Discover a solid investment opportunity with this 2005-built, low-maintenance 3 beds, 2 baths per unit duplex. With a 6% capitalization rate, this property is designed for strong financial performance from day one. An annual gross income of $40,368 against estimated operating expenses of under $10k. With a standard 30% down payment, the net operating income covers the projected annual debt service, ensuring this asset remains cash-flow positive the moment you close escrow. This duplex represents a rare combination of immediate stability and long-term wealth building for the savvy investor.
Active
$498,000
613 Valley Heart Ln, Central Point, OR 97502
6beds
2,324sqft
Duplex, Multi Family
Built in 2005
-- sqft lot
$-- Zestimate®
$214/sqft
$100/mo HOA
What's special
- 11 days
- 252
- 14
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Professional Group 541-773-6868
Source: Oregon Datashare,MLS#: 220227277
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range
Features
- Breakfast Bar, Shower/Tub Combo
- Flooring: Carpet, Vinyl
- Windows: Double Pane Windows
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,324
- Total interior livable area: 2,324 sqft
Property
Parking
- Parking features: Assigned, Parking Lot
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Deck, Front Porch
- Has view: Yes
- View description: Territorial
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 10980166
- Zoning description: r3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Countryside Terrace
HOA
- Has HOA: Yes
- Amenities included: Landscaping
- HOA fee: $100 monthly
Location
- Region: Central Point
Financial & listing details
- Price per square foot: $214/sqft
- Tax assessed value: $416,590
- Annual tax amount: $4,549
- Date on market: 8/19/2026
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional
- Inclusions: dishwasher, range oven
- Exclusions: tenant property
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $498,000$214/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,438 +3.3% | $259,170 +3% |
| 2023 | $4,295 +2.4% | $251,630 |
| 2022 | $4,195 +2.9% | $251,630 +3% |
| 2021 | $4,075 +3% | $244,310 +6.1% |
| 2020 | $3,957 +2.5% | $230,300 +3% |
| 2019 | $3,859 | $223,600 +3% |
| 2018 | $3,859 +3.1% | $217,090 |
| 2017 | $3,742 +2.6% | $217,090 +6.1% |
| 2016 | $3,648 +3% | $204,640 |
| 2015 | $3,541 +4.4% | $204,640 +6.1% |
| 2014 | $3,393 +13.8% | $192,900 +5.8% |
| 2013 | $2,982 +10.6% | $182,380 +11% |
| 2012 | $2,696 -13.9% | $164,300 -12.3% |
| 2011 | $3,130 +2.7% | $187,290 +3% |
| 2010 | $3,049 +3% | $181,840 +3% |
| 2009 | $2,961 +2.2% | $176,550 +3% |
| 2008 | $2,898 +1.9% | $171,410 +3% |
| 2007 | $2,845 +3.3% | $166,420 +3% |
| 2006 | $2,754 +968.5% | $161,580 +969.4% |
| 2005 | $258 | $15,110 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97502
Nearby schools
Schools provided by the listing agent
- Elementary: Central Point Elem
- Middle: Scenic Middle
- High: Crater High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





