48074 East 1st Street

Oakridge, OR 97463

$450,000
Price
Beds
2,970 Sq. Ft.
$152 / Sq. Ft.
2,970
Sq. Ft.
$152
per Sq. Ft.

Description

Great investment opportunity in Oakridge. This is a triplex, 48074 and 48076 1st street. One unit is currently a successful airbnb. Main house (48076) is a 4 bedroom 1 1/2 bath, approximately 2070 sq ft. The large yard is enclosed with a secure fence for privacy. The other 2 units have 1 bedroom and 1 bath each. All are nicely updated and ready for a new investor or owner occupied with income potential. Get in while the gettin's still good in up and coming Oakridge.Great investment opportunity in Oakridge. This is a triplex, 48074 and 48076 1st street. One unit is currently a successful airbnb. Main house (48076) is a 4 bedroom 1 1/2 bath, approximately 2070 sq ft. The large yard is enclosed with a secure fence for privacy. The other 2 units have 1 bedroom and 1 bath each. All are nicely updated and ready for a new investor or owner occupied with income potential. Get in while the gettin's still good in up and coming Oakridge.
  1. Listed by Kelly Cooley • Windermere RE Lane County • 541-912-2679

Property Details for 48074 East 1st Street

Parking Features
Driveway, Off Street
Zoning
R1
Parking Total
4.00
LISTING UPDATED: 10/21/2024 10:19 AM

Property Details for 48074 East 1st Street

StatusActive
MLS #24130362
Days on Market1
Taxes$3,430 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1948
Lot Size0.24 AC / 10,454 SF
CountyLane County

Building Information for 48074 East 1st Street

Stories1Residences3Year Built1948Building Size-Lot Size0.24 AC / 10,454 SF

Property Information for 48074 East 1st Street

Summary
Location and General Information
  • Country: US
  • Directions: Hwy 58 to Crestview to 1st, on the corner.
  • Road Surface: Paved
School Information
  • Elementary School: Oakridge
  • High School: Oakridge
  • Middle Or Junior School: Oakridge
Taxes and HOA
  • Tax Annual Amount: $3,430.41
  • Parcel Number: 0953628
  • Tax Legal Description: TL 05400
Property
Lot Information
  • Acres: 0.24
  • Lot Description: Corner Lot, Level
  • Lot Size Square Feet: 10454.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1948
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Amenities
Amenities Information
  • Internet Service Type: Cable, DSL
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $42,000.00
  • Gross Rent Multiplier: $10.71
  • Investor Information: According To Owner
  • Net Income Actual: $39,000.00
  • Operating Expense: $3,460.00
  • Security Features: Security Gate
  • Storage: None
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2970
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Rent: $1,795
  • Unit Type 1 SqFt: 2070.0
  • 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: $900
  • Unit Type 2 SqFt: 500.0
  • 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: $850
  • Unit Type 3 SqFt: 400.0
  • Unit Type 3 Units Total: 1

Property History for 48074 East 1st 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 48074 East 1st Street

Taxable ValueLand-Additions-Total-
Tax Record2023$3,430 ($286 / month)
Home Facts
Baths3.5Total Finished SqFt2,970 SqFtAbove Grade Finished SqFt2,970 SqFtStories1Lot Size10,454 SqFtStyleDuplexYear Built1948Year Renovated1965ZoningR-1-LOW-DENSICountyLANEAPN21-35-16-23-05400-000

Schools near 48074 East 1st Street

This home is within Oakridge School District 76.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Oakridge Elementary School
PublicK to 6

Oakridge Junior High School
Public7 to 8

Oakridge 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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48074 East 1st Street is a multi-family home for sale in Oakridge, OR 97463. This listing's school district is Oakridge School District 76. Nearby schools include Oakridge Elementary School, Oakridge Junior High School and Oakridge High School. 48074 East 1st Street is a 0-bed, 0-bath, 2,970 sqft multi-family home built in 1948.

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.

Listing Courtesy of Windermere RE Lane County

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