$425,000
UNDER CONTRACT

215 NE Fern Ave Dallas, OR 97338

Estimated payment $2,582/month

Total Views 9,619
-- Bed
-- Bath
1,633 Sq Ft
$260 Price per Sq Ft

Highlights

  • RV Access or Parking
  • No HOA
  • 2 Car Garage
  • Corner Lot
  • Zoned Heating
  • 3-minute walk to Rotary Park

About This Home

Solid and well-maintained duplex built in 1975, located in an established neighborhood on a spacious corner lot! Featuring long-term tenants, this property offers a great investment opportunity. Each unit includes a private patio, garage, and access to a partially fenced backyard. Fresh exterior paint and beautiful landscaping enhance its curb appeal. There’s also plenty of room for RV parking! Conveniently close to major shopping areas in Dallas. Don’t miss this prime income-producing opportunity!

Listing Agent

Shawn Shukle

HomeSmart Realty Group License #201220470

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,523

Year Built

  • Built in 1975

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,633 Sq Ft Home
  • 1-Story Property

Schools

  • Lyle Elementary School
  • Lacreole Middle School
  • Dallas High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 128773

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Dallas Heights Subdivision

Building Details

  • Operating Expense $5,840
  • Gross Income $23,340
  • Net Operating Income $17,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,523

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Standard Status: ActiveUnderContract
  • MLS Status: BumpableBuyer
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1975
  • Property Attached Yn: No
  • Open House: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Attached,Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, RVAccessParking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: owner
  • Association: No

Schools

  • Elementary School: Lyle
  • High School: Dallas
  • Middle Or Junior School: Lacreole

Lot Info

  • Zoning: RM
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 128773

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2523.12
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.21
  • Annual Gross Income: 23340.0
  • Property Net Operating Income: 17500.0
  • Annual Operating Expense: 5840.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,523 $184,210 $56,620 $127,590
2024 $2,523 $178,850 $54,970 $123,880
2023 $2,426 $173,650 $53,370 $120,280
2022 $2,363 $168,600 $51,820 $116,780
2021 $2,298 $163,690 $50,310 $113,380
2020 $2,232 $158,930 $48,850 $110,080
2019 $2,168 $154,310 $47,420 $106,890
2018 $2,162 $149,820 $46,040 $103,780
2017 $2,077 $145,460 $44,690 $100,770
2016 $2,090 $141,230 $43,390 $97,840
2015 -- $137,120 $42,120 $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2025 03/29/25 For Sale $425,000 0.0% $260 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $425,000 +113.0% $260 / Sq Ft
02/24/2016 02/24/16 Sold $199,500 0.0% $122 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $199,500 -- $122 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $199,500 First American Title
Quit Claim Deed -- First American Title
Warranty Deed $160,000 First American Title
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 256251882

Regional Multiple Listing Service (RMLS)

APN: 128773