$545,000 Price Analysis 454 N 4th AveCornelius, OR 97113 4 bed 2 bath 1,560 SqFt ($349/SqFt) 9,583SqFt lot. Built 1973 Listed 2024-05-24, Taxes $2,834 | ✓ USDA Eligible near Cornelius, OR |
Zoning for up to a quadplex provides the potential to expand and increase rental income. Buyer to do due diligence with the city. The property already has a functioning duplex with two units, each featuring 2 bedroms and 1 bathroom. The individual fenced patios and washer/dryer hookups are attractive features for tenants.
Additionally, the detached 2-car garage with separate roll-up doors adds value. Or take the opportunity to expand. The location, having public transportation and shopping a couple blocks away, is convenient for tenants and can help maintain a high occupancy rate. The current tenants are on a month-to-month agreement (for far less than current rent market) which offers flexibility for future plans. Please do not disturb tenants or walk the property.
Presented by Stephanie Mellor at
John L. Scott Market Center.
Property MLS #24613083 from RMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $179,150 | $2,834 |
2021 | $unknown + $unknown $173,940 | $2,800 |
2020 | $unknown + $unknown $168,880 | $2,790 |
2019 | $unknown + $unknown $163,970 | $2,729 |
2018 | $unknown + $unknown $159,200 | $2,645 |
2017 | $unknown + $unknown $154,570 | $2,563 |
2016 | $unknown + $unknown $150,070 | $2,491 |
2015 | $unknown + $unknown $145,700 | $2,344 |
2014 | $unknown + $unknown $141,460 | $2,263 |
2013 | $unknown + $unknown $137,340 | $2,242 |
2012 | $unknown + $unknown $133,340 | $2,185 |
2011 | $unknown + $unknown $129,460 | $2,124 |
2010 | $unknown + $unknown $125,690 | $2,106 |
2008 | $unknown + $unknown $118,480 | $1,961 |
2007 | $unknown + $unknown $115,030 | $1,912 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.