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521 523 Walnut St, Independence, OR 97351

$423,000

Last sold date unavailable

  • 4

    bed

  • 2

    bath

  • 1,440

    Sqft ($295/Sqft)

Multi-family not for sale
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About 521 523 Walnut St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Rental estimate
Property description
This 4-bedroom, 2-bathroom multi-family property is located at 521 523 Walnut St, Independence, OR, 97351 in Polk County and was built in 1960. The property offers 1,440 square feet of living space on a 6,534 sq ft (0.15-acre) lot. The estimated market value is $423,000, approximately $294 per square foot.
Overview
Status ACTIVE
MLS # 835410
SqFt 1440
Type Multi Family
SubType Duplex
Lot Size (Acres) 0.15
Prop Tax 2532
New Construction No
Year Built 1960
Interior
Total # of Bathrooms 2
Total # of Bedrooms 4
Laundry W/D Hookup
Amenities / Utilities
Water City
Water Heater Electric
Electricity 428
Sewer City
Water/ Sewer 1493
Location
Area 95 POLK COUNTY
Subdivision EA Thorps Town Plat Indep
County Polk
Directions Main St To Williams St. West On Williams To Walnut. North To The Property.
Multifamily Details
Unit 2: # Bathrooms 1
Unit Types Flat
Unit 2: # Bedrooms 2
Unit 1: # Bedrooms 2
Total # of Units 2
Lot/ Land Details
Acres Irrigated 1
$423K
Range: $372K-$473K
Last 30 days 
Rental est.: $2,365/month
Gross rent multiplier: 15.0
  • Dec 2025
  • Dec 19, 2025 Delisted
    $425,000
  • Nov 14, 2025 Listed
    $425,000
  • Nov 2025
  • Nov 14, 2025 Listed
    $425,000 (+54.5%)
  • Oct 2020
  • Oct 13, 2020 Price Change
    $275,000 (-8.0%)
  • Sep 29, 2020 Listed
    $299,000
  • Year Property taxes Tax assessment
  • 2025
    $2,628 +3.8%
    $143,990 +3.0%
  • 2024
    $2,532 -2.5%
    $139,800 +3.0%
  • 2023
    $2,597 +8.9%
    $135,730 +3.0%
  • 2022
    $2,384 +1.1%
    $131,780 +2.99%
  • 2021
    $2,358 +2.7%
    $127,950 +2.99%
  • 2020
    $2,296 +2.7%
    $124,230 +2.99%
  • 2019
    $2,237 +3.3%
    $120,620 +3.0%
  • 2018
    $2,166 +0.6%
    $117,110 +3.0%
  • 2017
    $2,154 -1.6%
    $113,700 +3.0%
  • 2016
    $2,189
    $110,390
  • 521 523 Walnut St
    $425K
  • Ea Thorps Town Plat Indep
    —
  • 97351
    $459K -3% y/y
  • Independence
    $459K -5% y/y
No chart available
Statistics calculated by Movoto

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5/10
Independence Elementary School
public Grades K-5
Central School District 13j
3/10
Talmadge Middle School
public Grades 6-8
Central School District 13j
4/10
Central High School
public Grades 9-12
Central School District 13j
Source: GreatSchools.org © 2026. All rights reserved.

Around Ea Thorps Town Plat Indep

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