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.

{{ compliance-logo }}Listing Provided By Bella Casa Real Estate Group

Financial Data

Date Sold2021-12-29
Sold Price$495,000
Original Price$499,000
Current Price$495,000
Property Taxes$4,838

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Home Facts

StatusSold
Year Built2004
Stories2
Exterior Features
MLS ID21425077

Unit Details

Unit 1
Unit 2