$450,000
OPEN SAT 11AM - 1PM $75K PRICE DROP

Estimated payment $2,738/month

Total Views 5,969
-- Bed
-- Bath
2,118 Sq Ft
$212 Price per Sq Ft

Highlights

  • Seasonal View
  • No HOA
  • High Speed Internet
  • Corner Lot
  • 2 Car Detached Garage
  • Wood Siding

About This Home

Charming Unique Duplex with seller incentives towards an interest rate buy down and an assumable loan option! Subsidize your mortgage with potential rental income, is a great multi-generational property or investment property in the Four Corner's neighborhood!Located on a spacious 0.25-acre corner lot, featuring two 1-bedroom, 1-bath units, each with 980 sqft. Home on Macleay has potential extra living space within existing attic area. The Eldin home includes a spacious sunroom for extra living space and natural light! Both homes have their own designated address, private yards with storage, and a fire place or fireplace stove. Updates throughout both homes include new quarts counter tops, tile back splash, stainless steel appliances, tiled bathroom, fresh paint and more. The property includes a detached oversized garage plus spacious driveways for both homes, providing ample parking!Conveniently located near HWY 22, and I-5. This unique opportunity offers easy access to amenities, schools and highway access, while situated on a private road with seasonal views.

Listing Agent

La Tricia Bollier

John L. Scott Portland Central Brokerage Email: neportland@johnlscott.com License #201008012

John L. Scott Portland Central

Co-Listing Agent

Joshua May

John L. Scott Portland Central Brokerage Email: neportland@johnlscott.com License #201254599

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 1948

Lot Details

  • 0.25 Acre Lot
  • Property fronts a private road
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,118 Sq Ft Home
  • 1-Story Property
  • Seasonal Views
  • Crawl Space

Schools

  • South Salem High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 549041

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $2,714
  • Gross Income $17,400
  • Net Operating Income $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,713

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1948
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: Yes
  • Special Features: 4097
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage,IndividualStorageUnits
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter, PillarPostPier
  • View: Yes
  • Lot Features: CornerLot, Level, PrivateRoad, Seasonal
  • Road Surface Type: Gravel, Paved
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Parking Description: Detached, Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • High School: South Salem
  • Middle Or Junior School: Other

Lot Info

  • Zoning: RS
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 549041

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: CableTV, MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2712.98

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 25.86
  • Annual Gross Income: 17400.0
  • Property Net Operating Income: 16000.0
  • Annual Operating Expense: 2714.0

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 $2,713 $153,800 -- --
2023 $2,567 $149,330 $0 $0
2022 $2,413 $144,990 $0 $0
2021 $2,391 $140,770 $0 $0
2020 $2,321 $136,670 $0 $0
2019 $2,338 $132,690 $0 $0
2018 $2,282 $0 $0 $0
2017 $1,826 $0 $0 $0
2016 $1,750 $0 $0 $0
2015 $1,731 $0 $0 $0
2014 $1,580 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Price Changed $450,000 0.0% $212 / Sq Ft
04/23/2025 04/23/25 Price Changed $450,000 -10.0% $212 / Sq Ft
04/03/2025 04/03/25 Price Changed $500,000 0.0% $236 / Sq Ft
04/03/2025 04/03/25 Price Changed $500,000 -4.8% $236 / Sq Ft
03/06/2025 03/06/25 For Sale $525,000 0.0% $248 / Sq Ft
02/20/2025 02/20/25 For Sale $525,000 +38.9% $248 / Sq Ft
09/02/2021 09/02/21 Sold $378,000 0.0% $178 / Sq Ft
07/28/2021 07/28/21 Price Changed $378,000 -0.5% $178 / Sq Ft
06/18/2021 06/18/21 For Sale $380,000 -- $179 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $378,000 Amerititle
Warranty Deed $205,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $371,153 FHA
Closed $371,153 FHA
Previous Owner $164,000 New Conventional
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 121202344

Regional Multiple Listing Service (RMLS)

APN: 549041