$860,000
 $4,617 est/mo Sourced by Back At You

1400 Falcon Loop,Independence, OR 97351

Independence, OR 97351

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Description

Excellent investment opportunity in Independence's Ash Creek neighborhood. This four-unit townhome-style multifamily property features four 2-bedroom, 2-bath units, each approximately 1,004 square feet, offering investors a well-positioned asset with strong long-term rental potential. The property is conveniently located near downtown Independence, Western Oregon University, shopping, dining, and schools, helping support consistent tenant demand. With generous unit sizes, attached garages, and a desirable location within the growing Independence market, this fourplex presents an attractive opportunity for investors seeking stable income potential and long-term appreciation. Do not disturb tenants

Details

MLS #317935931
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2004
Days On Site19
Listing Provided ByCascade Hasson Sotheby's International Realty | Drew Shane

Features

SQ Feet4,019
Garage4
Story(s)2
Units4
ZoningRM
Acreage0.25
Property ViewSeasonal, TreesWoods

Interior

HeatingZoned
Heating YnYes
CoolingNone
Cooling YnNo

Exterior

RoofComposition
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel, Seasonal

Parking

Attached Garage YnNo
Parking FeaturesDriveway, Garage

Taxes

Property7316

Area Information

StateOR
CountyPolk
CityIndependence
Zip Code97351
Community NameAsh Creek
School DistrictCentral
Elementary SchoolAsh Creek
High SchoolCentral
Listing VS Median (in Ash Creek)
Price:
$860,000
low | high
Med:
$860,000
50% of Average
sqft:
4,019
low | high
Med:
4,019
50% of Average
$ / sqft:
$214
low | high
Med:
$214
50% of Average
On site:
19
low | high
Med:
19
100% of Average
Sourced by Back At You

Market Activity 97351

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Learn More About This Property

StateOR
CountyPolk
CityIndependence
Zip Code97351
Community NameAsh Creek
School DistrictCentral
Elementary SchoolAsh Creek
High SchoolCentral
Listing VS Median (in Ash Creek)
Price:
$860,000
low | high
Med:
$860,000
50% of Average
sqft:
4,019
low | high
Med:
4,019
50% of Average
$ / sqft:
$214
low | high
Med:
$214
50% of Average
On site:
19
low | high
Med:
19
100% of Average
Sourced by Back At You
Listing Updated: September 4, 2026 at 1:52:54 PM PDT