229 MORELAND AVE, Drain, OR 97435 | 20526498 | Berkshire Hathaway HomeServices Real Estate Professionals

229 MORELAND AVE $254,000

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    229 MORELAND AVE Drain, OR 97435

    Sold
    SOLD 1/11/2021

    $254,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 20526498
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    Views: 125

    Property Details

    Description

    All the work is done on these two quaint cottage homes. Recent remodel and well maintained. Lots of opportunity as rental, multi-generational living, or live and rent. Look at the finishing touches to these homes and the returns.

    • General Features
      • Area Douglas Co: North Douglas County
      • Bank Owned Y/N No
      • Capitalization Rate 10.44
      • Cooling Description None
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 27600
      • Gross Rent Multiplier 9.02
      • Heating Description Baseboard
      • Hot Water Description Electricity
      • Net Income Actual 26000
      • Number Of Units Total 2
      • Occupancy Types Leased,Month To Month
      • Operating Expenses Actual 2400
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Supplement Number 0
      • Tax Amount 1167.25
      • Terms Cash,Conventional,Other
      • Third Party Approval Y/N No
      • Utilities Included None
      • View Type City
      • View Y/N Yes
      • Water Description Public
      • Year Built 1948
      • Zoning R
    • Building Features
      • Basement Crawl Space
      • Basement1 Block
      • Exterior Description T-111 Siding,Shingle Siding
      • SqFt Approximate Building Total 1700
      • 1 1
      • 1 2
      • 1 Dishwasher,Range,Refrigerator,Washer/Dryer Hookup
      • 1 1150
      • 1 660
      • 1 1
      • 2 1
      • 2 2
      • 2 Range,Refrigerator,Washer/Dryer Hookup
      • 2 1150
      • 2 1000
      • 2 1
      • UnitFeatures Dishwasher,Range,Refrigerator,Washer/Dryer Hookup
      • UnitTypeType 1,2
    • Room Features
      • Legal Description EASTMORELAND ADD, BLOCK 1, LOT 5, ACRES 0.11
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Commons
      • Lot Size 3,000 to 4,999 SqFt
      • Property Category Multi-Family
      • Roof Type Composition
    • Schools
      • Elementary School North Douglas
      • High School North Douglas
      • Middle School North Douglas

    Neighborhood

    97435 (Drain) Demographics

    48 Median Age
    22 Population Density (per sq. mile)
    13% College Educated
    $37,279 Estimated Median Income
    644 Estimated Total Home Owners
    271 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    2,086 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $259,000 Median Sales Price
    3 Homes Sold
    4 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        1/11/2021 12:00:00 AM Sold Source New Value: $254,000
        10/16/2020 12:21:30 PM Status Changed Source New Value: Pending
        8/25/2020 11:21:41 AM Status Changed Source New Value: Active
        The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Real Estate Professionals are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2021 RMLS™, Portland, Oregon. This content last updated on 1/23/2021 10:53:44 PM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.