176 Southeast Lacreole Drive

Dallas, OR 97338

$450,000
Price
Beds
1,800 Sq. Ft.
$250 / Sq. Ft.
1,800
Sq. Ft.
$250
per Sq. Ft.

Description

This duplex is an ideal 1031 exchange investment opportunity. Featuring newly installed cement board siding and fresh exterior paint, the property boasts durability and curb appeal. Each unit has its own private cedar fence, providing a sense of privacy and individual outdoor space. Both units are equipped with separate storage sheds, offering tenants additional room for belongings. A carport between the two units not only provides convenient covered parking but also adds a layer of separation and...This duplex is an ideal 1031 exchange investment opportunity. Featuring newly installed cement board siding and fresh exterior paint, the property boasts durability and curb appeal. Each unit has its own private cedar fence, providing a sense of privacy and individual outdoor space. Both units are equipped with separate storage sheds, offering tenants additional room for belongings. A carport between the two units not only provides convenient covered parking but also adds a layer of separation and privacy between the tenants. Speaking of tenants, the property currently has excellent tenants in place, ensuring consistent rental income. The large backyard offers ample space for outdoor activities, gardening, or future enhancements, while the abundance of parking makes it convenient for residents and visitors alike. Inside, both units are equipped with ductless heat pumps, offering efficient heating and air conditioning year-round. This combination of desirable features—privacy, modern amenities, and excellent tenants—makes this duplex a solid choice for any real estate investor looking for a 1031 exchange opportunity.
  1. Listed by Phil Hyre • Realty First

Property Details for 176 Southeast Lacreole Drive

Parking Features
Carport
Zoning
RLD
Parking Total
2.00
LISTING UPDATED: 11/05/2024 06:42 PM

Property Details for 176 Southeast Lacreole Drive

StatusActive
MLS #24214623
Days on Market317
Taxes$2,751 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1957
Lot Size-
CountyPolk County

Building Information for 176 Southeast Lacreole Drive

Stories1Residences3Year Built1957Building Size-Lot Size-

Property Information for 176 Southeast Lacreole Drive

Summary
Location and General Information
  • Country: US
  • Directions: Take a right off of E Ellendale Ave onto SE Lacreole Dr to the address 176 SE Lacreole DR
School Information
  • Elementary School: Lyle
  • High School: Dallas
  • Middle Or Junior School: Lacreole
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $2,751.27
  • Parcel Number: 161831
  • Tax Legal Description: DUPLEX
Property
Lot Information
  • 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: Existing
  • Year Built: 1957
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity
  • Heating Description: Ductless
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Shake Siding
  • Roof Type: Composition
  • Waterfront Description: Other
Interior Features
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $30,375.00
  • Gross Rent Multiplier: $14.81
  • Net Income Actual: $27,050.00
  • Operating Expense: $3,601.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1800
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: Washer Dryer Hookup
  • Unit Type 1 Rent: $1,150
  • Unit Type 1 SqFt: 900.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Washer Dryer Hookup
  • Unit Type 2 Rent: $1,100
  • Unit Type 2 SqFt: 900.0
  • Unit Type 2 Units Total: 2

Schools near 176 Southeast Lacreole Drive

This home is within Dallas School District 2.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Oakdale Heights Elementary School
PublicK to 3

Whitworth Elementary School
Public4 to 5

Lacreole Middle School
Public6 to 8

Dallas High 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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176 Southeast Lacreole Drive is a multi-family home for sale in Dallas, OR 97338. This property was listed for sale on January 10, 2024 by Realty First, it's currently listed at $450,000. This listing's school district is Dallas School District 2. Nearby schools include Oakdale Heights Elementary School, Whitworth Elementary School and Lacreole Middle School. 176 Southeast Lacreole Drive is a 0-bed, 0-bath, 1,800 sqft multi-family home built in 1957.

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. Offers of compensation are subject to change at the discretion of the seller. 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 Realty First

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