tomo logo

$545,000

Beds
Unknown
sq ft
1,560

454 N 4th Ave, Cornelius, OR 97113

454 N 4th Ave

Cornelius, OR 97113

  • 45 days on market
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.

Details

Property type

Lot size

9,583 sq ft

Price per sq ft

$350

Year built

1973

Annual property taxes

$3,199

Price History

05/24/2024
PortlandOR

PortlandOR #24613083

Listed
$545,000

Schools & Community

Elementary school: 

Cornelius

Middle school: 

Tom McCall

High school: 

Forest Grove

Status: Active

Tomo last checked: 07/07/2024 at 5:00 PM

Listing updated: 05/31/2024 at 1:13 AM

Listed by: Stephanie Mellor, John L. Scott Market Center Phone #: (503) 359-9100

MLS: PortlandOR #24613083

PortlandOR logo

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