Car-Dependent

4355 RIVERVIEW AVE

West Linn, OR 97068


$1,250,000

Open House Dates

MULTIFAMILY
MLS
15208564
FIVE duplexes on SIX tax lots with a potential buildable lot in great West Linn location near schools and transit. Each unit is spacious: 3 bd/1.5 ba/1,200+sf. 2 parking spots/unit + 2 guest spots. Easy to manage, well-maintained buildings with recent capital improvements: roofs, siding, windows, paint, gutters, etc. Extremely low turnover. Current rents clearly under market. 6.7% CAP rate - could easily be higher.
Hasson Company Realtors

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Property Details
Price
$1,250,000
Levels
3
Year Built
1972
Garage Spaces
20
No. Units
10
Terms
Cash, Conventional Loan, Other
Location
County:
Clackamas
Status:
Sold
Estimated Taxes:
$11,123
Listing Office:
Windermere Stellar
Listing Last Updated:
October 12, 2015 9:37 AM
Schools
Elementary
Sunset
Middle
Rosemont Ridge
High
West Linn

 Interior
Interior
Heating
Baseboard
Fuel
Electricity
Hot Water
Electricity
Basement
Finished, Full Basement

 Exterior
Exterior
Basement
Finished, Full Basement
Roof Type
Flat
Description
Vinyl
Wood

 Lot & Land
Lot & Land
Zoning
MFR
Sewer
Public
Water
Public
View
Trees
lot description
Commons
Corner
Sloped
Trees


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West Linn


Called the city of hills, trees and rivers, West Linn is home to about 24,000 residents, and is located along the Willamette and Tualatin rivers just 20 minutes from downtown Portland. The area was first settled in the early 1840’s when Robert Moore purchased 1,000 acres of land from the Wallamut Indians and set out to build a town called Robin's Nest. It was eventually incorporated as West Linn in 1913.

 

VIBE AND STYLE

West Linn is a vibrant community where citizens, civic organizations, businesses and city government work closely together to ensure that it retains its hometown feel, high quality of life and natural beauty. Considered a quiet bedroom community with meandering streets, mature trees and river views, West Linn is a quiet getaway from the city. 

Whether you’re looking for a historic home, luxury estate, townhouse or condo, you’ll find it in West Linn. Homes along the Willamette River and lining the hilltops around the city offer magnificent views of the rivers and Cascade Mountains. 

 

LOCAL SCENE

The Willamette Falls Locks straddle the thundering 40-foot falls of the Willamette River. This National Historic Site offers boating, scenic views and a museum offering displays and photographs depicting the system’s 137-year heritage.

You'll find restaurants offering fine dining, brew pubs, family restaurants and cafés. If you're looking for something other than Northwest cuisine, you'll find choices from around the globe including Italian, Chinese, Mexican, German and Thai.

 

OUTDOOR SANCTUARY

Flanked by the Willamette and Tualatin Rivers, West Linn is home to fishing and boating enthusiasts alike. The area also offers wildlife viewing and numerous hiking trails. With 17 parks and open spaces, residents and visitors can stroll among Douglas firs and take in the river and mountain views.



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


Directors Mortgage

In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


4 Listings  |  1.53 mi. Radius  |   within 10% of Listing Price
  • Active
  • Pending
  • Open House

Sold at $1,125,000

423 MONROE ST
Oregon City, OR 97045

| 8,500 SQFT

Listing Courtesy of

Sold at $1,250,000

156 MOLALLA AVE
Oregon City, OR 97045

| 8,800 SQFT

Listing Courtesy of

Sold at $950,000

691 MOLALLA AVE
Oregon City, OR 97045

| 16,200 SQFT

Listing Courtesy of

Listing Courtesy of

Windermere Stellar

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: October 12, 2015 9:37 AM

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