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441 SW Walnut St, Willamina, OR 97396

$750,000

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Property Description

This well-maintained 8-unit property offers a strong investment opportunity with all units designed for ease of living and consistent rental appeal. Each apartment is single-level and features a functional one-bedroom, one-bath layout with an open-concept kitchen, dining, and living room area that maximizes space and natural light.Several units include small private back patios, providing tenants with desirable outdoor space and added privacy. The property also features an on-site coin-operated laundry facility, offering convenience for residents and an additional income stream for ownership.With its practical design, ground-level accessibility, and desirable unit layout, this 8-plex is well-suited for stable occupancy and long-term rental demand. The combination of simplicity, functionality, and tenant amenities makes it an attractive addition to any investment portfolio.

441 SW Walnut St | MLS# 552452297

This multi-family property located at 441 SW Walnut St, Willamina, OR 97396 is currently listed for sale with an asking price of $750,000. Search Willamina real estate on drueripp.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Fuel Type: Electricity
Heating: Baseboard
Roof Type: Metal
Stories: 1.0
Taxes: $5,674
Year Built: 1971
Square Feet: 4,032

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator
Rent: $630.00
Square Footage: 504
Total Units: 8

Feature Descriptions

Days on Site: 6
Exterior: Lap Siding, T-111 Siding
Gross Income: $52800.00 (Actual)
Hot Water: Electricity
Lot: Level, Trees
Net Income: $25681.00 (Actual)
Operating Expenses: $27119.00 (Actual)
Parking: Assigned, OnStreet
Parking Notes: Assigned, OnStreet
Sewer: Public Sewer
Special View Info: City, Territorial
Storage: None
Units: 8
Water: Public Water

Local Schools

High School: Willamina
Middle School: Willamina
Elementary School: Willamina

Listed By / Shown By

Listed By

Agency Name: Hofenbredl Realty LLC
Agency Phone: 503-876-9004

Shown By

Agent Name: Drue Ripp, Broker
Agent Phone: Cell: (541) 668-0339
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,483.99 per month $3,792.41 Principal & Interest $472.83 Property Tax $218.75 Homeowner's Insurance

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