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EXECUTIVE SUMMARY
Presenting an exceptional investment opportunity in the thriving city of Dallas, OR. This recently renovated 6-unit property is designed to attract top-tier rent rates, offering a turnkey experience with no additional work required. The property features fully remodeled kitchens and bathrooms, new flooring, updated fixtures, fresh interior and exterior paint, and much more—ask for the complete list of updates! The unit mix includes four 2-bedroom, 1.5-bath units and two 1- bedroom, 1-bath units, all with on-site parking. Nestled on a quiet cul-de-sac just minutes from Dallas’ main road, this property combines convenience with a peaceful setting. Dallas offers an inviting blend of small-town charm and growth potential, nestled in the scenic Willamette Valley. The city boasts a diverse economy driven by agriculture, especially winemaking, and bolstered by expanding industries like high-tech manufacturing. With abundant parks and recreational options, Dallas provides an appealing lifestyle for residents while remaining an attractive option for investors.
PROPERTY FACTS
| Price | $1,250,000 | Building Class | C |
| Price Per Unit | $208,333 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 4,448 SF |
| Cap Rate | 6.32% | No. Stories | 1 |
| No. Units | 6 | Year Built/Renovated | 1972/2023 |
| Property Type | Multifamily | Parking Ratio | 2.02/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RM - Multi-family Residential | ||
| Price | $1,250,000 |
| Price Per Unit | $208,333 |
| Sale Type | Investment |
| Cap Rate | 6.32% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 4,448 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1972/2023 |
| Parking Ratio | 2.02/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM - Multi-family Residential |
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PROPERTY TAXES
| Parcel Number | 299088 | Improvements Assessment | $284,990 |
| Land Assessment | $59,690 | Total Assessment | $344,680 |
PROPERTY TAXES
Parcel Number
299088
Land Assessment
$59,690
Improvements Assessment
$284,990
Total Assessment
$344,680
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175 NE Fern Ct
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