2202 FAIRVIEW AVEFairview, OR97024

$740,000
4 total units
$54,480 annual income
Capitilization Rate: 5.56
4032 sq. ft
SqFt15000to19999
Elementary School: Fairview
Middle School: Reynolds
High School: Reynolds
Zoning: RMF
608 days on market

VestorFilter™

Price per unit$185K/unit
Price per ft²$183.53/ft²
Time on market608 days

Property Description

Excellent opportunity to purchase an affordable 2-story 4-plex investment property! Great park-like setting has Fairview Creek running through! Excellent location near downtown Fairview, transportation, shopping, Handy Park & Marilyn Park, and Fairview Elementary School. Each unit has its own garage and private backyard area with patio, 2 bedrooms and 1.5 baths each. Many updates including vinyl windows. Fully rented.

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Financial Data

Date Sold2022-09-30
Sold Price$640,000
Original Price$740,000
Current Price$740,000
Property Taxes$6,126

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Home Facts

StatusSold
Year Built1974
Stories2
Exterior Features
MLS ID22452029

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4