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1080 5th St
WoodburnOR 97071

$799,000
for sale
Tools
Brochure
Size
3,328 Sq Ft.
interior
0.39 Acres
Exterior
Financial
$799,000
Change Currency
$240
Price Per Sqft
$4,906
Annual taxes
Listing Details
Multi Family
Property type
1965
Year Built
Nellie Muir
Schools
Nellie Muir
Elementary
French Prairie
Middle
Woodburn
High
9800131
Web Id
24626528
MLS ID
128
Days Posted

Description

1080 5th St,

Woodburn, OR 97071

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.

This is an Active listing.

Broker Office Phone Number: 503-645-7433

Copyright © 2024Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Open Carpark
  • Composition Shingle Roof
  • Off Street Available

Price History

datepricevariancetype
6/4/2024$799,000-Listed
Listing By: John L. Scott via Data Source: Regional Multiple Listing Services 
listing agent: Nanci Egan


Located at 1080 5th St, Woodburn, Oregon 97071, this Multi Family is for Sale with a price of $799,000 USD. The property was built in 1965,. This listing has 3,328 Sq.Ft. of interior space on a lot of .39 Acres. See all Homes for Sale in Woodburn.
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