204 N 15TH ST

St Helens, OR 97051
$1,700,000
Rare investment opportunity featuring two like-new duplexes, built in 2023 and offered together on two separate tax lots. Each of the four spacious units includes three bedrooms and two-and-a-half bathrooms. All units are currently leased, providing immediate rental income from day one. Interior photos were taken before occupancy.Ideally located inRead MoreRead Less
Listing courtesy of Keller Williams Realty Professionals.
Listing Snapshot. Source: Home Junction
Days Online
6
Last Updated
Lot Size
0.13 Acres
Year Built
2023
MLS Number
130969579
30 Days Snapshot Of 97051
$431k
-12%
(avg) sold price
10
-60%
homes sold
47
+34%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Built in 2023, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Community
Community Features: Commons
Cooling
Cooling: MiniSplit
Expenses
Operating Expense Scheduled: 11500, Operating Expense: $11,266
Exterior Features
Exterior Description: CementSiding, LapSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: MiniSplit
Income
CAP Rate: 4.79, Gross Income: $92,277, Gross Rent Multiplier: 18.42, Gross Scheduled Income: $101,880, Net Operating Income: $81,350, Net Scheduled Income: 90380
Lot
Features: Level, PublicRoad, Size Acres: 0.13, Size Range: SqFt5000to6999, Size Square Feet: 5,662, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData, ProfitLossStatement
Parking
Features: Attached, Driveway
Property
Number Of Units Total: 832, Property Condition: Existing, Zoning: Sh:Hbd
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,602, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $2,250, Area: 1530, Features: Dishwasher, Microwave, Refrigerator, WasherDryer, Units Total: 204, 3 total bathrooms, 3 total bedroom
Unit Two
Actual Rent: $1,975, Area: 1530, Features: Dishwasher, Microwave, Refrigerator, WasherDryer, Units Total: 204, 3 total bathrooms, 3 total bedroom
Unit Three
Actual Rent: $2,270, Area: 1530, Features: Dishwasher, Microwave, Refrigerator, WasherDryer, Units Total: 212, 3 total bathrooms, 3 total bedroom
Unit Four
Actual Rent: $1,995, Area: 1530, Features: Dishwasher, Microwave, Refrigerator, WasherDryer, Units Total: 212, 3 total bathrooms, 3 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Gabriela Mann
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.