Multi-Family for Sale: 1080 5TH ST, Woodburn, OR 97071

3,328 sqft
$799,000
$799,000
1080 5TH ST, Woodburn, OR 97071
3,328 sqft
$799,000
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Price:
$799,000
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Type Multi-Family
Square Feet 3,328 sqft
Lot Size 0.39 acres
Year Built 1965
Taxes Paid $4,906
City Woodburn
Area 170 - Marion Co: Except Salem and Keizer
County Marion
School District Woodburn
MLS 24626528
Status Active
DOM 135 days
Income property with possible development potential. Two duplexes located on .37 acre level lot in Woodburn. Four units, each two-bedroom, one-bath single level with ample parking. All units rented; a couple with long term tenants with below market rents. Range, refrigerator included. Washer/dryer hookup in kitchen. Tenants pay all utilities except for garbage on two units. Rent and actual income based on 10% rent increase effective 9/1/24. Possible opportunity to build additional units. Preliminary conversation with City of Woodburn, along with approved land use on 3rd st (see attached) suggest possible development opportunity. Buyer to do all due diligence on development.

Room Features

Basement Description Crawl Space

Lot & Building Features

Heating Forced Air
Parking Description Off Street, Open
Sewer Public Sewer
Water Public Water
Water Heater Electricity

Community and Schools

Elementary School Nellie Muir
Junior High School French Prairie
Senior High School Woodburn

Unit Features

Unit Type 1 Actual Rent 1089
Unit Type 1 Area 832
Unit Type 1 Baths Total 1
Unit Type 1 Beds Total 2
Unit Type 1 Features Range, Washer/Dryer Hookup, Refrigerator
Unit Type 1 Units Total 1
Unit Type 2 Actual Rent 968
Unit Type 2 Area 832
Unit Type 2 Baths Total 1
Unit Type 2 Beds Total 2
Unit Type 2 Features Range, Washer/Dryer Hookup, Refrigerator
Unit Type 2 Units Total 1
Unit Type 3 Actual Rent 1210
Unit Type 3 Area 832
Unit Type 3 Baths Total 1
Unit Type 3 Beds Total 2
Unit Type 3 Features Range, Washer/Dryer Hookup, Refrigerator
Unit Type 3 Units Total 1
Unit Type 4 Actual Rent 968
Unit Type 4 Area 832
Unit Type 4 Baths Total 1
Unit Type 4 Beds Total 2
Unit Type 4 Features Range, Washer/Dryer Hookup, Refrigerator
Unit Type 4 Units Total 1

Price History of 1080 5TH ST, Woodburn, OR

Date Name Price Difference
06/04/2024 Listing Price $799,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Bob Blades
Bob Blades
REALTOR, Managing Broker
Direct: 541-490-0690
Office
65 NE Estes
White Salmon, WA 98672
509-493-1783
Listed by John L. Scott, Nanci Egan
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20%
0.61402002503129%
6.75%
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1080 5TH ST (MLS #24626528) is a multi-family listing located in Woodburn, OR. This multi-family listing is 3,328 sqft and on a lot of 16,988 sqft (or 0.39 acres) and is 59 years old. This property was listed on 06/04/2024 and has been priced for sale at $799,000.

Nearby zip codes are 97002, 97020, 97026, 97032 and 97211. This property neighbors other cities such as Donald, Gervais, Hubbard, Portland and Unknown.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: John L. Scott

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Pacific Rim Brokers are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.