Excellent investment opportunity! This well-maintained fourplex is located just a few blocks from historic downtown Independence. Each well-kept unit offers 2 bedrooms, 1 bathroom, and washer/dryer hookups. Low-maintenance landscaping, ample parking, a strong rental history, and low vacancy make this an outstanding investment. Two units are rented slightly below market rates, offering upside potential. Convenient to downtown, Hwy 22, Western Oregon University, and Salem.
For sale
Listed by: Homesmart Realty Group • BRIAN SMITH • Contact: Agent: 503-551-8510
$814,900
80-86 Boatlanding St, Independence, OR 97351
8beds
4baths
3,384sqft
Quadruplex
Built in 2003
-- sqft lot
$799,000 Zestimate®
$241/sqft
$-- HOA
What's special
Ample parkingLow-maintenance landscaping
- 32 days |
- 178 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
BRIAN SMITH Agent:503-551-8510,
Homesmart Realty Group
Source: WVMLS,MLS#: 843874
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Dining room
- Features: Area (Combination)
Heating
- Electric, Wall Furnace, Ductless/Mini-Split
Appliances
- Included: Dishwasher, Disposal, Electric Range, Range Included, Electric Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,384
- Total interior livable area: 3,384 sqft
Property
Parking
- Parking features: Open lot
Features
- Exterior features: Beige
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,712 Square Feet
- Features: Dimension Above, Landscaped
Details
- Zoning: RH
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- T111
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: 08421-DB-00500 01
HOA
- Has HOA: No
Location
- Region: Independence
Financial & listing details
- Price per square foot: $241/sqft
- Annual tax amount: $6,374
- Price range: $814.9K - $814.9K
- Date on market: 7/25/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: FHA,VA Loan,Cash,Conventional
- Total actual rent: 5695
Estimated market value
$799,000
$759,000 - $839,000
$1,525/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Listing removed | $1,450 |
Source: Zillow Rentals Report a problem | ||
| 7/25/2026 | Listed for sale | $814,900$241/sqft |
Source:  WVMLS #843874 Report a problem | ||
| 4/24/2026 | Price change | $1,450-7.9% |
Source: Zillow Rentals Report a problem | ||
| 4/14/2026 | Price change | $1,575-1.6% |
Source: Zillow Rentals Report a problem | ||
| 3/3/2026 | Price change | $1,600+6.7% |
Source: Zillow Rentals Report a problem | ||
| 2/9/2026 | Price change | $1,500+15.8% |
Source: Zillow Rentals Report a problem | ||
| 11/20/2025 | Listed for rent | $1,295 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97351
Nearby schools
GreatSchools rating
- 6/10Independence Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Talmadge Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Central High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Independence
- Middle: Talmadge
- High: Central
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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