840 Jefferson Avenue

Vernonia, OR 97064

$690,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Seize a prime investment opportunity with this 6-plex property, perfectly situated in the heart of downtown Vernonia. This property offers a reliable income stream for investors looking to expand their portfolio with a high-demand location. Nearby local restaurants, bars, and other amenities, this property provides convenience and appeal for tenants. Recent upgrades add thoughtful enhancements, and with potential for additional value-add improvements, this property is ideal for an investor with vision....Seize a prime investment opportunity with this 6-plex property, perfectly situated in the heart of downtown Vernonia. This property offers a reliable income stream for investors looking to expand their portfolio with a high-demand location. Nearby local restaurants, bars, and other amenities, this property provides convenience and appeal for tenants. Recent upgrades add thoughtful enhancements, and with potential for additional value-add improvements, this property is ideal for an investor with vision. Don't miss out on this exceptional asset in a thriving area!
  1. Listed by Greg Watkins • Premiere Property Group, LLC

Property Details for 840 Jefferson Avenue

Zoning
CC
Parking Total
.00
LISTING UPDATED: 11/25/2024 02:36 PM

Property Details for 840 Jefferson Avenue

StatusActive
MLS #24349127
Days on Market11
Taxes$3,593 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1947
Lot Size0.23 AC / 10,018 SF
CountyColumbia County

Building Information for 840 Jefferson Avenue

Stories-Residences6Year Built1947Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 840 Jefferson Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Jefferson ave & Bridge St.
School Information
  • Elementary School: Vernonia
  • High School: Vernonia
  • Middle Or Junior School: Vernonia
Taxes and HOA
  • Tax Annual Amount: $3,593.35
  • Parcel Number: 22868
  • Tax Legal Description: PP 2001-17 LOT: 2
Property
Lot Information
  • Acres: 0.23
  • Lot Size Square Feet: 10018.0
  • 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
  • Year Built: 1947
Utilities
  • Fuel Description: Gas
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $62,400.00
  • Gross Income Projected: $69,600.00
  • Gross Rent Multiplier: $11.06
  • Net Income Actual: $26,245.00
  • Operating Expense: $21,332.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: Laundry
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $725
  • Unit Type 1 SqFt: 300.0
  • Unit Type 1 Units Total: 2
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $825
  • Unit Type 2 SqFt: 400.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator
  • Unit Type 3 Rent: $835
  • Unit Type 3 SqFt: 400.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Range, Refrigerator
  • Unit Type 4 Rent: $1,075
  • Unit Type 4 SqFt: 520
  • Unit Type 4 UnitsTotal: 2

Property History for 840 Jefferson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 840 Jefferson Avenue

Taxable ValueLand$82,460Additions$114,420Total$196,880
Tax Record2023$3,656 ($305 / month)
Home Facts
Baths6Total Finished SqFt2,604 SqFtAbove Grade Finished SqFt2,604 SqFtLot Size10,019 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningVR:GCCountyCOLUMBIAAPN4404-BC-05903

Schools near 840 Jefferson Avenue

This home is within Vernonia School District 47j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Washington Elementary School
PublicK to 5

Vernonia Middle School
Public6 to 8

Vernonia High School
Public9 to 12

Mist Elementary School
PublicK to 5

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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840 Jefferson Avenue is a multi-family home for sale in Vernonia, OR 97064. This property was listed for sale on November 15, 2024 by Premiere Property Group, LLC, it's currently listed at $690,000. It has been on the market for a total of 11 days and was last sold on January 13, 2016. This listing's school district is Vernonia School District 47j. Nearby schools include Washington Elementary School, Vernonia Middle School and Vernonia High School. 840 Jefferson Avenue is a 0-bed, 0-bath, multi-family home built in 1947.

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 Premiere Property Group, LLC

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