37731 Roll Tide CT Lebanon, OR $ 2,891,000
37731 Roll Tide CT
$ 2,891,000
New Construction
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37731 Roll Tide CT

Lebanon, OR, 97355
$ 2,891,000
Bedrooms6 Baths6.0 Sq 13,144

Monthly Estimate*

$ 19,214

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Multi-Family Home for sale in Lebanon, OR

for $2,891,000 with 6 bedrooms and 6 full baths. This 13,144 square foot home was built in 2024 on a lot size of 0.88.

New construction investment opportunity with rents of $18k monthly. 4 duplexes give you eight 3 bed, 2.5 bath townhomes. Located in a highly desirable neighborhood, just off River Drive between the Santiam River and Cheadle Lake Park, provides easy access to the North Shore Trail and a walking trail that leads to the South Santiam via Riverview Park. Close to dining, shopping, and Highway 20. Proximity to a medical school and Western Oregon University, ensuring strong return on investment. With the high demand for housing in this growing town, this investment is a no-brainer, an impressive 5.73% cap rate.

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Multi-Family Active

Price

$ 2,891,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 4,602

Style

Lot Size

0.88

Year Built

2024

Town/City

Lebanon

County/Region

Linn

MLS | Web ID

23451091

Features
General
Sewer PublicSewer
Heating ForcedAir95Plus
Cooling AirConditioningReady Other
Roof Composition
Zoning RM
Garage Spaces 9.0
Year Built 2024
Stories 2
Tax Year 2023
Gross Income 213120.0
Waterfront Features Creek
County Linn
Net Operating Income 166700.0
Operating Expense 46420.0
Property Type MultiFamily
Subdivision Name RIVER TRAIL PLACE
Rent Includes None
Status Active
Directions From S Santiam Hwy 20 head E on Russel Dr. straight on to River Dr. on left after 0.6 miles
High School Lebanon
City Lebanon
Total Units 8
MLS Area _221
Lot Size Square Feet 38332.0
Street Name Roll Tide
Listing Terms Cash Conventional
Elementary School Riverview
Tax Annual Amount 4602.0
Middle/Junior High School Seven Oak
Property Condition UnderConstruction
Days on Market 196
Standard Status Active
Legal Description 12S02W14DD
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Interior
Basement None
Hot Water Gas
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit 2 Baths Total 3
Unit 2 Beds Total 3
Street Suffix CT
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features Cul_de_sac GentleSloping Level
Water Source PublicWater
Total Parking 16.0
Exterior Description CementSiding LapSiding
Foundation Details ConcretePerimeter
Building Area Total 13144.0
Lot Size Acres 0.88
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 37731
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* Excluded Features
List By
Berkshire Hathaway Homeservices Real Estate Professionals

Broker

markshadrin@bhhsnwrep.com

Email

Affordability Calculator

$19,598
Per Month
98%
2%
0%
Monthly Principal & Interest
$19,214
Monthly Property Taxes
$384
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1950930 Elementary School
1949627 Middle School
Lebanon High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2024$2,891,000 -15.20% Price Down
11/10/2023$3,409,000 Listed Price

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37731 Roll Tide CT, Lebanon, OR, 97355 is a Multi-Family Home for sale at $2,891,000 with 13,144 sqft and a lot size of 0.88. 37731 Roll Tide CT has 6 bedrooms, 6.0 baths, and was built in 2024. The property's zip code is 97355 which is in Lebanon, OR