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$449,900   Price Analysis
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24983 McCutcheon Ave
Veneta, OR 97487
5 bed 2 bath 2,039 SqFt ($220/SqFt)
0.31 acre lot. Built 1959
Listed 2024-03-18, Taxes $3,411
USDA Eligible
near Veneta, OR
 Restrictions may apply
due to home size

Hard to find Veneta duplex with residential/commercial zoning.

So many possbilities, rent out both sides or li ve in one and run a business on other side etc. Large side has hardwood floors and granite in the kitchen. Ideally located near downtown, post office etc.

Garage on McCutcheon side has been finished but could be turned back into a garage if desired. Ample parking in the driveway for both units. Lot next door on 4th is available for purchase as well. This duplex is being sold in AS condition.


Presented by Jessica Johnston at
RE MAX Integrity.
Listing Agent Photo

Property MLS #24360550 from RMLS

Bedrooms: 5

Full Bathrooms: 2

Heating Features: Baseboard
Heating: Yes
Water Heaters: Electricity

Basement Description: CrawlSpace

Lot Description: CornerLot
Lot Size Acres: 0.31
Lot Size Square Feet: 13503

Road Surface Type: Paved

Parking Features: Driveway, OffStreet

Elementary School: Veneta
High School: Elmira
Middle School: Fern Ridge

Veneta Elementary School is a public elementary school located approximately 0.2 miles away.
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Fern Ridge Middle School is a public middle school located approximately 1.3 miles away.
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Elmira High School is a public high school located approximately 1.7 miles away.
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Countryside Christian School is a private elementary and middle school located approximately 1.4 miles away.
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Gross Income: 24708

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

LotSizeRange: SqFt10000to14999
Annual Tax Amount: 3543.329999999
Source Listing Status: Active
County: Lane
Cap Rate: 4.89
Directions: Corner to McCutcheon and 4th
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: Veneta
Parcel Number: 0521540
Subdivision: Veneta
Zoning: RC
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$179,309
$3,411
2021$unknown + $unknown
$174,087
$3,192
2020$unknown + $unknown
$169,017
$3,107
2019$unknown + $unknown
$164,095
$3,028
2018$unknown + $unknown
$159,316
$2,930
2017$unknown + $unknown
$154,676
$2,821
2016$unknown + $unknown
$150,171
$2,720
2015$unknown + $unknown
$145,797
$2,604
2014$unknown + $unknown
$141,550
$2,488
2013$unknown + $unknown
$132,045
$2,291
2012$unknown + $unknown
$134,033
$2,352
2011$unknown + $unknown
$137,427
$2,530
2010$unknown + $unknown
$133,424
$2,435
2009$unknown + $unknown
$129,538
$2,316
2008$unknown + $unknown
$125,765
$2,256
2007$unknown + $unknown
$122,102
$2,170

Listed 2024-03-18
$449,900
RMLS
Sold 2010-11-30
$105,000
Public Record

Net Operating Income: 22000
Operating Expense: 21057

Year Built: 1959
Building Area Total: 2039
Building Exterior Type: WoodSiding
Property Age: 65
Property Condition: Existing
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.