Sold
Last Sold Price
5 beds2 baths1,864 sqft
501 N Gun Club Rd, Independence, OR 97351
Multi FamilyProperty Type
0.24 acresLot Size
1976Year Built
$263/sq ftPrice per sq ft

Description

Investor opportunity! This updated single-story duplex in Independence features a 3/1 & 2/1 unit with no shared walls—separated by carports for added privacy. Both units offer open kitchen/dining areas, covered front patios, backyards, and outdoor-accessible storage. Upgrades include a roof, water heaters, flooring in the 3-bedroom unit, and sump pump. Conveniently located near schools, shopping, and restaurants, with gross potential rents higher than current. 24-hr showing notice req. Do not disturb...Investor opportunity! This updated single-story duplex in Independence features a 3/1 & 2/1 unit with no shared walls—separated by carports for added privacy. Both units offer open kitchen/dining areas, covered front patios, backyards, and outdoor-accessible storage. Upgrades include a roof, water heaters, flooring in the 3-bedroom unit, and sump pump. Conveniently located near schools, shopping, and restaurants, with gross potential rents higher than current. 24-hr showing notice req. Do not disturb tenant
  • Listed by: CIERA DALTON 888.814.9613 ciera.dalton@exprealty.com Brokerage DRE #201001030 • EXP REALTY, LLC
Listing closed: 03/17/2025 12:00 AM • Source: Willamette Valley MLS, MLS#: 824255

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Location

Listing Courtesy of EXP REALTY, LLC

Sold By EXP REALTY, LLC

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Payment Calculator

$2,918 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,616

Property Taxes

$302

HOA Dues

$0

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Property Information for 501 North Gun Club Road

Property Details
  • Taxes: $3,626 / year
  • MLS Type: Residential Income / Duplex
  • County: Polk County
  • Subdivision Name: Ash Brook Addition Ph. 1
  • Zoning: RM
  • Zoning Description: RM
Building Information
  • Residences: 2
  • Year Built: 1976
  • Lot Size: 0.24 AC / 10,649 SF
Summary
Location and General Information
  • Cross Street: Hoffman Rd
  • Directions: From Hoffman Road turn onto N Gun Club Rd. Property is on left.
  • Latitude: 44.857869
  • Longitude: -123.20577
Taxes and HOA
  • Tax Annual Amount: $3,626.00
  • Tax Block: 3
  • Tax Lot: 1
  • Tax Year: 2024
School Information
  • Elementary School: Ash Creek
  • High School: Central
  • Middle Or Junior School: Talmadge
Property
Lot Information
  • Lot Size Acres: 0.24
  • Lot Size Dimensions: 96x110
  • Lot Size Square Feet: 10649.0
Property and Assessments
  • Living Area: 1864.0
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1976
Building Features
  • Construction Materials: Lap Siding
  • Roof: Composition
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Patio And Porch Features: Covered, Patio
Interior Features
  • Appliances: Dishwasher, Electric Range
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Heating: Forced Air
  • Has Heating: Yes
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Laminate
  • Interior Features: High Speed Internet
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $32,953
  • Insurance Expense: $1,650
  • Net Operating Income: $23,134
Unit Information
Unit 1
  • Type: 3 Bedroom
  • Sqft Total: 952.0
  • Beds Total: 3
  • Baths Total: 1
  • Actual Rent: $1,400.00
Unit 2
  • Type: 2 Bedroom
  • Sqft Total: 912.0
  • Beds Total: 2
  • Baths Total: 1
  • Actual Rent: $1,100.00

Property History for 501 North Gun Club Road

DateEvent & SourcePriceAppreciation
Mar 17, 2025

Sold

Willamette Valley MLS #824255

$490,000—
Feb 3, 2025

Sold (Public Record)

Public Record #1801442392

$490,000—
Jan 19, 2025

In Contract

Willamette Valley MLS #824255

—
DateEvent & SourcePrice
03/17/2025

Sold

Willamette Valley MLS #824255

$490,000
02/03/2025

Sold (Public Record)

Public Record #1801442392

$490,000
01/19/2025

In Contract

Willamette Valley MLS #824255

—

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

Public Records for 501 North Gun Club Road

Taxable ValueLand$47,470Additions$158,700Total$206,170
Tax Record2025$3,763 ($314 / month)
Home Facts
Baths2Total Finished SqFt1,864 SqFtAbove Grade Finished SqFt1,864 SqFtStories1Lot Size10,454 SqFtStyleDuplexYear Built1976ZoningRMCountyPOLKAPN08420-DC-03100Fireplace TypeHas Fireplace

Schools near 501 North Gun Club Road

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
Ash Creek 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.

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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 EXP REALTY, LLC

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.