340 S Main St

Lebanon, OR 97355

$699,999
Price
4
Beds
4
Baths
3,349 Sq. Ft.
$209 / Sq. Ft.
3,349
Sq. Ft.
$209
per Sq. Ft.
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Description

7 unit complex conveniently located on the North side of town. 6 units are one bedroom / one bath, one unit is 2 bedroom 2 bath with laundry hookup. Units are 100% occupied rents and expenses with management reflect a Cap rate of 6.8% at asking price. No showings without accepted offer please do not contact tenants.7 unit complex conveniently located on the North side of town. 6 units are one bedroom / one bath, one unit is 2 bedroom 2 bath with laundry hookup. Units are 100% occupied rents and expenses with management reflect a Cap rate of 6.8% at asking price. No showings without accepted offer please do not contact tenants.
  1. Listed by LAURA GILLOTT • Brokerage DRE #201104127 • KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM • DIREC: 541-451-2211
  2. Listed by BILL FLESHER • Brokerage DRE #201104127 • KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM

Property Details for 340 South Main Street

Zoning
Z-Rh
LISTING UPDATED: 06/26/2026 11:36 AM

Property Details for 340 South Main Street

StatusActive
MLS #840732
Days on Market51
Taxes$4,565 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.24 AC / 10,454 SF
CountyLinn County
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Location

Listing Courtesy of KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM
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Building Information for 340 South Main Street

Stories-Residences7Year Built1938Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

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$3,869 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,488

Property Taxes

$380

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 340 South Main Street

Summary
Location and General Information
  • Cross Street: E Isabella St
  • Directions: N/A
  • Latitude: 44.54235
  • Longitude: -122.9073
  • MLS Area Major: _221
Taxes and HOA
  • Parcel Number: 0174033
  • Tax Annual Amount: $4,565.00
  • Tax Legal Description: 12S02W10AD
  • Tax Year: 2025
School Information
  • Middle Or Junior School: Seven Oak
Property
Lot Information
  • Lot Size Acres: 0.24
  • Lot Size Square Feet: 10454.0
Property and Assessments
  • Living Area: 3349.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1938
Building Features
  • Property Name: Main Street multi plex
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 7
  • Unit Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
Income & Expenses
  • Gross Income: $0
  • Net Operating Income: $50,733
  • Operating Expense: $.00
Unit Information
Unit 1
  • Actual Rent: $1,075.00
  • Baths Total: 1
  • Beds Total: 1
  • Sqft Total: 1075.0
  • Type: 1 Bedroom
Unit 2
  • Actual Rent: $845.00
  • Baths Total: 1
  • Beds Total: 1
  • Sqft Total: 342.0
  • Type: 1 Bedroom
Unit 3
  • Baths Total: 1
  • Beds Total: 1
  • Sqft Total: 324.0
  • Type: 1 Bedroom
Unit 4
  • Baths Total: 1
  • Beds Total: 1
  • Sqft Total: 324.0
  • Type: 1 Bedroom
Rental
Rent Information
  • Rent Includes: None

Property History for 340 South Main Street

DateEvent & SourcePriceAppreciation
Jun 1, 2026

Price Change

RMLS #182836341

$699,999—
Jun 1, 2026

Price Change

Willamette Valley MLS #840732

$699,999—
May 18, 2026

Price Change

RMLS #182836341

$734,999—
DateEvent & SourcePrice
06/01/2026

Price Change

RMLS #182836341

$699,999
06/01/2026

Price Change

Willamette Valley MLS #840732

$699,999
05/18/2026

Price Change

RMLS #182836341

$734,999

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

Public Records for 340 South Main Street

Taxable ValueLand-Additions-Total-
Tax Record2025$4,565 ($380 / month)
Home Facts
Stories1Lot Size10,454 SqFtStyleMulti-Family Res (5+ Units)Year Built1938CountyLINNAPN12S 02W 10AD 06300Fireplace TypeHas Fireplace

Schools near 340 South Main Street

This home is within Lebanon Community School District 9.
Rating
School
Type
Grades
Distance
Green Acres School
Public - K to 6
Seven Oak Middle School
Public - 6 to 8
Lebanon High School
Public - 9 to 12
Santiam Academy
Public - K to 8
Rating
School
Distance
Green Acres School
PublicK to 6

Seven Oak Middle School
Public6 to 8

Lebanon High School
Public9 to 12

Santiam Academy
PublicK to 8

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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More information about 340 South Main Street, Lebanon, OR 97355

340 South Main Street is a multi-family home for sale in Lebanon, OR 97355. This property was listed for sale on May 7, 2026 by KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM, it's currently listed at $699,999. It has been on the market for a total of 51 days and was last sold on May 9, 2022. This listing's school district is Lebanon Community School District 9. Nearby schools include Green Acres School, Seven Oak Middle School and Lebanon High School. 340 South Main Street is a 4-bed, 4-bath, 3,349 sqft multi-family home built in 1938.

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 KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM

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.