A rare opportunity to complete a 4-plex in the highly desirable Willamette area of West Linn! Currently under construction, this property offers an investor, builder, or owner-user the chance to step into a project where much of the upfront work has already been completed.All county plans and permits have been approved, with plumbing and electrical already in place. The property features four separate 2-bedroom units, a detached garage with additional storage, RV parking, and an RV hookup.Per seller, approximately $300,000 in additional investment is estimated to complete the project, with projected rents of approximately $2,000–$2,700 per unit per month once finished.An exciting opportunity to finish, customize, and create a strong income-producing property in one of West Linn’s most desirable areas, close to parks, riverfront recreation, shopping, dining, and Historic Willamette.Buyer to perform their own due diligence.
Active
$699,900
2325 5th Ave, West Linn, OR 97068
8beds
4,063sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$172/sqft
$-- HOA
What's special
Rv parkingRv hookup
- 7 days
- 844
- 44
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Leona Mullen 971-712-6959,
Matin Real Estate
Source: RMLS (OR),MLS#: 792946582
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Heat Pump
Cooling
- Air Conditioning Ready
Appliances
- Included: Electric Water Heater
Features
- Flooring: Wood
- Basement: Separate Living Quarters Apartment Aux Living Unit,Unfinished
Interior area
- Total structure area: 4,063
- Total interior livable area: 4,063 sqft
Property
Parking
- Parking features: Detached, RV Access/Parking
Features
- Stories: 3
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Features: Gentle Sloping, Level, SqFt 10000 to 14999
Details
- Parcel number: 00748533
- Zoning: R-10
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: West Linn
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $418,768
- Annual tax amount: $2,629
- Date on market: 9/3/2026
- Listing terms: Cash
- Road surface type: Concrete, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $699,900+1358.1%$172/sqft |
Source:  RMLS (OR) #792946582 Report a problem | ||
| 4/29/1998 | Sold | $48,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,629 +3.9% | $136,438 +3% |
| 2024 | $2,531 +2.8% | $132,465 +3% |
| 2023 | $2,461 -47.6% | $128,607 -47.6% |
| 2022 | $4,695 +5.3% | $245,403 +3% |
| 2021 | $4,457 -0.7% | $238,256 +3% |
| 2020 | $4,487 +4.9% | $231,317 +3% |
| 2019 | $4,279 +8.6% | $224,580 +6.9% |
| 2018 | $3,940 | $210,148 +3% |
| 2017 | $3,940 +6.8% | $204,027 +3% |
| 2016 | $3,689 | $198,084 +3% |
| 2015 | $3,689 +2.9% | $192,315 +3% |
| 2014 | $3,584 +6.4% | $186,714 +3% |
| 2013 | $3,368 +2.3% | $181,276 +3% |
| 2012 | $3,293 +4.2% | $175,996 +3% |
| 2011 | $3,161 +2.3% | $170,870 +3% |
| 2010 | $3,089 +3.5% | $165,893 +3% |
| 2009 | $2,983 +6.7% | $161,061 +3% |
| 2008 | $2,795 +2% | $156,370 +3% |
| 2007 | $2,740 +0.6% | $151,816 +3% |
| 2006 | $2,724 +4.1% | $147,394 +3% |
| 2005 | $2,615 +3.5% | $143,101 +3% |
| 2004 | $2,527 +5.9% | $138,933 +3% |
| 2003 | $2,386 +2.5% | $134,886 +3% |
| 2002 | $2,327 +3.8% | $130,957 +3% |
| 2001 | $2,241 +0.9% | $127,143 +3% |
| 2000 | $2,221 | $123,440 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Willamette
Nearby schools
Schools provided by the listing agent
- Elementary: Willamette
- Middle: Athey Creek
- High: West Linn
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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