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Listed by MICHAEL JESTER • EXP REALTY, LLC • Cell: 503-799-8354
$390,000
Est. payment /mo
4 Beds
2 Baths
1,860 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,860 sqft
Price per Sqft $209
Subdivision Fairlanes Subdivision
MLS Listing ID 831119
Bedrooms 4
Year Built 1948
Annual Tax Amount $3,851
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Duplex
Property Description
Ideal Duplex Investment Opportunity – Proven Performance, Prime Location in Albany's Opportunity Zone.This well-maintained duplex is an ideal opportunity for first-time investors or those looking to expand their portfolio. With long-term tenants in place and a consistent 0% vacancy rate for years , this property offers reliable, turn-key income from day one. Each unit features 2 bedrooms and 1 bathroom across 930 square feet of thoughtfully designed living space. The open-concept kitchen and living area bring a modern touch to this classic 1948 build, and in-unit laundry enhances tenant convenience—making these units highly desirable and easy to rent.Centrally located in Albany's Opportunity Zone, the property is close to amenities, transit, and employment hubs. The current owner has completed extensive maintenance and repairs, ensuring low upkeep and peace of mind for the next owner.Whether you're investing for the first time or adding to a well-performing portfolio, this duplex delivers with an estimated annual NOI of $15,550. Don't miss the chance to own a solid, income-producing property with strong rental history and minimal vacancy.
Location
State OR
County Linn
Area 80 Linn County
Rooms
Dining Room Area (Combination)
Interior
Hot Water Electric
Heating Zonal
Flooring Laminate
Laundry W/D Included
Exterior
Fence Partial
View Territorial
Roof Type Composition
Building
Foundation Continuous
Sewer Septic
Water Shared Well
New Construction No
Schools
Elementary Schools Clover Ridge
High Schools South Albany
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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