Sold for $990,000

Listed by: Land And Wildlife Llc Tm, Exclusive Partner Of Landleader Tm • ASHLEY LACER • Contact: 541-231-7788

Bought with: Non-Member Sale

$990,000

4642 Riverview Ave, West Linn, OR 97068

8beds

6baths

3,351sqft

Multi Family

Built in 1942

-- sqft lot

$1,035,500 Zestimate^®

$295/sqft

$2,754 Estimated rent

Home value

$1,035,500

$953,000 - $1.13M

$2,754/mo

Zestimate^® history

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$2,754/mo

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$2,754/mo

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$6,074/mo

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$6,074/mo

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What's special

West linn high school

Welcome to the Mt. View Cottages, a rare public offering of a 6-unit apt complex that presents an opportunity to buy an established complex with strong in-place income & proven upside. 3 separate duplexes on one parcel. 3 units have recently been renovated. Exceptionally located, walking distance to Sunset Elementary, West Linn High School, & numerous parks and nature reserves. Current cap rate of +/-4.89% with proforma cap rate of +/-5.72%. (2) 562 SF 2bed/1bath units and (4) 557 SF 1bed/1bath units

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 6

Appliances

Included: Refrigerator
Laundry: Common Area

Features

Has fireplace: No

Interior area

Total structure area: 3,351
Total interior livable area: 3,351 sqft

Property

Features

Patio & porch: Deck

Lot

Size: 0.46 Acres

Details

Zoning: R-4.5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Composition

Condition

New construction: No
Year built: 1942

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: West Linn

Financial & listing details

Price per square foot: $295/sqft
Annual tax amount: $6,110
Price range: $990K - $990K
Date on market: 2/14/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Total actual rent: 6200

Price history

Date	Event	Price
10/27/2023	Sold	$990,000-13.9%$295/sqft
Source: WVMLS #809564 Report a problem
10/3/2023	Pending sale	$1,150,000$343/sqft
Source: RMLS (OR) #23373947 Report a problem
9/28/2023	Price change	$1,150,000-4.2%$343/sqft
Source: RMLS (OR) #23373947 Report a problem
9/15/2023	Listed for sale	$1,200,000+84.6%$358/sqft
Source: RMLS (OR) #23373947 Report a problem
3/28/2022	Listing removed	--
Source: Zillow Rental Network Premium_1 Report a problem
3/15/2022	Listed for rent	$1,250-7.4%
Source: Zillow Rental Network Premium_1 Report a problem
2/16/2022	Listing removed	--
Source: Zillow Rental Network Premium_1 Report a problem
1/6/2022	Listed for rent	$1,350+12.5%
Source: Zillow Rental Network Premium_1 Report a problem
3/17/2021	Listing removed	--
Source: Zillow Rental Network Premium_1 Report a problem
2/2/2021	Listed for rent	$1,200
Source: Zillow Rental Network Premium_1 Report a problem
10/30/2017	Sold	$650,000-6.5%$194/sqft
Source: RMLS (OR) #17237833 Report a problem
9/5/2017	Pending sale	$695,000$207/sqft
Source: Pounder Realty LLC #17237833 Report a problem
8/25/2017	Listed for sale	$695,000$207/sqft
Source: Pounder Realty LLC #17237833 Report a problem
8/11/2017	Pending sale	$695,000$207/sqft
Source: Pounder Realty LLC #17237833 Report a problem
7/17/2017	Listed for sale	$695,000$207/sqft
Source: Pounder Realty LLC #17237833 Report a problem
6/21/2017	Pending sale	$695,000$207/sqft
Source: Pounder Realty LLC #17237833 Report a problem
6/9/2017	Listed for sale	$695,000-7.3%$207/sqft
Source: Pounder Realty LLC #17237833 Report a problem
11/29/2016	Listing removed	$750,000$224/sqft
Source: Pounder Realty LLC #16367847 Report a problem
8/30/2016	Price change	$750,000-3.2%$224/sqft
Source: Pounder Realty LLC #16367847 Report a problem
6/15/2016	Price change	$775,000-6.1%$231/sqft
Source: Pounder Realty LLC #16367847 Report a problem
5/9/2016	Listed for sale	$825,000+179.7%$246/sqft
Source: Pounder Realty LLC #16367847 Report a problem
10/29/2014	Sold	$295,000$88/sqft
Source: Agent Provided Report a problem