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$454,000   Price Analysis
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310 S Main St
Lebanon, OR 97355
4 bed 4 bath unknown SqFt ($0/SqFt)
0.24 acre lot. Built 1930
Listed 2024-06-07, Taxes $2,893
USDA Eligible
near Spicer, OR
 

Great opportunity to own this 4 PLEX!!

Fully renovated exterior in 2020, including doors, windows, all siding replced with hardy board, new roo fs, new gutters, new paint. Majority of plumbing updated with PEX. One unit was empty and was fully renovated (2020), the other 3 units still have the same long term tenants in place. Great location and within close proximity to the medical school on the north end of town. Big Backyard!

All tenants are long term tenants and want to stay in property. Seller is listing 2 additional multi-family properties (5plex and 6plex) all located in Lebanon, OR . The listing agent has ownership in the property.


Presented by Anastasia Caranfil at
Anastasia Realty Group LLC.


Property MLS #24508061 from RMLS

Bedrooms: 4

Cooling Features: WallUnit
Heating Features: WallHeater
Heating Fuel: Gas
Water Heaters: Electricity

Full Bathrooms: 4

Basement Description: CrawlSpace

Lot Description: Level, Trees
Lot Size Acres: 0.24
Lot Size Square Feet: 10454

Road Surface Type: Paved

Parking Features: OffStreet
Parking Total: 4

View: Territorial

Gross Income: 36888
Rent Includes: TrashCollection, Water

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

High School: Lebanon
Middle School: Seven Oak

Green Acres School is a public elementary school located approximately 0.7 miles away.
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Lebanon High School is a public high school located approximately 1 miles away.
directions icon Map directions

Seven Oak Middle School is a public middle school located approximately 2.4 miles away.
directions icon Map directions

Csc Lebanon Learning Opportunities Center is a private high school located approximately 1.7 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Community Features: AllLandscaping, Laundry

Bank Owned
LotSizeRange: SqFt10000to14999
Annual Tax Amount: 3377.800000000
Source Listing Status: Active
County: Linn
Cap Rate: 6.44
Directions: Follow OR-34 E to S Main Rd/Santiam Hwy 16 in Lebanon
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: 0174041
Zoning: RH
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$137,000
$2,893
2021$unknown + $unknown
$133,010
$2,790
2020$unknown + $unknown
$129,140
$2,755
2019$unknown + $unknown
$125,380
$2,618
2018$unknown + $unknown
$121,730
$2,597
2017$unknown + $unknown
$118,190
$2,536
2016$unknown + $unknown
$114,750
$2,459
2015$unknown + $unknown
$111,410
$2,395
2014$unknown + $unknown
$108,170
$2,336
2013$unknown + $unknown
$105,020
$2,247
2012$unknown + $unknown
$101,970
$2,215
2011$unknown + $unknown
$99,000
$2,233
2010$unknown + $unknown
$96,120
$2,126
2009$unknown + $unknown
$93,329
$2,075
2008$unknown + $unknown
$90,611
$2,005
2007$unknown + $unknown
$87,972
$1,962

Price Changed 2024-07-14
$454,000
RMLS
Price Changed 2024-07-14
$454,000
Willamette
Listed 2024-06-07
$459,000
RMLS
Listed 2024-06-07
$459,000
Willamette
Listing removed 2019-08-06
$0
Willamette
Listed 2019-06-24
$195,000
Willamette
Listing removed 2017-01-14
$185,000
Willamette
Listing removed 2017-01-14
$185,000
Willamette
Price Changed 2016-08-03
$185,000
Willamette
Price Changed 2016-08-03
$185,000
Willamette
Price Changed 2016-03-28
$187,000
Willamette
Price Changed 2016-03-28
$187,000
Willamette
Listed 2016-02-05
$189,000
Willamette
Listed 2016-02-05
$189,000
Willamette
Sold 2007-01-12
$175,000
Public Record
Sold 2003-08-19
$129,000
Public Record

Net Operating Income: 29228
Operating Expense: 7660

Year Built: 1930
Building Exterior Type: CementSiding
Foundation Details: PillarPostPier
Property Age: 94
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 1

Sewer: PublicSewer
Water Source: PublicWater
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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.