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Sold on 02/16/2017
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87550 Rice Rd, Mapleton, OR 97453

  • $225,000

    Last sold 02/16/2017 for $105K

  • —

    bed

  • —

    bath

  • 1,644

    Sqft ($64/Sqft)

Multi-family not for sale
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About 87550 Rice Rd

Property type Multi-family
Neighborhood
Year built 1966
HOA fee $0/month
Movoto estimate
Property description
Back On Market After Sale Fall Thru - This duplex is in a quiet subdivision on a hill above the town of Mapleton, each unit is metered separately and features a fireplace, kitchen with a dining room, and garages. One unit has a slider off the master to a deck. There are very few rentals in this area, great for owner occupant or investment. Property is in need of some repairs and is priced accordingly.
Listed by
Listing Agent - Michael Smith
Listing Office - Premier RE & Property Mngmnt
Source: RMLS mls logo
MLS#14326276 • last updated 9 years ago
Movoto checked RMLS for data 4 minutes ago
Overview
Cooling/AC None
Heating Radiant
MLS # 14326276
Type Multi Family
Status Sold
Property Tax 1459.48
Year Built 1966
Exterior
Roof Composition
# Parking Spaces 2
Exterior Features T-111 Siding
Lot Desc Level, Sloped
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Septic Tank
Water Source Community, Public Water
Location
View Mountain(s), Trees/Woods
County Lane
Area 238 - Lane Co: Florence East/Mapleton
Elementary School Mapleton
Middle School Mapleton
High School Mapleton
Zoning RR1
Directions Hwy 126 East To Mapleton, R On Rice Rd. Up To 87550 & 87552 Rice Rd
APN 766715
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 1: Rent 550
Total # of Units 2
Gross Rent Multiplier 9.08
Net Operating Income 11894
Operating Expense 1460
Gross Income 13200
Cap Rate 9.52
$225K
Range: $155K-$294K
Last 30 days 
  • Feb 2017
    mls logo MLS # 14326276
  • Feb 23, 2017 Sold
    $105,000 (-15.9%)
  • Aug 24, 2016 Pending
    —
  • May 23, 2014 Listed
    $124,900
  • 87550 Rice Rd
    $105K
  • 238 - Lane Co: Florence East/mapleton
    —
  • 97453
    $425K -22% y/y
  • Mapleton
    $427K -22% y/y
No chart available
Statistics calculated by Movoto

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N/A
Mapleton Elementary School
public Grades K-6
Mapleton School District 32
1/10
Mapleton Jr/Sr High School
public Grades 7-12
Mapleton School District 32
Source: GreatSchools.org © 2026. All rights reserved.

Around 238 - Lane Co: Florence East/mapleton

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  • Real Estate
  • OR
  • Lane County
  • Mapleton
  • 97453
  • 87550 Rice Rd
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