454 N 4TH AVE

Property feature image
Address: 454 N 4th Ave, Cornelius, OR 97113, USA
Created date: June 19, 2024
Date last updated: June 19, 2024

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $545,000
Year Built: 1973
Lot Size: 1,560.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 454 N 4TH AVE, Cornelius, OR 97113, USA
Provided by:

Similar Properties in the Area

400-432 S Columbus Avenue

Medford , Oregon
Seattle & Northwest + Apartment Buildings
Units: 10
Price: $1,950,000

2220-2224 Crater Lake Avenue

Medford , Oregon
Seattle & Northwest + Apartment Buildings
Units: 8
Price: $1,700,000

3573 Colt Cir

Seattle & Northwest + Apartment Buildings
Units: 8
Price: $1,495,000


View All
popup background image