Log In/Sign Up
Your email has been sent.
1581 James St - 3 James St Duplexes 6 Unit Apartment Building Offered at $1,650,000 at a 5.40% Cap Rate Woodburn, OR 97071
Investment Highlights
- Three well-maintained duplexes
- Conveniently located near shopping, dining and everyday amenities
- Predominantly long-term tenants
Executive Summary
Excellent investment opportunity featuring three well-maintained duplexes for a total of six fully occupied units, with predominantly long-term tenants already in place. Each unit offers 2 bedrooms, 1 bathroom, and an attached 1-car garage, along with a refrigerator, range, and washer and dryer hookups. Tenants pay all utilities, while landscaping is professionally maintained at the property’s expense, helping support consistent upkeep. Conveniently located near shopping, dining and everyday amenities, this property combines stability, location, and ease of management. A solid addition to an investment portfolio with built-in income and minimal day-to-day oversight. Please do not disturb the tenants.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$107,262
|
$55.87
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$107,262
|
$55.87
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$18,217
|
$9.49
|
| Net Operating Income |
$89,045
|
$46.38
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $107,262 |
| Annual Per SF | $55.87 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $107,262 |
| Annual Per SF | $55.87 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $18,217 |
| Annual Per SF | $9.49 |
| Net Operating Income | |
|---|---|
| Annual | $89,045 |
| Annual Per SF | $46.38 |
Property Facts
| Price | $1,650,000 | Lot Size | 0.16 AC |
| Price Per Unit | $275,000 | Building Size | 5,760 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.40% | No. Stories | 1 |
| Sale Condition | Bulk/Portfolio Sale | Year Built | 1969 |
| Gross Rent Multiplier | 15.38 | Parking Ratio | 1.04/1,000 SF |
| No. Units | 6 | Opportunity Zone |
Yes
|
| Property Type | Multifamily | ||
| Zoning | RM - RM | ||
| Price | $1,650,000 |
| Price Per Unit | $275,000 |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| Sale Condition | Bulk/Portfolio Sale |
| Gross Rent Multiplier | 15.38 |
| No. Units | 6 |
| Property Type | Multifamily |
| Lot Size | 0.16 AC |
| Building Size | 5,760 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1969 |
| Parking Ratio | 1.04/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM - RM |
Amenities
Unit Amenities
- Storage Space
- Washer/Dryer Hookup
- Heating
- Refrigerator
- Range
- Carpet
- Lawn
- Patio
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 3 | $1,550 | 1,920 |
1 1
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Number | 107254 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $174,670 |
Property Taxes
Parcel Number
107254
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$174,670
1 of 42
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1581 James St - 3 James St Duplexes
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.