488 B St

Independence, OR 97351

$275,000
Price
2
Beds
560 Sq. Ft.
$491 / Sq. Ft.
560
Sq. Ft.
$491
per Sq. Ft.

Description

Cozy 2-bed, 1-bath home in the heart of Independence! This single-level residence offers 560 sq ft of efficient living on a nearly 5,000 sq ft lot, making it an excellent option for first-time buyers, investors, or those looking to downsize without sacrificing outdoor space. Inside, the space has everything you need for a simple and functional lifestyle—with a practical floorplan, open kitchen, and flexible living area that can adapt to your needs. The spacious yard provides room for gardening, entertaining,...Cozy 2-bed, 1-bath home in the heart of Independence! This single-level residence offers 560 sq ft of efficient living on a nearly 5,000 sq ft lot, making it an excellent option for first-time buyers, investors, or those looking to downsize without sacrificing outdoor space. Inside, the space has everything you need for a simple and functional lifestyle—with a practical floorplan, open kitchen, and flexible living area that can adapt to your needs. The spacious yard provides room for gardening, entertaining, or future personalization—whether it’s converting the tool shed into an outdoor kitchen or covered patio, developing the raised beds, or simply enjoying the green space. Located just blocks from Downtown Independence, this home puts you close to the Farmers Market, summer Concerts in the Park, and a variety of cafes, wine bars, and restaurants. The Willamette River and Riverview Park offer scenic views and easy access to community paths and green spaces. With low-maintenance layout, prime location, and versatile lot, this property also presents an excellent opp for Airbnb or short-term rental potential (buyer to verify local regulations). Whether you’re looking to settle in, simplify, or invest in a growing community, 488 B Street is worth a look.
  1. Listed by Elizabeth Boisvert • eXp Realty, LLC • 541-243-2547

Property Details for 488 B Street

Style
Stories1
Parking Features
Driveway, On Street
Zoning
RS
Garage Spaces
.00
Parking Total
.00
LISTING UPDATED: 01/08/2026 12:20 AM

Property Details for 488 B Street

StatusActive
MLS #212033721
Days on Market85
Taxes$1,351 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1960
Lot Size0.11 AC / 4,791 SF
CountyPolk County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 488 B Street

Stories1Year Built1960Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$1,453 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,340

Property Taxes

$113

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 488 B Street

Summary
Location and General Information
  • Country: US
  • Directions: S 4th St
  • Road Surface: Paved
School Information
  • Elementary School: Independence
  • High School: Central
  • Middle Or Junior School: Talmadge
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $1,351.04
  • Parcel Number: 203883
  • Tax Legal Description: 44.853247°/-123.190209°
Property
Lot Information
  • Acres: 0.11
  • Lot Description: Corner Lot, Trees
  • Lot Size Square Feet: 4791.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
  • SqFt Source: County
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 1960
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity
  • Heating Description: Forced Air, Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Exterior Features: Covered Deck, Outbuilding, Porch, Raised Beds, RVParking, RVBoat Storage, Storm Door, Tool Shed, Yard
  • Roof Type: Composition, Shingle
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Window Features: Double Pane Windows
  • Interior Features: Ceiling Fan, Cork Floor, Quartz
  • SqFt Calculated: 560
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 560
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 2
  • Stories: 1
  • Baths Total: 1.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Level: Main
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Level: Main
Dining Room
  • Room Description: Dining Room
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Dishwasher, Disposal, Free Standing Refrigerator
  • Kitchen Room Level: Main
Living Room
  • Room Description: Living Room
  • 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: 1
  • Baths Partial: 0
  • Total Bathrooms: 1
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Amenities
Amenities Information
  • Internet Service Type: Fiber Optics
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 560

Property History for 488 B Street

DateEvent & SourcePriceAppreciation
Feb 25, 2016

Sold (Public Record)

Public Record #566233238

$91,665—
DateEvent & SourcePrice
02/25/2016

Sold (Public Record)

Public Record #566233238

$91,665

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

Public Records for 488 B Street

Taxable ValueLand$32,170Additions$42,420Total$74,590
Tax Record2024$1,351 ($113 / month)
Home Facts
Beds2Baths1Total Finished SqFt560 SqFtAbove Grade Finished SqFt560 SqFtStories1Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated1978ZoningRSCountyPOLKAPN08428-BA-13700

Schools near 488 B Street

This home is within Central School District 13j.
Rating
School
Type
Grades
Distance
Independence Elementary School
Public - K to 5
Talmadge Middle School
Public - 6 to 8
Central High School
Public - 9 to 12
Mid-Valley Christian Academy
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

Similar Sold Homes

Explore Nearby Homes

More information about 488 B Street, Independence, OR 97351

488 B Street is a single family home for sale in Independence, OR 97351. This property was listed for sale on October 15, 2025 by eXp Realty, LLC, it's currently listed at $275,000. It has been on the market for a total of 85 days and was last sold on February 25, 2016. This listing's school district is Central School District 13j. Nearby schools include Independence Elementary School, Talmadge Middle School and Central High School. 488 B Street is a 2-bed, 1-bath, 560 sqft single family home built in 1960.

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 eXp Realty, LLC

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: 01/08/2026 12:20 AM