1484 Falcon LOOP Independence, OR97351
$495,000
2 total units
8 total bedrooms
6 total bathrooms
$33,480 annual income
Capitilization Rate: 4.40
2453 total sq. ft
5,000 to 6,999 SqFt
Middle School: Talmadge
Zoning: RH
862 days on market
VestorFilter™
Price per unit$247.5K/unit
Price per ft²$201.79/ft²
Price per acre$4.21M/ac
Price per bedroom$61.9K/bed
Time on market862 days
Property Description
Well managed duplex with great location near Western Oregon University. 4 bedroom and 2 1/2 baths per unit. Do not disturb tenants. Interior inspection available after written offer. Rents are below market. Current CAP rate of 4.3. Increasing rents to current market would create an estimated CAP rate of 5.3.
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Financial Data
Date Sold2021-12-29
Sold Price$495,000
Original Price$499,000
Current Price$495,000
Property Taxes$4,838
Find On Map
Home Facts
StatusSold
Year Built2004
Exterior Features
MLS ID21425077
Unit Details
Unit 1
Unit 2