1411 NE LOGAN ST

Mc Minnville, OR 97128
$425,000
Excellent investment opportunity near downtown McMinnville! 2 unit home with one unit leased bringing in $1290 per month. Rent includes water, sewer, electricity and landscaping. Upper level unit projected market rent to be around $1790 per month, or move in as your primary residence and start building your investment portfolioRead MoreRead Less
Listing courtesy of Bella Casa Real Estate Group.
Listing Snapshot. Source: Home Junction
Days Online
57
Last Updated
Lot Size
0.1 Acres
Year Built
2003
MLS Number
634183876
30 Days Snapshot Of 97128
$556k
+25%
(avg) sold price
22
+4%
homes sold
35
-67%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Gravel
Basement
Basement: None
Building
Built in 2003, Storage: Garage, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2
Expenses
Operating Expense Scheduled: 5000, Operating Expense: $5,000
Exterior Features
Exterior Description: CementSiding, T111Siding
Foundation
Foundation Details: Slab
Garage
Garage Spaces: 1
Heating
Heating: Zoned
Income
CAP Rate: 2.52, Gross Income: $15,480, Gross Rent Multiplier: 27.45, Gross Scheduled Income: $37,200, Net Operating Income: $10,720, Net Scheduled Income: 32200
Lot
Features: Level, Size Acres: 0.1, Size Range: SqFt3000to4999, Size Square Feet: 4,356, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: Carport, Driveway, 4 total parking spots
Property
Number Of Units Total: 2, Property Condition: Existing, Zoning: R3
Roof
Roof: Metal
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $3,998, Legal Description
Unit One
Area: 896, Features: Dishwasher, Microwave, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,290, Area: 500, Features: Refrigerator, Storage, Unfurnished, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Zach Bernards
Realtor
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.