1400 FALCON LOOP, Independence, OR 97351
- $860,000
- 4,019
- SqFt
- List Price
- $860,000
- Days on Market
- 6
- MLS#
- 317935931
- Property Type
- Multifamily
- Sqft. of Residence
- 4,019
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Polk Co: Except Salem
- Status
- ACTIVE
Property Description
Excellent investment opportunity in Independence’s Ash Creek neighborhood. This four-unit townhome-style multifamily property features four 2-bedroom, 2-bath units, each approximately 1,004 square feet, offering investors a well-positioned asset with strong long-term rental potential. The property is conveniently located near downtown Independence, Western Oregon University, shopping, dining, and schools, helping support consistent tenant demand. With generous unit sizes, attached garages, and a desirable location within the growing Independence market, this fourplex presents an attractive opportunity for investors seeking stable income potential and long-term appreciation. Do not disturb tenants
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Additional Information
- Tax Amount
- $7,316
- Year Built
- 2004
- High School
- Central
- Elementary School
- Ash Creek
- Middle School
- Talmadge
- Garage Spaces
- 4
- Acres
- 0.25
- Living Area
- 4,019
- Stories
- 2
- Subdivision
- Ash Creek
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Zoned
- Hoa Rent Includes
- Electricity, Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Lap Siding, Vinyl Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Seasonal, Trees/Woods
- Parking
- Driveway, Garage
- Parking Description
- Driveway, Garage
- Covenants/Restrictions
- Yes
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1004
- Unit Type One Sq Ft
- 1348
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 2
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 2
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 1004
- Unit Type Three Sq Ft
- 1348
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 2
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 1004
- Unit Type Four Sq Ft
- 1348
- Unit Type Four Units Total
- 1
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Listing courtesy of Cascade Hasson Sotheby's International Realty.
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