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.
2 days
|
65
|
2
|
Zillow last checked:
Listing updated:
Listed by:
Brian Smith503-551-8510,
HomeSmart Realty Group
Source: RMLS (OR),MLS#: 596451471
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
Mini Split, Zoned
Cooling
Has cooling: Yes
Appliances
Included: Range, Refrigerator, Electric Water Heater
Features
Windows: Window Coverings
Basement: Crawl Space
Interior area
Total structure area: 338
Total interior livable area: 338 sqft
Property
Parking
Parking features: Off Street, Paved
Features
Stories: 2
Has view: Yes
View description: Territorial
Lot
Size: 8,712 Square Feet
Features: Level, SqFt 7000 to 9999
Details
Parcel number: 202266
Zoning: RH
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
T111 Siding
Foundation: Concrete Perimeter
Roof: Composition
Condition
Approximately
Year built: 2003
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
HOA
Has HOA: No
Location
Region: Independence
Financial & listing details
Price per square foot: $2,411/sqft
Annual tax amount: $6,374
Date on market: 8/21/2026
Listing terms: Cash,Conventional,FHA,State GI Loan,VA Loan