Woodburn OR Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 3,328
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.39 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 24626528
View additional info
Courtesy: John L. Scott
503-645-7433
ADDITIONAL INFORMATION
Income property with possible development potential. Two duplexes located on .37 acre level lot in Woodburn. Four units, each two-bedroom, one-bath single level with ample parking. All units rented; a couple with long term tenants with below market rents. Range, refrigerator included. Washer/dryer hookup in kitchen. Tenants pay all utilities except for garbage on two units. Rent and actual income based on 10% rent increase effective 9/1/24. Possible opportunity to build additional units. Preliminary conversation with City of Woodburn, along with approved land use on 3rd st (see attached) suggest possible development opportunity. Buyer to do all due diligence on development.
Woodburn Real Estate
The median home value in Woodburn, OR is $385,200. This is lower than the county median home value of $411,100. The national median home value is $338,100. The average price of homes sold in Woodburn, OR is $385,200. Approximately 62.35% of Woodburn homes are owned, compared to 34.55% rented, while 3.1% are vacant. Woodburn 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 Woodburn real estate agent to arrange a tour today!
Woodburn, Oregon has a population of 25,877. Woodburn is more family-centric than the surrounding county with 32.01% of the households containing married families with children. The county average for households married with children is 31.19%.
The median household income in Woodburn, Oregon is $54,330. The median household income for the surrounding county is $64,880 compared to the national median of $69,021. The median age of people living in Woodburn is 38.6 years.
Woodburn Weather
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 41.4 inches per year, with 1.2 inches of snow per year.