Bought with eXp Realty LLC
$767,300
$800,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
1028 N 3RD ST Woodburn, OR 97071
3,696 SqFt
Key Details
Sold Price $767,300
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,696 sqft
Price per Sqft $207
Subdivision Woodburn
MLS Listing ID 638231879
Sold Date 09/17/25
Year Built 1992
Annual Tax Amount $6,037
Lot Size 0.260 Acres
Property Description
Rare opportunity to acquire a fully occupied 4-unit multifamily property totaling 3,696 sq ft on a generous 11,326 sq ft lot. Each unit offers 924 sq ft of well-maintained living space, ideal for long-term rental stability. Located near downtown Woodburn and major commuter routes, this low-vacancy asset is poised for consistent cash flow with upside potential. Strong rental demand, separately metered units, and established tenancy make this an excellent addition to any investment portfolio. Updates include new roof, new paint and new siding as well as 80% replaced windows. Currently rented WELL under market. Listing agent has interest in ownership entity and is licensed in OR and WA.
Location
State OR
County Marion
Area _170
Zoning RM
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Exterior
Garage Spaces 4.0
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Level, Public Road, Trees
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Nellie Muir
Middle Schools Valor
High Schools Woodburn
Others
Acceptable Financing CallListingAgent, Cash, Contract, Conventional, LeaseOption
Listing Terms CallListingAgent, Cash, Contract, Conventional, LeaseOption
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