Discover an exceptional investment opportunity nestled at the end of Oakridge street: a sizeable fourplex multi-unit property that promises tremendous returns.

With ample parking space and a freshly updated roof and exterior paint as of October 2022, this property is appealing and low-maintenance. Investors can enjoy the convenience of tenants already n p lace, simplifying the transition.

Moreover, its prime location, a 10-minute stroll from a vibrant array of restaurants and shopping options, adds to its allure, making it an ideal addition to any real estate portfolio. Don't miss out on this promising venture!

Request Information
on 47730 Christel Ln
in Oakridge, OR
Presented by Joshua Cooley at
Keller Williams The Cooley Real Estate Group.


Property MLS #22179720 from RMLS

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 7

+ Bathrooms

Full Bathrooms: 4

+ Heating and Cooling

Heating Features: Zoned
Heating: Yes
Water Heaters: Electricity

+ Land Info

Lot Description: Level

+ Exterior and Lot Features

Road Surface Type: Paved

+ Home Features

View: TreesWoods

+ School Information

Elementary School: Oakridge
High School: Oakridge
Middle School: Oakridge
+ Display Complete School Details

Oakridge High School is a public high school located approximately 0.7 miles away.
Map directions

Oakridge Junior High School is a public middle school located approximately 0.7 miles away.
Map directions

Oakridge Elementary School is a public elementary school located approximately 0.8 miles away.
Map directions

+ Rental Info

Gross Income: 33900
Rent Includes: Sewer, TrashCollection, Water

+ Multi-Unit Info

Number of Units: 4
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

+ Other Property Info

LotSizeRange: SqFt10000to14999
Annual Tax Amount: 2106.599999999
Source Listing Status: Active
County: Lane
Cap Rate: 7.54
Directions: Hwy 58 to Oakridge, Right on Rainbow, corner of Christel
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: 1630274
Zoning: R1
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-05-13
$369,999
RMLS

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Price Changed 2024-01-20
$375,000
RMLS

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Price Changed 2024-01-19
$0
RMLS

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Price Changed 2022-10-20
$375,000
RMLS

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Price Changed 2022-09-10
$355,000
RMLS

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Price Changed 2022-09-09
$0
RMLS

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Listed 2022-08-11
$355,000
RMLS

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Listing removed 2010-10-07
$170,000
RMLS

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Relisted 2010-06-16
$170,000
RMLS

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Listing removed 2009-02-22
$170,000
RMLS

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Listed 2007-07-17
$200,000
RMLS

+ Commercial Info

Net Operating Income: 27900
Operating Expense: 6000

+ Building and Construction

Year Built: 1940
Building Area Total: 2112
Building Exterior Type: WoodSiding
Property Age: 84
Property Condition: Approximately
Roof: Composition
Levels or Stories: 1

+ Utilities

Sewer: PublicSewer
Water Source: PublicWater