625 E 5th Ave

Riddle, OR 97469

$435,000
Last Sold Price
—
Beds
—
Baths
2,194 Sq. Ft.
$198 / Sq. Ft.
2,194
Sq. Ft.
$198
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 3/17/25
Sold 3/17/25

Description

3 units on over 1 acre, already at market rents! $3800/mo in rental income! Units have been completely remodeled with vinyl plank floors, ductless heat pumps, granite counters, dishwashers, washer/dryer hook ups, and more. Each unit comes with detached storage shed and multiple parking spots! Room to expand, with plenty of parking! Conveniently located near schools and Riddle mills. Great investment or house hack (Live in one and rent the other 2)!3 units on over 1 acre, already at market rents! $3800/mo in rental income! Units have been completely remodeled with vinyl plank floors, ductless heat pumps, granite counters, dishwashers, washer/dryer hook ups, and more. Each unit comes with detached storage shed and multiple parking spots! Room to expand, with plenty of parking! Conveniently located near schools and Riddle mills. Great investment or house hack (Live in one and rent the other 2)!
  1. Listed by Shane Mast • Oregon Life Homes • 541-517-1749
  2. Listed by Kim Weaver • Oregon Life Homes

Property Details for 625 East 5th Avenue

Parking Features
Assigned, RVAccess Parking
Zoning
R2
View
City, Mountain
Parking Total
20.00
LISTING CLOSED: 03/17/2025 12:00 AM

Property Details for 625 East 5th Avenue

StatusSold
MLS #24592308
Days on Market309
Taxes$3,310 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1972
Lot Size1.12 AC / 48,787 SF
CountyDouglas County
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Location

Listing Courtesy of Oregon Life Homes

Sold By Oregon Life Homes

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Building Information for 625 East 5th Avenue

Stories-Residences3Year Built1972Building Size-Lot Size1.12 AC / 48,787 SF

Payment Calculator

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$2,443 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,168

Property Taxes

$276

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 625 East 5th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Exit 103, West on Pruner Rd, Left on Pruner again, turns into 5th
  • Road Surface: Gravel
School Information
  • High School: Riddle
  • Middle Or Junior School: Riddle
Taxes and HOA
  • Management Name: Silvia Pavacich, Distinct Dwel
  • Tax Year: 2024
  • Tax Annual Amount: $3,310.25
  • Parcel Number: R26190
  • Tax Legal Description: BUNKER HILL ADD, LOT PT 15, ACRES 1.12
Property
Lot Information
  • Acres: 1.12
  • Lot Description: Gentle Sloping, Level
  • Lot Size Square Feet: 48787.0
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Restored
  • Year Built: 1972
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity
  • Heating Description: Ductless
  • Hot Water Description: Electricity, Gas
  • Sewer Description: Public Sewer, Septic Tank
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Slab
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $38,246.00
  • Gross Income Projected: $55,510.00
  • Gross Rent Multiplier: $11.77
  • Investor Information: According To Owner
  • Net Income Actual: $24,725.00
  • Net Income Projected: 40600
  • Operating Expenses Projected: $15,000.00
  • Operating Expense: $13,521.00
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2194
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $1,200
  • Unit Type 1 SqFt: 640.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $1,350
  • Unit Type 2 SqFt: 872.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 3 Rent: $1,320
  • Unit Type 3 SqFt: 682.0
  • Unit Type 3 Units Total: 1

Property History for 625 East 5th Avenue

DateEvent & SourcePriceAppreciation
Mar 17, 2025

Sold (Public Record)

Public Record #1553134178

$435,000

+32.3% / yr

Mar 16, 2016

Sold (Public Record)

Public Record #567236929

$35,000—
DateEvent & SourcePrice
03/17/2025

Sold (Public Record)

Public Record #1553134178

$435,000

+32.3% / yr

03/16/2016

Sold (Public Record)

Public Record #567236929

$35,000

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

Public Records for 625 East 5th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$3,410 ($284 / month)
Home Facts
Total Finished SqFt1,572 SqFtAbove Grade Finished SqFt1,572 SqFtLot Size48,787 SqFtStyleMulti-Family Dwelling (2-4)Year Built1972CountyDOUGLASAPN30-06W-13CD-02200

Schools near 625 East 5th Avenue

This home is within Riddle School District 70.
Rating
School
Type
Grades
Distance
Riddle Elementary School
Public - K to 6
Riddle High School
Public - 7 to 12
Rating
School
Distance
Riddle Elementary School
PublicK to 6

Riddle High School
Public7 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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Listing Courtesy of Oregon Life Homes

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: 03/18/2025 06:11 PM