2035 Northeast Stephens Street

Roseburg, OR 97470

$695,000
Price
Beds
4,326 Sq. Ft.
$161 / Sq. Ft.
4,326
Sq. Ft.
$161
per Sq. Ft.

Description

Exceptional opportunity awaits in this commercially zoned 4-plex, featuring 2 gorgeous freshly remodeled studio units, a 1 bedroom 2 bathroom unit and a 1 bedroom 1 bathroom standalone unit, plus garages which are rented for additional $1,300 in monthly income. Fresh renovations to much of the building. New exterior decking, railing, lighting & paint. Interior of 2 units are original, other 2 units are fully renovated with beautiful modern finishes. Has great upside potential through updating remaining...Exceptional opportunity awaits in this commercially zoned 4-plex, featuring 2 gorgeous freshly remodeled studio units, a 1 bedroom 2 bathroom unit and a 1 bedroom 1 bathroom standalone unit, plus garages which are rented for additional $1,300 in monthly income. Fresh renovations to much of the building. New exterior decking, railing, lighting & paint. Interior of 2 units are original, other 2 units are fully renovated with beautiful modern finishes. Has great upside potential through updating remaining 2 units & achieving max market rent. Building is currently fully leased making this an ideal turnkey investment opportunity! Total gross income is $57,372 annually. Eligible for residential financing, making this an easy purchase.
  1. Listed by Evan Nelson • eXp Realty, LLC • 310-422-6044

Property Details for 2035 Northeast Stephens Street

Parking Features
Driveway, Off Street
Zoning
C3
View
City
Garage Spaces
3.00
Parking Total
4.00

Location

Listing Courtesy of eXp Realty, LLC
Add your commute
LISTING UPDATED: 05/03/2024 02:58 AM

Property Details for 2035 Northeast Stephens Street

StatusActive
MLS #24348155
Days on Market106
Taxes$3,199 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1966
Lot Size0.21 AC / 9,147 SF
CountyDouglas County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 2035 Northeast Stephens Street

Stories2Residences7Year Built1966Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$4,059 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,793

Property Taxes

$267

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2035 Northeast Stephens Street

Summary
Location and General Information
  • Country: US
  • Directions: NE Stephens
  • Road Surface: Paved
School Information
  • High School: Roseburg
  • Middle Or Junior School: Joseph Lane
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $3,198.83
  • Parcel Number: R44950
  • Tax Legal Description: ROSELAND TRACTS, LOT PT 1, ACRES 0.21
Property
Lot Information
  • Acres: 0.21
  • Lot Description: Level
  • Lot Size Square Feet: 9147.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Restored
  • Year Built: 1966
Utilities
  • Cooling Description: Other
  • Fuel Description: Electricity
  • Heating Description: Mini Split
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Gas, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Board Batten Siding, Metal Siding
  • Roof Type: Metal
  • Waterfront Description: Other
  • Water Name: N/A
Interior Features
  • Basement: None
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
  • Gross Income Actual: $57,372.00
  • Gross Rent Multiplier: $12.11
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $45,372.00
  • Operating Expense: $12,000.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
  • SqFt Approximate Building Total: 4326
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 0
  • Unit Type 1 Rent: $850
  • Unit Type 1 SqFt: 600.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 0
  • Unit Type 2 Rent: $850
  • Unit Type 2 SqFt: 600.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Rent: $786
  • Unit Type 3 SqFt: 800.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Rent: $995
  • Unit Type 4 SqFt: 1000
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 0
  • Unit Type 5 Beds Total: 0
  • Unit Type 5 Features: Storage
  • Unit Type 5 Rent: $433
  • Unit Type 5 SqFt: 1326.0
  • Unit Type 5 Units Total: 3

Property History for 2035 Northeast Stephens Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2035 Northeast Stephens Street

Taxable ValueLand-Additions-Total-
Tax Record2023$3,199 ($267 / month)
Home Facts
Total Finished SqFt726 SqFtAbove Grade Finished SqFt726 SqFtStories1Lot Size9,148 SqFtStyleOffice BuildingYear Built1966CountyDOUGLASAPN27-06W-12DA-00800

Schools near 2035 Northeast Stephens Street

This home is within Douglas County School District 4.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fir Grove Elementary School
PublicK to 5

Joseph Lane Middle School
Public6 to 8

Roseburg High School
Public9 to 12

Rose School
Public9 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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2035 Northeast Stephens Street is a multi-family home for sale in Roseburg, OR 97470. This property was listed for sale on January 19, 2024 by eXp Realty, LLC, it's currently listed at $695,000. It has been on the market for a total of 106 days and was last sold on February 23, 2022. This listing's school district is Douglas County School District 4. Nearby schools include Fir Grove Elementary School, Joseph Lane Middle School and Roseburg High School. 2035 Northeast Stephens Street is a 0-bed, 0-bath, 4,326 sqft multi-family home built in 1966.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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 © 2024 RMLS, Portland, Oregon. Last updated: 05/03/2024 02:58 AM