Rare opportunity to acquire a fully occupied 4-unit multifamily property totaling 3,696 sq ft on a generous 11,326 sq ft lot. Each unit offers 924 sq ft of well-maintained living space, ideal for long-term rental stability. Located near downtown Woodburn and major commuter routes, this low-vacancy asset is poised for consistent cash flow with upside potential. Strong rental demand, separately metered units, and established tenancy make this an excellent addition to any investment portfolio. Updates include new roof, new paint and new siding as well as 80% replaced windows. Currently rented WELL under market. Listing agent has interest in ownership entity and is licensed in OR and WA.
Sold
$767,300
1028 N 3rd St, Woodburn, OR 97071
8beds
3,696sqft
Multi Family
Built in 1992
-- sqft lot
$757,700 Zestimate®
$208/sqft
$1,542 Estimated rent
Home value
$757,700
$697,000 - $818,000
$1,542/mo
Zestimate® history
Owner options
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$1,542/mo
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$4,594/mo
Est. payment
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List your homeWhat's special
New paintWell-maintained living spaceReplaced windowsNew roof
Zillow last checked:
Listing updated:
Listed by:
Paul Campbell 503-307-0769,
Epique Realty
Bought with:
Zulay Serrano, 201229295
eXp Realty LLC
Source: RMLS (OR),MLS#: 638231879
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- Partial bathrooms: 4
Heating
- Baseboard
Appliances
- Included: Dishwasher, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,696
- Total interior livable area: 3,696 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.26 Acres
- Features: Level, Trees, SqFt 10000 to 14999
Details
- Parcel number: 108501
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding, Wood Composite
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Satellite Internet Service
Community & neighborhood
Security
- Security features: None
Location
- Region: Woodburn
- Subdivision: Woodburn
HOA & financial
Other financial information
- Total actual rent: 4352
Other
Other facts
- Listing terms: Call Listing Agent,Cash,Contract,Conventional,Lease Option
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Sold | $767,300-4.1%$208/sqft |
Source:  RMLS (OR) #638231879 Report a problem | ||
| 8/13/2025 | Pending sale | $800,000$216/sqft |
Source: RMLS (OR) #638231879 Report a problem | ||
| 8/9/2025 | Listed for sale | $800,000$216/sqft |
Source: RMLS (OR) #638231879 Report a problem | ||
| 7/28/2025 | Pending sale | $800,000$216/sqft |
Source: RMLS (OR) #638231879 Report a problem | ||
| 7/17/2025 | Listed for sale | $800,000$216/sqft |
Source: RMLS (OR) #638231879 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97071
Nearby schools
GreatSchools rating
- 3/10Nellie Muir Elementary SchoolGrades: K-5Distance: 0.7 mi
- 1/10Woodburn SuccessGrades: 7-12Distance: 0.6 mi
- 2/10Valor Middle SchoolGrades: 6-8Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Nellie Muir
- Middle: Valor
- High: Woodburn
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$757,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$757,700
- Oregon
- Marion County
- Woodburn
- 97071
- 1028 N 3rd St
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