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1581 James St
Woodburn, OR 97071
3 James St Duplexes · Multifamily Property For Sale
·
6 Units
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.
Property Facts
| Price Per Unit | $275,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 5.40% | Building Size | 5,760 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.38 | No. Stories | 1 |
| No. Units | 6 | Year Built | 1969 |
| Property Type | Multifamily | Parking Ratio | 1.04/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RM - RM | ||
| 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 |
| Property Subtype | Apartment |
| Building Class | C |
| 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 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $524,010 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$524,010
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