2904 SW Juniper Ave - Multi-Family FOR SALE


Redmond, OR 97756
$1,100,000 USD
541-390-0099
2904 SW Juniper Ave, Redmond, OR for Sale
$1,100,000 USD
Multi-Family - FOR SALE
1/11
null | 5.1% Cap Rate

2904 SW Juniper Ave
Redmond, OR 97756


HIGHLIGHTS

  • Individually metered so only utility owner pays is Water/Sewer

OVERVIEW

Attractive, well-built 4-plex that has been very well taken care of and consistently stays rented with ease. Configured as two separate duplexes on one lot, this property offers strong tenant appeal and functional design. Three of the four units have been recently updated, enhancing both value and rental demand. Each unit features private, fenced patios, gas appliances, micro-hoods in the kitchen, and included washer/dryers. Bedrooms are designed as primary-style suites, further broadening tenant appeal and maximizing occupancy. Currently generating $6,580/month in income--an excellent opportunity for investors seeking a clean, well-maintained asset with proven performance.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$206 USD /SF

# OF UNITS

4

PRICE/UNIT

$275,000

CAP RATE

5.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

R4

APN/PARCEL ID

235162

ASK ABOUT THIS PROPERTY

Jason TroutTrout Realty IncMore Info
541-390-0099

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Jason TroutTrout Realty IncMore Info
541-390-0099

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.