816 West E, Vernonia, OR 97064

$1,950,000

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Property Description

Built in 2024, the Vernonia Duplexes is arare portfolio of three fully-occupied duplexesfeaturing large three-bedroom, two-bathroomunits, located near downtown Vernonia whereinvestment opportunities rarely hit the market. Each unit features open floor plans with modern comfort, such as hardsurface countertops, flush mount sinks, stainless steel appliances, airconditioning, garages, decks, and dual heat sources. The propertyis comprised of three tax lots presenting a buyer the opportunity toobtain residential financing for each duplex, providing a future exitopportunity to sell the duplexes individually.

816 West E | MLS# 647002279

This multi-family property located at 816 West E, Vernonia, OR 97064 is currently listed for sale with an asking price of $1,950,000. Search Vernonia real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: MiniSplit
Fuel Type: Electricity, Propane
Heating: Mini Split, Wall Furnace
Roof Type: Composition
Stories: 1.0
Taxes: $20,000
Year Built: 2024
Square Feet: 9,840

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 3
Rent: $2000.00
Square Footage: 1640
Total Units: 6

Feature Descriptions

Days on Site: 46
Exterior: Other
Gross Income: $144000.00 (Actual)
Hot Water: Tankless
Lot: Level
Net Income: $108760.00 (Actual)
Operating Expenses: $35240.00 (Actual)
Parking: Garage
Parking Notes: Garage
Sewer: Public Sewer
Special View Info: Trees/Woods
Storage: Garage
Units: 6
Water: Public Water

Local Schools

High School: Vernonia
Middle School: Vernonia
Elementary School: Vernonia

Listed By / Shown By

Listed By

Agency Name: Vitality Home Realty
Agency Phone: 503-260-1003

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 12,095.68 per month $9,860.26 Principal & Interest $1,666.67 Property Tax $568.75 Homeowner's Insurance

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