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Off market
  • $479,400

    454 N 4th Ave, Cornelius, OR 97113

    --beds
    --baths
    1,560sqft
    Multi Family
    Built in 1973
    -- sqft lot
    $479,400 Zestimate®
    $307/sqft
    $2,403 Estimated rent

    What's special

    Looks like a great investment opportunity! Zoning for up to a quadplex provides the potential to expand and increase rental income. Buyer to do due diligence with the city. The property already has a functioning duplex with two units, each featuring 2 bedrooms and 1 bathroom. The individual fenced patios and washer/dryer hookups are attractive features for tenants. Additionally, the detached 2-car garage with separate roll-up doors adds value. Or take the opportunity to expand. The location, having public transportation and shopping a couple blocks away, is convenient for tenants and can help maintain a high occupancy rate. The current tenants are on a month-to-month agreement (for far less than current rent market) which offers flexibility for future plans. Please do not disturb tenants or walk the property.

    Zillow last checked: 7 hours ago

    Source: John L Scott Real Estate,MLS#: 24613083

    Facts & features

    Interior

    Interior area
    • Total structure area: 1,560
    • Total interior livable area: 1,560 sqft

    Property

    Lot
    • Size: 9,583 sqft
    Details
    • Parcel number: R751341

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1973

    Community & neighborhood

    Location
    • Region: Cornelius
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $479,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $479,400