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$475,000   Price Analysis
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625 E Fifth Ave
Riddle, OR 97469
7 bed 4 bath 2,194 SqFt ($216/SqFt)
1.12 acre lot. Built 1972
Listed 2024-04-17, Taxes $3,120
USDA Eligible
near Riddle, OR
 Restrictions may apply
due to home size

3 units on over 1 acre

Already at market rents! $3800/mo in rental income. Units have been completely remodeled with vinyl plank floors, ductless heat pumps, granite counters, dishwashers, wash er/dryer hook ups nd more. Each unit comes with detached storage shed and multiple parking spots!

Room to expand, with plenty of parking! Conveniently located near schools and Riddle mills. Great investment or house hack (Live in one and rent the other 2)!


Presented by Shane Mast at
Oregon Life Homes.


Property MLS #24592308 from RMLS

Bedrooms: 7

Cooling Features: HeatPump
Heating Features: Ductless
Heating: Yes
Water Heaters: Electricity, Gas

Full Bathrooms: 4

Storage: IndividualStorageUnits

Lot Description: GentleSloping, Level
Lot Size Acres: 1.12
Lot Size Square Feet: 48787

Road Surface Type: Gravel

Parking Features: Assigned, RVAccessParking

View: City, Mountain

Gross Income: 38246
Rent Includes: Sewer, TrashCollection, Water

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

High School: Riddle
Middle School: Riddle

Riddle Elementary School is a public elementary school located approximately 0.1 miles away.
directions icon Map directions

Riddle High School is a public middle and high school located approximately 0.5 miles away.
directions icon Map directions

Canyonville Academy is a private high school located approximately 4.5 miles away.
directions icon Map directions

LotSizeRange: Acres1to3
Annual Tax Amount: 3213.849999999
Source Listing Status: Active
County: Douglas
Cap Rate: 5.21
Directions: Exit 103, West on Pruner Rd, Left on Pruner again, turns into 5th
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: R26190
Zoning: R2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$210,648
$3,120
2021$unknown + $unknown
$153,165
$2,268
2020$unknown + $unknown
$127,031
$1,861
2019$unknown + $unknown
$123,332
$1,826
2018$unknown + $unknown
$119,740
$1,773
2017$44,653 + $71,600
$116,253
$1,646
2016$41,252 + $67,177
$108,429
$1,535
2015$40,050 + $65,220
$105,270
$1,491
2014$unknown + $unknown
$102,015
$1,444
2013$unknown + $unknown
$109,713
$1,554
2012$unknown + $unknown
$106,963
$1,515
2011$unknown + $unknown
$114,513
$1,649
2010$unknown + $unknown
$111,178
$1,646
2009$unknown + $unknown
$107,940
$1,599
2008$unknown + $unknown
$104,797
$1,399
2007$unknown + $unknown
$101,745
$1,352

Price Changed 2024-05-13
$475,000
RMLS
Listed 2024-04-17
$499,000
RMLS
Listing removed 2023-09-29
$499,000
RMLS
Price Changed 2023-06-29
$499,000
RMLS
Listed 2023-04-28
$525,000
RMLS
Listing removed 2023-01-31
$0
Zumper
Listed for rent 2023-01-27
$1,200
Zumper
Listing removed 2023-01-27
$0
Zumper
Listing removed 2023-01-18
$0
Zumper
Listed for rent 2023-01-18
$1,200
Zumper
Listed for rent 2022-11-14
$1,200
Zumper
Listing removed 2018-10-22
$159,000
RMLS
Listing removed 2018-08-14
$159,000
RMLS
Listed 2018-03-01
$159,000
RMLS
Sold 2016-03-26
$35,000
RMLS
Price Changed 2016-02-17
$39,900
RMLS
Price Changed 2016-02-02
$44,900
RMLS
Listed 2016-01-14
$69,900
RMLS
Listing removed 2015-12-22
$69,900
RMLS
Price Changed 2015-11-26
$69,900
RMLS
Price Changed 2015-11-23
$125,000
RMLS
Price Changed 2015-10-10
$69,900
RMLS
Relisted 2015-09-21
$74,900
RMLS
Listing removed 2015-09-19
$74,900
RMLS
Price Changed 2015-08-15
$74,900
RMLS
Listed 2015-05-28
$100,000
RMLS
Listing removed 2012-07-05
$86,000
RMLS
Relisted 2012-01-09
$86,000
RMLS
Listing removed 2012-01-01
$96,000
RMLS
Relisted 2011-08-02
$96,000
RMLS
Listing removed 2011-08-01
$160,000
RMLS
Listing removed 2010-10-06
$160,000
RMLS
Listed 2010-10-06
$160,000
RMLS
Listed 2010-07-14
$160,000
RMLS
Listing removed 2009-09-09
$175,000
RMLS
Price Changed 2009-07-14
$175,000
RMLS
Relisted 2009-03-05
$195,000
RMLS
Listing removed 2009-02-22
$195,000
RMLS
Listing removed 2009-02-22
$195,000
RMLS
Listing removed 2009-01-20
$195,000
RMLS
Listed 2008-12-28
$175,000
RMLS
Listed 2008-09-17
$195,000
RMLS

Net Operating Income: 24725
Operating Expense: 13521

Year Built: 1972
Building Area Total: 2194
Building Exterior Type: T111Siding
Foundation Details: Slab
Property Age: 52
Property Condition: Restored
Roof: Composition

Sewer: PublicSewer, SepticTank
Water Source: PublicWater
Click Thumbnail Images To View Full Size
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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.