825 West Airway Road

Sold 1/5/24
Sold 1/5/24
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Listed by Alison Clowser - Oregon First - P: (541) 217-1261
Sold
Last Sold Price
$464,000
1,856 sqft$250/sqft
825 W Airway Rd, Lebanon, OR 97355
Multi FamilyProperty Type
1977Year Built
$250/sq ftPrice per sq ft
2 carsParking Spaces

Description

Invest in this fully renovated, occupied duplex, located on a corner lot and in a nice neighborhood. Cap Rate of 5.6%. Each unit has 2 bed/1 bath, 928 SF, plus a full one car garage (1 fully finished). Updates include new roof, LED lighting, electrical switches/outlets, vinyl flooring, interior paint, window coverings, smoke detectors, cabinet hardware, door knobs/hinges, garbage disposals & more. Professionally managed. Tenants pay for all utilities. Call today! Seller related to Listing Agent.Invest in this fully renovated, occupied duplex, located on a corner lot and in a nice neighborhood. Cap Rate of 5.6%. Each unit has 2 bed/1 bath, 928 SF, plus a full one car garage (1 fully finished). Updates include new roof, LED lighting, electrical switches/outlets, vinyl flooring, interior paint, window coverings, smoke detectors, cabinet hardware, door knobs/hinges, garbage disposals & more. Professionally managed. Tenants pay for all utilities. Call today! Seller related to Listing Agent.
  • Listed by: Alison Clowser • Oregon First
Listing closed: 01/05/2024 12:00 AM • Source: RMLS, MLS#: 23224735
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Location

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$2,692 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,358

Property Taxes

$334

HOA Dues

$0

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Property Information for 825 West Airway Road

Property Details
  • Taxes: $4,003 / year
  • MLS Type: Residential Income
  • County: Linn County
  • Subdivision: 12S02W09DA
  • Parking Features: Attached, Garage
  • Zoning: 2-4 Ple
  • View: Territorial
  • Garage Spaces: 2.00
  • Parking Total: 2.00
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1977
Summary
Location and General Information
  • Country: US
  • Directions: W Sherman Street
  • Road Surface: Concrete, Paved
School Information
  • Elementary School: Greenacres
  • High School: Lebanon
  • Middle Or Junior School: Seven Oak
Parking
  • Attached Garage: No
Taxes and HOA
  • CC and R Y/N: No
  • FIRPTA: No
  • HOA Y/N: No
  • Tax Year: 2022
  • Tax Deferral: No
  • Tax Annual Amount: $4,002.90
  • Parcel Number: 0387593
  • Tax Legal Description: 825-835 W Airway Rd Lebanon, OR 97355 PLETZER'S GREEN, FIRST ADDITION TO BLK-3 LOT-5-12S02W09DA
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Lot Description: Commons, Corner Lot
  • Lot Size Square Feet: 10019.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1977
  • Property Attached: No
  • Unreinforced Masonry Bldg: No
Utilities
  • Cooling Description: None
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Concrete Perimeter
  • Interior Features: High Speed Internet
  • View Y/N: Yes
  • Bedrooms Total: 4
  • Stories: 1
  • Cooling: No
  • Heating: Yes
Kitchen
  • Kitchen Appliances: Dishwasher, Electric Range, Refrigerator, Disposal, Gas Water Heater
Baths
  • Total Bathrooms: 2
Farm
Farm Information
  • Farm Fencing Description: Fenced
Amenities
Amenities Information
  • Internet Service Type: Cable, Wireless
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $34,860.00
  • Gross Income Projected: $34,860.00
  • Gross Rent Multiplier: $13.76
  • Investor Information: According To Owner, Rent Records
  • Net Income Actual: $26,851.00
  • Operating Expense: $8,009.00
  • Security Features: None
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1856
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Disposal, Washer Dryer Hookup, Window Coverings
  • Unit Type 1 Rent: $1,390
  • Unit Type 1 SqFt: 928.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Disposal, Washer Dryer Hookup, Window Coverings
  • Unit Type 2 Rent: $1,515
  • Unit Type 2 SqFt: 928.0
  • Unit Type 2 Units Total: 1

Public Records for 825 West Airway Road

Taxable ValueLand-Additions-Total-
Tax Record2024$4,225 ($352 / month)
Home Facts
Total Finished SqFt1,856 SqFtAbove Grade Finished SqFt1,856 SqFtStories1Lot Size10,019 SqFtStyleDuplexYear Built1977CountyLINNAPN12S 02W 09DA 06700Fireplace TypeHas Fireplace

Schools near 825 West Airway Road

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
Sand Ridge Charter School
Charter - 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

Sand Ridge Charter School
CharterK 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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Listing Courtesy of Oregon First

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: 01/07/2024 09:09 AM