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Sold on 02/20/2025
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625 E Fifth Ave, Riddle, OR 97469

  • $435,000

    Last sold 02/20/2025 after 309 Days

  • —

    bed

  • —

    bath

  • 2,194

    Sqft ($198/Sqft)

Multi-family not for sale
Movoto is helping 6 homebuyers near you

About 625 E Fifth Ave

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 1.12 Acre
Property description
3 units on over 1 acre, already at market rents! $3800/mo in rental income! Units have been completely remodeled with vinyl plank floors, ductless heat pumps, granite counters, dishwashers, washer/dryer hook ups, and more. Each unit comes with detached storage shed and multiple parking spots! Room to expand, with plenty of parking! Conveniently located near schools and Riddle mills. Great investment or house hack (Live in one and rent the other 2)!
Listed by
Listing Agent - Shane Mast
Listing Agent Contact: 541-517-1749
Listing Office - Oregon Life Homes
Source: RMLS mls logo
MLS#24592308 • last updated 1 year ago
Movoto checked RMLS for data 12 minutes ago
Overview
Cooling/AC Heat Pump
Heating Ductless
MLS # 24592308
Type Multi Family
Status Sold
Lot Size (SqFt) 48787
Lot Size (Acres) 1.12
Property Tax 3310.25
Year Built 1972
Exterior
Roof Composition
# Parking Spaces 20
Exterior Features T-111 Siding
Lot Desc GentleSloping, Level
Amenities / Utilities
Hot Water Electricity, Gas
Sewer/ Septic PublicSewer, SepticTank
Water Source Public Water
Location
View City, Mountain
County Douglas
Area 258 - Douglas Co: Myrtle Creek/S&SE Of Roseburg To Ti
Middle School Riddle
High School Riddle
Zoning R2
Directions Exit 103, West On Pruner Rd, Left On Pruner Again, Turns Into 5th
APN R26190
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 3
Unit Type 3: # Bedrooms 2
Unit Type 2: Total Baths 2
Unit Type 1: Rent 1200
Unit Type 3: Rent 1320
Unit Type 2: Rent 1350
Total # of Units 3
Gross Rent Multiplier 11.77
Operating Expense Scheduled 15000
Net Operating Income 24725
Operating Expense 13521
Gross Scheduled Income 55510
Gross Income 38246
Cap Rate 5.49
Net Scheduled Income 40600
Lot/ Land Details
Road Surface Gravel
We are not permitted to show value estimates for this property.
  • Jul 2024
    mls logo MLS # 24592308
  • Jul 15, 2024 Price Change
    $450,000 (-5.3%)
  • May 13, 2024 Price Change
    $475,000 (-4.8%)
  • Apr 17, 2024 Listed
    $499,000
  • Jun 2023
    mls logo MLS # 23539444
  • Jun 28, 2023 Price Change
    $499,000 (-5.0%)
  • Apr 27, 2023 Listed
    $525,000 (+1400.0%)
  • Mar 2016
    mls logo MLS # 16122393
  • Mar 21, 2016 Sold
    $35,000 (-12.3%)
  • Feb 17, 2016 Price Change
    $39,900 (-11.1%)
  • Feb 2, 2016 Price Change
    $44,900 (-35.8%)
  • Jan 14, 2016 Listed
    $69,900
  • 625 E Fifth Ave
    $435K
  • 258 - Douglas Co: Myrtle Creek/s&se Of Roseburg To Ti
    —
  • 97469
    $399K +23% y/y
  • Riddle
    $419K +10% y/y
No chart available
Statistics calculated by Movoto

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4/10
Riddle Elementary School
public Grades K-6
Riddle School District 70
2/10
Riddle High School
public Grades 7-12
Riddle School District 70
Source: GreatSchools.org © 2026. All rights reserved.

Around 258 - Douglas Co: Myrtle Creek/s&se Of Roseburg To Ti

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