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For sale
  • Listed by: 

    MIKE PALUSKA Cell:503-559-5423,

    Paluska Real Estate

    Price cut: $50K (7/1)
    $800,000

    429 SE Palomino Ct, Sublimity, OR 97385

    6beds
    4baths
    2,600sqft
    : 
    Duplex
    Built in 2019
    -- sqft lot
    $783,900 Zestimate®
    $308/sqft
    $-- HOA

    What's special

    Modern finishesOpen-concept floorplanCentral air conditioningLuxury vinyl plank floorsUnderground sprinkler systemNatural gas furnaceCorner lot
    This exceptional duplex investment property is located in the charming small town of Sublimity, Oregon, just minutes from Salem. Built in 2019, the property features 2,614 total square feet (approximately 1,300 Sq. Ft. per/side) on a beautifully landscaped corner lot. Each unit includes:* 3 bedrooms, 2 bathrooms* Open-concept floorplan with modern finishes* Attached 2-car garage* Central Air Conditioning* Luxury Vinyl Plank Floors thought each unit * Natural Gas furnace and water heater* Dishwasher, disposal, refrigerator, and built-in range* Patio* Underground sprinkler systemBoth units are fully leased, generating $2,300 and $2,350 in monthly rent. This is a well-maintained, low-vacancy property with excellent rental history and curb appeal.
    52 days
    on Zillow
    |
    377
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2025 at 02:09pm

    Listed by:

    MIKE PALUSKA Cell:503-559-5423,

    Paluska Real Estate

    Source: WVMLS,MLS#: 830632MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 429 SE Palomino Ct.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Dining room
    • Features: Area (Combination)
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Built-In Range, Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Garage/2
    Features
    • Patio & porch: Patio
    • Fencing: Fenced
    Lot
    • Size: 0.25 Acres
    • Features: Irrigation System, Landscaped
    Details
    • Parcel number: 357230
    • Zoning: R-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Fiber Cement, Lap Siding
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2019

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Sublimity

    Financial & listing details

    • Price per square foot: $308/sqft
    • Tax assessed value: $680,620
    • Annual tax amount: $4,487
    • Price range: $800K - $800K
    • Date on market: 6/25/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,1031 Exchange
    • Total actual rent: 4650
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