370 NW YAMHILL ST, Sheridan, OR 97378
370 NW YAMHILL ST, Sheridan, OR 97378
370 NW YAMHILL ST, Sheridan, OR 97378
370 NW YAMHILL ST, Sheridan, OR 97378
370 NW YAMHILL ST, Sheridan, OR 97378
370 NW YAMHILL ST, Sheridan, OR 97378
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Michael Green

Michael Green

+1(405) 227-5773
Listed by Keller Williams PDX Central
$ 374,000
Est. payment | /mo

1,672 SqFt

Save
$ 374,000
Est. payment | /mo
Save

1,672 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,672 sqft

Price per Sqft $223

MLS Listing ID 390791968

HOA Y/N No

Year Built 1945

Annual Tax Amount $1,830

Tax Year 2025

Lot Size 6,098 Sqft

Property Description

This fully remodeled duplex may be the best first step into homeownership in town! Live in one unit and rent out the other side to offset your mortgage! Each unit features 2 bedrooms, 1 bathroom, and is just under 850 square feet. The remodel was studs-out and includes updated electrical and updated plumbing, even including the main water line. The home now features LVP flooring, double pane vinyl windows, stainless steel appliances, and of course fresh paint inside and out! The roof and water heaters are approximately 6 years old. Even with low or no down financing, you may still be able to pay less than you do for rent! For investors, the property is forecasted to produce approximately a 6.98% cap rate at the $374,000 list price, based on $2,900/month in projected market rents and a 25% expense allowance. The extensive recent renovations may also help reduce near-term maintenance and capital improvement needs. Photos are virtually staged/enhanced.

Location

Province OR

County Yamhill

Area _156

Zoning R3

Rooms

Basement Crawl Space

Interior

Heating Baseboard, Zoned

Exterior

Roof Type Shingle

Garage No

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Faulconer-Chap

Middle Schools Faulconer-Chap

High Schools Sheridan

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

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370 NW YAMHILL ST

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