John L. Scott
$ 699,900
Est. payment | /mo

3,328 SqFt

Save
$ 699,900
Est. payment | /mo
Save

3,328 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,328 sqft

Price per Sqft $210

MLS Listing ID 24626528

Year Built 1965

Annual Tax Amount $4,906

Tax Year 2023

Lot Size 0.390 Acres

Property Description

Income property with possible development potential. Two duplexes located on .37 acre level lot in Woodburn. Four units, each two-bedroom, one-bath single level with ample parking. All units rented; a couple with long term tenants with below market rents. Range, refrigerator included. Washer/dryer hookup in kitchen. Tenants pay all utilities except for garbage on two units. Rent and actual income based on 10% rent increase effective 9/1/24. Possible opportunity to build additional units. Preliminary conversation with City of Woodburn, along with approved land use on 3rd st (see attached) suggest possible development opportunity. Buyer to do all due diligence on development.

Location

State OR

County Marion

Area _170

Zoning RM

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Exterior

Roof Type Composition

Parking Type Off Street, Open

Garage No

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter, Other

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Nellie Muir

Middle Schools French Prairie

High Schools Woodburn

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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Ted Tanner

Principal Broker | Lic# 201210644

+1(503) 828-7839

1915 NE Stucki Ave. Suite 250, Hillsboro, OR, 97006

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1080 5TH ST