Income property with possible development potential. Two duplexes located on .37 acre level lot in Woodburn. Four units, each two-bedroom, one-bath single level with ample parking. All units rented; a couple with long term tenants with below market rents. Range, refrigerator included. Washer/dryer hookup in kitchen. Tenants pay all utilities except for garbage on two units. Rent and actual income based on 10% rent increase effective 9/1/24. Possible opportunity to build additional units. Preliminary conversation with City of Woodburn, along with approved land use on 3rd st (see attached) suggest possible development opportunity. Buyer to do all due diligence on development.
Sold
Zillow last checked:
Listing updated:
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 24626528
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2025 | Sold | $650,000-7.1%$195/sqft |
Source:  RMLS (OR) #24626528 Report a problem | ||
| 11/19/2024 | Pending sale | $699,900$210/sqft |
Source: RMLS (OR) #24626528 Report a problem | ||
| 10/22/2024 | Price change | $699,900-12.4%$210/sqft |
Source: RMLS (OR) #24626528 Report a problem | ||
| 6/4/2024 | Listed for sale | $799,000$240/sqft |
Source: RMLS (OR) #24626528 Report a problem | ||
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Estimated market value
$663,500
