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Dallas Duplex-Investment Opportunity!

in Recently Sold


951 SW Ellis St.
 Dallas, OR 97338
OR MLS #658791
Just Reduced to $110,000!

   If you are looking for an investment opportunity, this Dallas, Oregon duplex could be just the thing! Steady renters and a great location make this duplex priced at just $119,900 a prime opportunity. Built in 1908, this 2 story home was converted to be upstairs and downstairs units. It’s 0.21 acre lot provides plenty of room for parking and a partially fenced yard. The covered front deck welcomes you and lends a homey feel. Just a few blocks from downtown Dallas, the location is perfect for those desiring to be close to restaurants, shopping and services and is a quick commute to Hwy 22W, Hwy 99W or Kings Valley Hwy.

Both units have gas forced air heating, carpet and vinyl flooring, an electric range and a refrigerator. City water and city sewer are connected and they have electric water heaters.  Unit 1 is located on the main floor and has 3 bedrooms, 1 bathroom. It’s 1332 sq. ft. It currently rents for $550.00/month and as a Section 8, it’s leased for a year. Unit 1 also has a washer/dryer hookup.

Unit 2 is on the 2nd floor. It has 2 bedrooms, 1 bathroom and is 996 sq. ft. It currently rents for $450.00/month (not Section 8).

The Gross Scheduled Income is $12,000.00. Property taxes for 2012 are $1,631.00. Insurance is $397.00/year and Water and Sewer are approximately $130/month. Don’t miss this wonderful investment opportunity in a growing community! Call Yolanda for your private showing 503-580-7031!

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