Last Sold Price
5 beds2 baths1,864 sqft$263/sqft
501 N Gun Club Rd, Independence, OR 97351

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
LISTING CLOSED: 03/17/2025 12:00 AM

    Property Details for 501 North Gun Club Road

    Status
    MLS #
    824255
    Days on Market
    70
    Taxes
    $3,626 / year
    HOA Fees
    -
    Condo/Co-op Fees
    -
    Property Type
    MLS Type
    Residential Income / Duplex
    Year Built
    1976
    Lot Size
    0.24 AC / 10,649 SF
    Subdivision Name
    Ash Brook Addition Ph. 1
    Zoning
    RM
    Zoning Description
    RM

    Recent comparable sales

    Median sold price

    $460,000

    Avg days on market

    92

    Sale-to-list ratio

    99.2%

    [Independence, OR]

    9 comparable properties found

    $450,000 | 1350 Picture Street, Independence, OR 97351
    1/21
    1

    $450,000

    Sold 09/18/24

    5
    Bedrooms
    1,620
    Square Feet
    0.19
    Acres
    a front view of house with yard and green space
    1/36
    2

    $377,500

    Sold 06/16/26

    5
    Bedrooms
    1,688
    Square Feet
    0.11
    Acres
    $435,000 | 1603 South 6th Street, Independence, OR 97351
    1/42
    3

    $435,000

    Sold 10/10/25

    5
    Bedrooms
    1,956
    Square Feet
    0.15
    Acres
    $460,000 | 1678 South 7th Street, Independence, OR 97351
    1/39
    4

    $460,000

    Sold 06/12/26

    5
    Bedrooms
    1,956
    Square Feet
    0.14
    Acres
    a view of house with yard and outdoor seating
    1/41
    5

    $470,000

    Sold 05/28/25

    4
    Bedrooms
    1,800
    Square Feet
    0.35
    Acres
    $460,000 | 234 South 7th Street, Independence, OR 97351
    1/46
    6

    $460,000

    Sold 04/09/25

    4
    Bedrooms
    1,758
    Square Feet
    0.24
    Acres
    $530,000 | 985 Sassafras Street, Independence, OR 97351
    1/38
    7

    $530,000

    Sold 06/23/25

    4
    Bedrooms
    1,673
    Square Feet
    0.12
    Acres
    $549,000 | 1055 Sassafras Street, Independence, OR 97351
    1/30
    8

    $549,000

    Sold 07/29/25

    4
    Bedrooms
    1,661
    Square Feet
    0.12
    Acres
    $392,500 | 840 Wild Rose Court, Independence, OR 97351
    1/38
    9

    $392,500

    Sold 07/31/26

    4
    Bedrooms
    1,834
    Square Feet
    0.10
    Acres

    Location

    Listing Courtesy of EXP REALTY, LLC

    Sold By EXP REALTY, LLC

    Add your commute

    Building Information for 501 North Gun Club Road

    Stories-Residences2Year Built1976Building Size-Lot Size0.24 AC / 10,649 SF

    Payment Calculator

    $2,793 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $2,491

    Property Taxes

    $302

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 501 North Gun Club Road

    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
    • Fireplace Features: Living Room, Wood Burning
    • Flooring: Laminate
    • Heating: Forced Air
    • Has Heating: Yes
    • 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
    • Actual Rent: $1,400.00
    • Baths Total: 1
    • Beds Total: 3
    • Sqft Total: 952.0
    • Type: 3 Bedroom
    Unit 2
    • Actual Rent: $1,100.00
    • Baths Total: 1
    • Beds Total: 2
    • Sqft Total: 912.0
    • Type: 2 Bedroom

    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 6, 2025

    Listed (Active)

    Willamette Valley MLS #824255

    $475,000
    DateEvent & SourcePrice
    03/17/2025

    Sold

    Willamette Valley MLS #824255

    $490,000
    02/03/2025

    Sold (Public Record)

    Public Record #1801442392

    $490,000
    01/06/2025

    Listed (Active)

    Willamette Valley MLS #824255

    $475,000

    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.

    Similar Homes

    New listings in 97351

    $395,000 | 195 Picture Street, Independence, OR 97351
    1/48

    $395,000

    4
    Bedrooms
    2,085
    Square Feet
    0.13
    Acres
    $514,900 | 1268 South 7th Street, Independence, OR 97351
    1/48

    $514,900

    5
    Bedrooms
    2,085
    Square Feet
    0.16
    Acres
    $399,900 | 528 South 7th Street, Independence, OR 97351
    1/40
    New Construction

    $399,900

    3
    Bedrooms
    1,588
    Square Feet
    0.06
    Acres
    $127,500 | 0 North Walnut Street, Independence, OR 97351
    1/5

    $127,500

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.16
    Acres
    $319,900 | 215 Polk Street, Independence, OR 97351
    1/38

    $319,900

    3
    Bedrooms
    1,056
    Square Feet
    0.15
    Acres
    a front view of a house with garden
    1/46
    Active Under Contract

    $399,900

    4
    Bedrooms
    2,305
    Square Feet
    0.11
    Acres
    front view of a house
    1/19

    $814,900

    8
    Bedrooms
    4
    Bathrooms
    3,384
    Square Feet
    0.2
    Acres
    a front view of a house with garden
    1/28
    Active Under Contract

    $329,000

    3
    Bedrooms
    1,012
    Square Feet
    0.19
    Acres
    $549,000 | 1369 South 10th Street, Independence, OR 97351
    1/47
    Active Under Contract

    $549,000

    4
    Bedrooms
    2,118
    Square Feet
    0.14
    Acres

    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 501 North Gun Club Road, Independence, OR 97351
    $490,000
    5
    2
    1,864
    10,649
    $395,000
    4
    2
    2,160
    8,800
    $229,900
    3
    1,847
    17,859
    $207,500
    4
    1,496
    15,246
    3
    2
    1,472
    8,712
    $289,000
    2
    1,512
    11,326

    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.