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Dallas, Oregon Duplex-Perfect Starter Investment Property!

in Recently Sold

SOLD!

$175,000
154 SW Clay St.
Dallas, OR 97338
MLS #631550

This Dallas Oregon Duplex makes a fantastic starter investment property, and you can’t beat the price! Both sides are currently rented and generating positive cash flow! Located in downtown Dallas, you’re just minutes from shopping, Highway 22 or Highway 99 making commutes nice and easy! Dallas is in the  heart of the Willamette Valley, conveniently close to the state capital of Salem and less than an hour’s drive to the Oregon Coast! Cute and clean, this 4 bedroom duplex has two, 2 bedroom, 716 square foot units. It has been tastefully remodeled down to the Sheetrock and up to the new roof! Inside you’ll find new carpet, laminate and vinyl flooring, new light and plumbing fixtures throughout and new appliances in the kitchen! The home also boasts new interior and exterior paint and all work was done with permits! You and your tenants will appreciate the separately fenced backyards and individual decks! Each unit has its own gravel parking space.  One unit is currently rented for $690/month and the other is leased for the year at $875/month!  The projected annual income is $18,780 with an adjusted gross income of $16,902. Dallas is a wonderful community to invest in with necessary conveniences and a friendly, small town atmosphere. Anything Dallas lacks can be found in Salem, just a short 15 minute drive away!

Dallas Investment Property-Duplex

  • 2 bedrooms/1 bathroom units
  • 716 sq. ft. each
  • built 1940
  • complete remodel
  • separate decks
  • fenced backyards
  • electric heat
  • dishwashers
  • stoves
  • low property taxes

Possibly Related:

  1. Dallas Duplex-Investment Opportunity!
  2. Perfect Starter Home in Dallas!

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