2,203 Sq. Ft.
$199 / Sq. Ft.
2,203
Sq. Ft.
$199
per Sq. Ft.

Description

Welcome to this historic gem in downtown Independence. Built in the 1880's by the local tack and saddle merchant it went on to be owned by a local barber and a Justice of the Peace. This 3BR/2BA + office home boasts over 2000 SF and is two blocks from Main Street where Fourth of July festivities, outdoor summer concerts, Farmers & Saturday markets, & other local celebrations take place. Within blocks of breweries, coffee shops, the library, yoga, Pilates, the Willamette River and locally owned shops....Welcome to this historic gem in downtown Independence. Built in the 1880's by the local tack and saddle merchant it went on to be owned by a local barber and a Justice of the Peace. This 3BR/2BA + office home boasts over 2000 SF and is two blocks from Main Street where Fourth of July festivities, outdoor summer concerts, Farmers & Saturday markets, & other local celebrations take place. Within blocks of breweries, coffee shops, the library, yoga, Pilates, the Willamette River and locally owned shops. Independence is one hour from the Oregon Coast, less than two hours to the Deschutes National Forest, and still provides easy access to Salem, Portland, Corvallis and Eugene and yet maintains an affordable housing market. In the last five years the current owners have had a new heat pump, additional fans in the upstairs duct work, mini-splits downstairs, water heater, Trex decking, a new exterior shed on skids, fencing, new bathroom sinks, and upgraded appliances installed. New interior paint has been applied throughout, including numerous murals by a local artist. Owners are currently using spacious master bedroom as their work from home space. In 2021 a new vapor barrier and floor joists were added under the living room to bring it up to current code. Exterior paint has been mostly completed and continues to be applied. This corner lot has great curb appeal and has been landscaped by a certified master gardener. The north facing bed features native and drought resistant planting. The front raised beds are ideal for vegetable gardening and have a drip system installed via hose for easy maintenance. The front yard features Kurapia, a drought resistant, low maintenance ground cover. 111 S Third Street is not just a home, it’s a lifestyle that combines history with modern amenities and ease of living as well as an escape from urban living with access to all of the essentials of day-to-day life! It's a great value at less than $200/sf.
  1. Listed by Rebecca Fetters • Owl's Nest Realty • 971-221-3175

Property Details for 111 South 3rd Street

Style
Stories2, Cottage
Subdivision
Partition Plat 1996-0002
Parking Features
On Street
Zoning
RS
Garage Spaces
.00
Parking Total
.00
LISTING UPDATED: 04/01/2026 12:17 AM

Property Details for 111 South 3rd Street

StatusActive
MLS #292004966
Days on Market1
Taxes$3,239 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1888
Lot Size0.11 AC / 4,791 SF
CountyPolk County

Location

Listing Courtesy of Owl's Nest Realty
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Building Information for 111 South 3rd Street

Stories2Year Built1888Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$2,393 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,123

Property Taxes

$270

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 111 South 3rd Street

Summary
Location and General Information
  • Country: US
  • Directions: Third Street x B Street, Two blocks west of Main Street
  • Road Surface: Paved
School Information
  • Elementary School: Independence
  • High School: Central
  • Middle Or Junior School: Talmadge
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $3,238.77
  • Parcel Number: 203333
  • Tax Legal Description: Partition Plat 1996 - 0002 PARCEL 1
Property
Lot Information
  • Acres: 0.11
  • Lot Description: Corner Lot, Level
  • Lot Size Square Feet: 4791.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
  • SqFt Source: Tax Rolls
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Community
  • Property Condition: Updated Remodeled
  • Year Built: 1888
Utilities
  • Cooling Description: Heat Pump, Mini Split
  • Fuel Description: Electricity
  • Heating Description: Forced Air, Heat Pump, Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Community
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Exterior Features: Deck, Fenced, Outdoor Fireplace, Porch, Tool Shed
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Window Features: Vinyl Frames
  • Fireplace Description: Gas
  • Fireplaces Total: 1
  • Interior Features: Hardwood Floors, Luxury Vinyl Plank, Wood Floors
  • SqFt Calculated: 2203
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 1134
  • SqFt Upper Level Total: 1069
  • Bedrooms Total: 3
  • Stories: 2
  • Baths Total: 2.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Level: Upper
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Level: Upper
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Level: Upper
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Kitchen Dining Room Combo
  • Dining Room Level: Main
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Range, Free Standing Refrigerator, Range Hood, Stainless Steel Appliance
  • Kitchen Room Features: Dishwasher, Disposal, Eating Area, Gas Appliances, Hardwood Floors, Kitchen Dining Room Combo
  • Kitchen Room Additional Features: Free Standing Range, Free Standing Refrigerator
  • Kitchen Room Level: Main
Living Room
  • Room Description: Living Room
  • Living Room Features: Builtin Features, Fireplace
  • Living Room Level: Main
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 1
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 1.0
  • Bathrooms Full: 2
  • Baths Partial: 0
  • Total Bathrooms: 2
  • Baths Upper Leve lFull: 1
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 1.0
Additional Room 1
  • Additional Room 1 Description: Office
  • Additional Room 1 Level: Main
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 2203

Property History for 111 South 3rd Street

DateEvent & SourcePriceAppreciation
Jan 22, 2021

Sold (Public Record)

Public Record #688126591

$326,805

+15.1% / yr

Mar 26, 2020

Sold (Public Record)

Public Record #665676940

$291,000
DateEvent & SourcePrice
01/22/2021

Sold (Public Record)

Public Record #688126591

$326,805

+15.1% / yr

03/26/2020

Sold (Public Record)

Public Record #665676940

$291,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 111 South 3rd Street

Taxable ValueLand$35,950Additions$141,510Total$177,460
Tax Record2025$3,239 ($270 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,203 SqFtAbove Grade Finished SqFt2,203 SqFtStories2Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1880Year Renovated1967ZoningRSCountyPOLKAPN08428-BA-07100Fireplace TypeGlas Log

Schools near 111 South 3rd Street

This home is within Central School District 13j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 11
Rating
School
Distance
Independence Elementary School
PublicK to 5

Talmadge Middle School
Public6 to 8

Central High School
Public9 to 12

Mid-Valley Christian Academy
PrivatePK to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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111 South 3rd Street is a single family home for sale in Independence, OR 97351. This property was listed for sale on March 31, 2026 by Owl's Nest Realty, it's currently listed at $437,500. It has been on the market for a total of 1 days and was last sold on January 22, 2021. This listing's school district is Central School District 13j. Nearby schools include Independence Elementary School, Talmadge Middle School and Central High School. 111 South 3rd Street is a 3-bed, 2-bath, 2,203 sqft single family home built in 1888.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Owl's Nest Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 04/01/2026 12:17 AM