Sold
Last Sold Price
15 baths
1410 SW Washington St, Albany, OR 97321
Multi FamilyProperty Type
0.43 acresLot Size
1950Year Built

Description

Sale fail at no fault to seller - this amazing opportunity is back on market: 15 studio units renting at up to $1025 per unit! Updated rent roll will show it is 93% rented as of June 1st. Brand new 15k commercial water heater. Plumbing fully updated in July of 2021. Newer electrical, roof, and hardiplank siding. New flooring and paint in most of the units. Ideally located close to public transportation, shopping, and schools. 2nd story is entirely untapped potential. Cash or conventional offers only.Sale fail at no fault to seller - this amazing opportunity is back on market: 15 studio units renting at up to $1025 per unit! Updated rent roll will show it is 93% rented as of June 1st. Brand new 15k commercial water heater. Plumbing fully updated in July of 2021. Newer electrical, roof, and hardiplank siding. New flooring and paint in most of the units. Ideally located close to public transportation, shopping, and schools. 2nd story is entirely untapped potential. Cash or conventional offers only.
  • Listed by: TIM RIST 541.250.1065 tim.rist@dore.llc Brokerage DRE #201250263 • DORE
Listing closed: 09/15/2022 12:00 AM • Source: Willamette Valley MLS, MLS#: 789519

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Recent comparable sales

Median sold price

$1,200,000

Avg days on market

103

Sale-to-list ratio

86.8%

Albany, OR

9 comparable properties found

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Location

Listing Courtesy of DORE

Sold By EXP REALTY, LLC

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$8,747 per month

30 year fixed, 7.03% Interest

Principal and Interest

$7,954

Property Taxes

$792

HOA Dues

$0

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Property Information for 1410 Southwest Washington Street

Property Details
  • Taxes: $9,507 / year
  • MLS Type: Residential Income / Multi Family
  • County: Linn County
  • Subdivision Name: Central Add
Building Information
  • Year Built: 1950
  • Lot Size: 0.43 AC / 18,750 SF
Summary
Location and General Information
  • Directions: From 99E, head north on Washington St SW, property will be on the west side of the street.
  • Latitude: 44.62636
  • Longitude: -123.108245
Taxes and HOA
  • Association: No
  • Tax Annual Amount: $9,507.00
  • Tax Block: 5
  • Tax Lot: 145
  • Tax Year: 2014
Property
Lot Information
  • Lot Size Acres: 0.48
  • Lot Size Dimensions: 125x150
  • Lot Size Square Feet: 18750.0
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1950
Building Features
  • Construction Materials: Cedar, Fiber Cement, Lap Siding
  • Roof: Composition
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Total Bathrooms: 15
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Natural Gas
  • Has Heating: Yes
  • Flooring: Carpet, Vinyl
  • Has Spa: No
  • Water Heater: Gas
Multi Family
Income & Expenses
  • Gross Scheduled Income: $145,541
  • Insurance Expense: $1,662
  • Net Operating Income: $91,926

Property History for 1410 Southwest Washington Street

DateEvent & SourcePriceAppreciation
Sep 15, 2022

Sold

Willamette Valley MLS #789519

$1,490,000—
Sep 9, 2022

Sold (Public Record)

Public Record #1497177292

$1,490,000

+11.9% / yr

Mar 8, 2022

Listed (Active)

Willamette Valley MLS #789519

$1,500,000—
DateEvent & SourcePrice
09/15/2022

Sold

Willamette Valley MLS #789519

$1,490,000
09/09/2022

Sold (Public Record)

Public Record #1497177292

$1,490,000

+11.9% / yr

03/08/2022

Listed (Active)

Willamette Valley MLS #789519

$1,500,000

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

Public Records for 1410 Southwest Washington Street

Taxable ValueLand-Additions-Total-
Tax Record2025$13,387 ($1,116 / month)
Home Facts
Total Finished SqFt6,000 SqFtAbove Grade Finished SqFt6,000 SqFtStories1Lot Size18,731 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950Year Renovated1950ZoningOPCountyLINNAPN0140935

Schools near 1410 Southwest Washington Street

This home is within Greater Albany Public School District 8j.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Takena Elementary School
PublicK to 2

Central Elementary School
Public3 to 5

Memorial Middle School
Public6 to 8

West Albany High School
Public9 to 12

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.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DORE

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS IDX provided by Gregg Lane, Coldwell Banker Bain.