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Active

37731 Roll Tide Ct

Lebanon OR, 97355

$2,891,000


$219.95 per sqft

Active

24 Beds

24 Baths

13,144 sqft

Multi-family

Built in 2024

New construction investment opportunity with rents of $18k monthly. 4 duplexes give you eight 3 bed, 2.5 bath townhomes. Highly desirable neighborhood, off River Drive between the Santiam River and Cheadle Lake Park. Easy access to the North Shore Trail and a walking trail that leads to the South Santiam via Riverview Park. Close to dining, shopping, Highway 20, and WOU Medical School. With the high demand for housing in this growing town, you can earn an impressive 5.73% cap rate.

810797

MLS ID

November 10, 2023

Listed

March 14, 2024

Updated

Map

37731 Roll Tide Ct
Lebanon OR, 97355

Interior Features

Bedrooms

24


Total Bathrooms

24


Interior Features

Area (Combination)


Appliances

Yes, Gas, Microwave Included, Range Included


Laundry Description

W/D Hookup


Floor Description

Carpet, Laminate, Luxury Vinyl Plank, Wood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Gas, Forced Air, Other (Refer to Remarks)

Exterior/Building Features

Lot Size

0.88 Acres


Exterior Features

Fiber Cement, Lap


Lot Features

Cul-de-sac, Yes, Partial, Garden/Low-Rise


Roof

Composition


Sewer

City

School Information

High School

Lebanon


Elementary School

Riverview

Other Property Details

Area Name

80 LINN COUNTY


Taxes

$4,602


Tax Frequency

Annually


Garage

No


View

Yes


View Description

Territorial, Water Frontage


County

Linn


Municipality

Lebanon


Water Source

City, Connected


Pool

No


Waterfront

Yes


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

2/16/2024

Price Change

$2,891,000

-19%

2/10/2024

Price Change

$3,526,000

3%

2/9/2024

Price Change

$3,526,000

3%

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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