$470,000
$50K PRICE DROP

785 E St Lebanon, OR 97355

Estimated payment $2,987/month

Total Views 5,662
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Territorial View
  • Garage
  • Heat Pump System
  • Corner Lot

About This Home

Welcome to this versatile duplex located in a quiet, desirable neighborhood in Lebanon. Each unit offers 2 beds & 1 bath, complete w/ individual laundry hookups for added convenience & 1 car garage. The property features a fenced yard—perfect for outdoor enjoyment or pets. A standout feature is the detached building, which includes six 10x20 garage/storage spaces. These can be used for personal storage or present a fantastic opportunity for additional rental income. Whether you're looking for an investment property or a multi-family home, this property offers flexibility and potential.

Listing Agent

Sherri Gregory

Keller Williams Rlty Mid Wlmte License #970300073

Keller Williams Rlty Mid Wlmte

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,356

Year Built

  • Built in 1974

Lot Details

  • 0.28 Acre Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Plywood Siding Panel T1-11

Parking

  • Garage
  • Driveway

Schools

  • Greenacres Elementary School
  • Seven Oak Middle School
  • Lebanon High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Mini Split Heat Pump

Additional Features

  • Territorial Views
  • Washer and Dryer Hookup

Listing and Financial Details

  • Assessor Parcel Number 0203899

Community Details

Overview

  • 1,560 Units

Building Details

  • Operating Expense $22,252
  • Gross Income $27,600
  • Net Operating Income $17,895

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,356

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1974
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Brick,T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: CornerLot
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Ductless, HeatPump, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Greenacres
  • High School: Lebanon
  • Middle Or Junior School: Seven Oak

Lot Info

  • Zoning: RM
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.0
  • Parcel #: 0203899

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4356.19

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 1560
  • Gross Rent Multiplier: 17.03
  • Annual Gross Income: 27600.0
  • Property Net Operating Income: 17895.0
  • Annual Operating Expense: 22252.0

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

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
2024 $4,356 $207,290 -- --
2023 $4,215 $201,260 $0 $0
2022 $4,127 $195,400 $0 $0
2021 $3,979 $189,710 $0 $0
2020 $3,931 $184,190 $0 $0
2019 $3,734 $178,830 $0 $0
2018 $3,706 $173,630 $0 $0
2017 $3,618 $168,580 $0 $0
2016 $3,509 $163,670 $0 $0
2015 $3,417 $158,910 $0 $0
2014 $3,361 $154,290 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $470,000 -6.0% --
02/27/2025 02/27/25 Price Changed $499,900 -3.9% --
02/14/2025 02/14/25 For Sale $520,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $236,750 Fidelity Natl Title Co Of Or
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 490560533

Regional Multiple Listing Service (RMLS)

APN: 0203899