$400,000

2480 Sherman (-2500) St SE Albany, OR 97322

Sunrise Neighborhood

Estimated payment $2,532/month

Total Views 10,606
4 Beds
2 Baths
1,664 Sq Ft
$240 Price per Sq Ft

Highlights

  • Family Room with Fireplace
  • Fenced Yard
  • High Speed Internet
  • Territorial View
  • Zoned Heating
  • Dining Area

About This Home

This charming duplex presents a fantastic investment opportunity with long-term tenants already in place, ensuring steady rental income. The property features vaulted wood beam ceilings that add character. One side of the duplex is equipped with a gas fireplace, while the other boasts a cozy wood stove, offering unique living experiences for each tenant. Additionally, each unit comes with washer and dryer hookups in a large, one-car garage, adding convenience for the tenants. This well-maintained property is a perfect addition to any real estate portfolio. Don’t miss out on this income-generating gem! Ask about the 2 additional duplexes available right next door!

Listing Agent

Janel Hoffmann

JMG JASON MITCHELL GROUP License #200409197

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 1970

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • Family Room with Fireplace
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Lafayette Elementary School
  • Calapooia Middle School
  • South Albany High School

Utilities

  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Tax Lot 2

Community Details

Overview

  • 2 Units
  • Morningside Tracts South Subdivision

Building Details

  • Trash Expense $528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,652

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: This charming duplex presents a fantastic investment opportunity with long-term tenants already in place, ensuring steady rental income. The property features vaulted wood beam ceilings that add character. One side of the duplex is equipped with a gas fireplace, while the other boasts a cozy wood stove, offering unique living experiences for each tenant. Additionally, each unit comes with washer and dryer hookups in a large, one-car garage, adding convenience for the tenants. This well-maintained property is a perfect addition to any real estate portfolio. Don’t miss out on this income-generating gem! Ask about the 2 additional duplexes available right next door!
  • Cross Street: 24th
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Tenants Personal Property
  • Fireplace: Family Room
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 240.38
  • Price Per Sq Ft: 240.38

Exterior Features

  • Exterior Color: Light Blue
  • Fenced Yard: Yes
  • Foundation: Slab
  • Roof: Metal Or Aluminum
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Garbage: 528
  • Sewer: City

Schools

  • Elementary School: Lafayette
  • Middle School: Calapooia
  • High School: South Albany

Lot Info

  • Acres: 0.16
  • Estimated Lot Sq Ft: 6970
  • Lot: 2
  • Price Per Acre: 2500000
  • Zoning: RM
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 0115135
  • Tax Amount: 3652

Multi Family

  • Number Of Units: 2

MLS Schools

  • HighSchool: South Albany
  • Middle School: Calapooia
  • Elementary School: Lafayette

Map

Range of Values:

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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
02/14/2025 02/14/25 For Sale $400,000 -- $240 / Sq Ft
Source: Willamette Valley MLS

Similar Home in Albany, OR

  • 2448 Sherman (-2450) St SE, Albany, OR 97322

    $465,000

    • 4 Beds
    • 2 Baths
    • 1,456 Sq Ft
    • 2448 Sherman (-2450) St SE
    • Albany, OR

    Perfect for owner occupied, tenant only needs 30 day notice. All the hard work has been done! These 2 bed, 1 bath units have just been updated with new LVP flooring, carpet in bedrooms, kitchen & bath countertops, vinyl windows and interior paint. Ample parking in the driveway, 1 designated space and a 1 car garage with washer/dryer hookups. Set back off the street for some privacy. Owner pays

    Janel Hoffmann JMG JASON MITCHELL GROUP

    Section Image

Source: Willamette Valley MLS

MLS Number: 825526

Willamette Valley MLS