409 North 3rd Street

Silverton, OR 97381

$349,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent, rare investment opportunity in Silverton! 3 separate units on 1 lot. Units in good condition. New gutters, windows, siding and exterior paint. Newer seamed metal roof. Please do not disturb tenants. Offers subject to interior inspection.Excellent, rare investment opportunity in Silverton! 3 separate units on 1 lot. Units in good condition. New gutters, windows, siding and exterior paint. Newer seamed metal roof. Please do not disturb tenants. Offers subject to interior inspection.
  1. Listed by Michael Miller • RE/MAX HomeSource

Property Details for 409 North 3rd Street

Parking Features
Driveway
Zoning
Res

Location

Listing Courtesy of RE/MAX HomeSource
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LISTING UPDATED: 04/13/2024 06:52 PM

Property Details for 409 North 3rd Street

StatusActive
MLS #24404350
Days on Market80
Taxes$1,604 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size0.11 AC / 4,791 SF
CountyMarion County

Location

Listing Courtesy of RE/MAX HomeSource
Add your commute

Building Information for 409 North 3rd Street

Stories1Residences3Year Built1920Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$2,043 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$134

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 409 North 3rd Street

Summary
Location and General Information
  • Country: US
  • Directions: Between B St and Park St
  • Road Surface: Gravel
School Information
  • Elementary School: Robert Frost
  • High School: Silverton
  • Middle Or Junior School: Silverton
Taxes and HOA
  • Management Name: None
  • Tax Year: 2023
  • Tax Annual Amount: $1,604.20
  • Parcel Number: 517710
  • Tax Legal Description: ACRES 0.12
Property
Lot Information
  • Acres: 0.11
  • Lot Description: Level
  • Lot Size Square Feet: 4791.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1920
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Lap Siding
  • Roof Type: Metal
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Skirting
  • Stories: 1
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $37,200.00
  • Gross Rent Multiplier: $9.41
  • Net Income Actual: $33,740.00
  • Operating Expense: $3,460.00
  • Security Features: Unknown
  • Storage: None
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Rent: $1,100
  • Unit Type 1 SqFt: 300.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Rent: $1,000
  • Unit Type 2 SqFt: 360.0
  • 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: $1,000
  • Unit Type 3 SqFt: 480.0
  • Unit Type 3 Units Total: 1

Property History for 409 North 3rd 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 409 North 3rd Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,604 ($134 / month)
Home Facts
Beds1Total Finished SqFt432 SqFtAbove Grade Finished SqFt432 SqFtStories1Lot Size4,792 SqFtStyleMiscellaneous ResidentialYear Built1920ZoningR1CountyMARIONAPN061W35BC05000

Schools near 409 North 3rd Street

This home is within Silver Falls School District 4j.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Mark Twain Elementary School
PublicK to 2

Silverton Middle School
Public6 to 8

Silverton High School
Public9 to 12

Monitor Elementary School
PublicK 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.

Similar Homes

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409 North 3rd Street is a multi-family home for sale in Silverton, OR 97381. This property was listed for sale on February 16, 2024 by RE/MAX HomeSource, it's currently listed at $349,900. It has been on the market for a total of 80 days and was last sold on September 5, 2019. This listing's school district is Silver Falls School District 4j. Nearby schools include Mark Twain Elementary School, Silverton Middle School and Silverton High School. 409 North 3rd Street is a 0-bed, 0-bath, multi-family home built in 1920.

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.

Listing Courtesy of RE/MAX HomeSource

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: 04/13/2024 06:52 PM