$2,100,000
SOLD JAN 14, 2025

2424 Main St Sweet Home, OR 97386

-- Bed
-- Bath
18,000 Sq Ft
0.98 Acres

Recently Sold

$117 Per Sq Ft

8% Below List Price

26 Days on Market

About This Home

As of January 2025

Investor Opportunity! All units are 2-bed/1-bath, 1000 sqft. Amenities include on-site laundry, 28 parking spots, dog park and community court yard. Five of the units have been fully renovated with new stainless-steel appliances, LVP flooring, paint, cabinets, and ceiling fans. Three (3) units have received new counters, while the remaining units have undergone small updates. Don't miss out on this high cash flow opportunity!

Last Agent to Sell the Property

Jared English

Congress Realty Brokerage Phone: 888-881-4118 License #200804165

Last Buyer's Agent

Sherri Gregory

Keller Williams Rlty Mid Wlmte License #970300073

Keller Williams Rlty Mid Wlmte

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,978

Year Built

  • Built in 1978

Lot Details

  • 0.98 Acre Lot

Parking

  • 28 Parking Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 18,000 Sq Ft Home
  • 2-Story Property

Schools

  • Foster Elementary School
  • Sweet Home Middle School
  • Sweet Home High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 0257390

Community Details

Building Details

  • Operating Expense $77,620
  • Gross Income $246,944
  • Net Operating Income $168,015

Additional Features

  • 18 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,978

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: Other
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 28.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Foster
  • High School: Sweet Home
  • Middle Or Junior School: Sweet Home

Lot Info

  • Zoning: C2
  • Lot Size Acres: 0.98
  • Lot Size Sq Ft: 42688.0
  • Parcel #: 0257390

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 16977.69

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 18
  • Gross Rent Multiplier: 9.29
  • Annual Gross Income: 246944.0
  • Property Net Operating Income: 168015.0
  • Annual Operating Expense: 77620.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold $2,100,000 -8.5% $117 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $2,295,000 -- $128 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24537982

Regional Multiple Listing Service (RMLS)

APN: 0257390

Oregon Linn County Sweet Home 97386

2424 Main St, Sweet Home, OR

Homes for Sale in Sweet Home, OR

This home is located at 2424 Main St, Sweet Home, OR 97386 and is currently priced at $2,100,000, approximately $116 per square foot. This property was built in 1978. 2424 Main St is a home located in Linn County with nearby schools including Sweet Home High School and Little Promises Children's Program.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.