Malin OR Multi Family for Sale
$825,000
2236 3rd Street Malin, OR 97632
- Type:
- Other
- Sq.Ft.:
- 9,912
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.72 Acres
- Year built:
- 1939
- Baths:
- MLS#:
- 220181757
- Subdivision:
- Malin
View additional info
Courtesy: Action Realty
541-884-3367
ADDITIONAL INFORMATION
This investment opportunity offers a great potential for a steady income stream with the majority of units being two bedrooms. The old-style garages can provide additional storage space to attract potential tenants. The owner has already completed some of the needed capital repairs including a partial new roof and rehabilitation of several units. The attractive brick construction and courtyard add to the property's appeal and can help in attracting tenants. The convenient location near parks, shopping, and restaurants can also make this property a beneficial rental option for many individuals. Additionally, the potential for owner financing can make the investment more accessible to interested buyers. Overall, this property presents a promising investment opportunity with potential for growth and a good return on investment. It may be worth considering for those looking to expand their real estate portfolio or generate passive income.
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| The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Xome Inc. are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO). |
Malin Real Estate
The median home value in Malin, OR is $304,500. This is higher than the county median home value of $272,800. The national median home value is $338,100. The average price of homes sold in Malin, OR is $304,500. Approximately 56.63% of Malin homes are owned, compared to 24.73% rented, while 18.64% are vacant. Malin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Malin real estate agent to arrange a tour today!
Malin, Oregon has a population of 839. Malin is more family-centric than the surrounding county with 39.33% of the households containing married families with children. The county average for households married with children is 26.21%.
The median household income in Malin, Oregon is $58,646. The median household income for the surrounding county is $50,790 compared to the national median of $69,021. The median age of people living in Malin is 29.8 years.
Malin Weather
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 12.7 inches per year, with 24.9 inches of snow per year.