Back on the market and ready for a new owner! Here's a solid investment opportunity in the charming town of Merrill, Oregon. This rare duplex offers two separate units, each with its own address and layout.
425 W 1st St (3 Bed / 1 Bath): This larger unit features three bedrooms, a recently remodeled bathroom, and a comfortable living space with two fireplaces. You'll also find a spacious mudroom, dedicated laundry room, cozy living area, and a fenced backyard ideal for outdoor use or gardening.
131 N Polk St (2 Bed / 1 Bath): This unit offers two bedrooms, one bathroom, and convenient garage access. The interior has an unexpectedly spacious feel with two separate living areas, allowing flexibility for tenants, guests, or home office space.
Recent improvements include a new roof (2013), updated energy-efficient windows (2014), fresh exterior paint (2022), and new flooring in the two-bedroom unit. The property is currently fully occupied, making this a great investment opportunity.
Active
$284,000
425 W 1st St, Merrill, OR 97633
5beds
3,349sqft
Duplex, Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$85/sqft
$-- HOA
What's special
- 361 days |
- 328 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Fairfield Realty 541-238-5532
Source: Oregon Datashare,MLS#: 220198381
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Oil, Zoned
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Range, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate, Vinyl
- Windows: Vinyl Frames
- Has fireplace: Yes
- Fireplace features: Electric
- Common walls with other units/homes: No One Above,No One Below
Interior area
- Total structure area: 3,349
- Total interior livable area: 3,349 sqft
Property
Parking
- Parking features: Asphalt, Driveway, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.31 Acres
Details
- Additional parcels included: 4110-002DD-06200 Multifamily home spans two parcels
- Parcel number: R121674
- Zoning description: R- Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Merrill
HOA
- Has HOA: No
Location
- Region: Merrill
Financial & listing details
- Price per square foot: $85/sqft
- Tax assessed value: $366,480
- Annual tax amount: $1,714
- Date on market: 1/12/2026
- Cumulative days on market: 361 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,126/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Listed for sale | $284,000$85/sqft |
Source: | ||
| 10/7/2025 | Pending sale | $284,000$85/sqft |
Source: | ||
| 3/29/2025 | Listed for sale | $284,000-0.1%$85/sqft |
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| 10/12/2024 | Listing removed | $284,400$85/sqft |
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| 5/6/2024 | Price change | $284,400-0.2%$85/sqft |
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| 8/14/2023 | Price change | $284,900-3.4%$85/sqft |
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| 7/13/2023 | Price change | $294,900-1.7%$88/sqft |
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| 6/9/2023 | Price change | $299,900-1.6%$90/sqft |
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| 5/26/2023 | Price change | $304,900-1.6%$91/sqft |
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| 4/27/2023 | Listed for sale | $309,900+5.4%$93/sqft |
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| 3/2/2023 | Listing removed | $293,900$88/sqft |
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| 10/24/2022 | Listed for sale | $293,900$88/sqft |
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| 10/19/2022 | Pending sale | $293,900$88/sqft |
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| 10/13/2022 | Price change | $293,900-3.6%$88/sqft |
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| 9/27/2022 | Price change | $305,000-3.2%$91/sqft |
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| 9/19/2022 | Price change | $315,000-3.1%$94/sqft |
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| 9/1/2022 | Listed for sale | $325,000+1525%$97/sqft |
Source: | ||
| 7/13/2018 | Listing removed | $775 |
Source: 1st Choice Property Management, Inc. Report a problem | ||
| 6/28/2018 | Price change | $775-8.8% |
Source: 1st Choice Property Management, Inc. Report a problem | ||
| 6/4/2018 | Listed for rent | $850+17.2% |
Source: 1st Choice Property Management, Inc. Report a problem | ||
| 3/5/2016 | Listing removed | $725 |
Source: 1st Choice Property Management Report a problem | ||
| 2/11/2016 | Price change | $725-8.8% |
Source: 1st Choice Property Management Report a problem | ||
| 1/27/2016 | Price change | $795+6% |
Source: 1st Choice Property Management Report a problem | ||
| 12/22/2015 | Listed for rent | $750 |
Source: 1st Choice Property Management Report a problem | ||
| 8/13/2012 | Sold | $20,000-79.8%$6/sqft |
Source: | ||
| 7/23/2011 | Listing removed | $99,000$30/sqft |
Source: Visual Tour #77934 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,630 -0.1% | $128,790 +3% |
| 2023 | $1,631 +2.8% | $125,040 +3% |
| 2022 | $1,587 +3.3% | $121,400 +3% |
| 2021 | $1,537 +3.2% | $117,870 +3% |
| 2020 | $1,490 +6.9% | $114,440 +3% |
| 2019 | $1,394 +3% | $111,110 +3% |
| 2018 | $1,353 | $107,880 +3% |
| 2017 | $1,353 +30.4% | $104,740 +3% |
| 2016 | $1,038 | $101,690 +3% |
| 2015 | $1,038 -20.1% | $98,730 +8.6% |
| 2014 | $1,298 +10% | $90,900 +1.5% |
| 2013 | $1,180 | $89,600 +4.2% |
| 2012 | -- | $85,990 -10.3% |
| 2011 | $1,183 -36.8% | $95,860 -37.1% |
| 2010 | $1,870 -0.1% | $152,280 +6.1% |
| 2009 | $1,872 +5.1% | $143,550 +3% |
| 2008 | $1,781 +3.1% | $139,370 -19.4% |
| 2007 | $1,729 +8% | $172,853 +8% |
| 2006 | $1,600 | $159,985 +24.1% |
| 2004 | -- | $128,910 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97633
Nearby schools
GreatSchools rating
- 4/10Merrill Elementary SchoolGrades: K-6Distance: 0.1 mi
- 6/10Lost River High SchoolGrades: 7-12Distance: 5.2 mi
Schools provided by the listing agent
- Elementary: Merrill Elem
- High: Lost River High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Klamath County
- Merrill
- 97633
- 425 W 1st St






