Rare investment opportunity in the up and coming town of Sutherlin with cap rate of 6.6% and room to grow. Great location apartment complex with 10 units. Easy access off Central in Sutherlin w/plenty of parking. Any buyer could manage themselves to get that cap rate up or keep the current property manager making it run on its own. Includes extra adjacent lot for more parking or add'l units. Call the Planning Dept. for details on adding units.
Closed
$725,000
1119 W Central Ave, Sutherlin, OR 97479
--beds
0baths
4,700sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$154/sqft
$1,084 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,084/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC 888-814-9613
Bought with:
No Office
Source: Oregon Datashare,MLS#: 220156255
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Vinyl
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,700
- Total interior livable area: 4,700 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.46 Acres
Details
- Additional parcels included: R51662
- Parcel number: R51655
- Zoning description: C-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Sutherlin
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $1,525
- Annual tax amount: $996
- Date on market: 1/9/2024
- Cumulative days on market: 110 days
- Listing terms: Cash,Conventional
- Exclusions: Tenant Personal Property
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2024 | Sold | $725,000+3.7%$154/sqft |
Source:  Oregon Datashare #220156255 Report a problem | ||
| 1/15/2024 | Pending sale | $699,000$149/sqft |
Source:  RMLS (OR) #23395760 Report a problem | ||
| 1/8/2024 | Price change | $699,000-6.8%$149/sqft |
Source: RMLS (OR) #23395760 Report a problem | ||
| 11/27/2023 | Pending sale | $750,000$160/sqft |
Source: RMLS (OR) #23395760 Report a problem | ||
| 11/13/2023 | Price change | $750,000-6.1%$160/sqft |
Source: RMLS (OR) #23395760 Report a problem | ||
| 10/25/2023 | Price change | $799,000-6%$170/sqft |
Source: RMLS (OR) #23395760 Report a problem | ||
| 4/10/2023 | Pending sale | $850,000$181/sqft |
Source: RMLS (OR) #23395760 Report a problem | ||
| 3/30/2023 | Price change | $850,000-14.6%$181/sqft |
Source: RMLS (OR) #23395760 Report a problem | ||
| 2/8/2023 | Price change | $995,000+10.7%$212/sqft |
Source: Oregon Datashare #220156255 Report a problem | ||
| 11/22/2022 | Pending sale | $899,000$191/sqft |
Source: Oregon Datashare #220156255 Report a problem | ||
| 11/11/2022 | Listed for sale | $899,000+124.8%$191/sqft |
Source: Oregon Datashare #220156255 Report a problem | ||
| 11/16/2020 | Sold | $400,000$85/sqft |
Source:  RMLS (OR) #20444743 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | $2,905 +3.4% | $225,941 +5.2% |
| 2016 | $2,810 | $214,799 +7% |
| 2015 | $2,810 +6.7% | $200,747 |
| 2014 | $2,633 | $200,747 |
| 2013 | $2,633 -0.2% | $200,747 |
| 2012 | $2,639 -4.1% | $200,747 -3.8% |
| 2011 | $2,752 -1.1% | $208,777 -1% |
| 2010 | $2,782 -4.5% | $210,784 -3.9% |
| 2009 | $2,912 +2.6% | $219,361 +3% |
| 2008 | $2,839 +3.5% | $212,972 +3% |
| 2007 | $2,743 +3.7% | $206,769 +3% |
| 2006 | $2,644 -1% | $200,747 +0.1% |
| 2005 | $2,671 +7.9% | $200,529 +6.1% |
| 2003 | $2,476 +2.7% | $189,019 +3% |
| 2002 | $2,411 | $183,514 |
Find assessor info on the county website
Neighborhood: 97479
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Nearby schools
GreatSchools rating
- 3/10West Sutherlin Intermediate SchoolGrades: 3-5Distance: 0.3 mi
- 3/10Sutherlin Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Sutherlin High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: East Sutherlin Primary
- Middle: Sutherlin Middle
- High: Sutherlin High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Douglas County
- Sutherlin
- 97479
- 1119 W Central Ave
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