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$215,000 -$10,000 (-4.44%) Price Reduced
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Property Description
A rare opportunity, this one-of-a-kind property sits on over ½ acre with a seasonal creek running through. Featuring a 900+ sq ft main home, multiple outbuildings, and a vintage logging cook shack with original wood floors-ideal for an office or potential ADU. Possible lot subdivision per city (buyer to verify). With as little as 3.5% down, a rehab loan could help create instant equity! Great for investment, expansion, homestead or peaceful living just steps from town, waterfalls, biking & hiking!
Full Property Details
Full Property Details for 554 Mitchell St
General
- Price: $215,000
- Taxes: $1,202 (2025)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 830636
- Updated: 3/10/2026
- Added to Site: 260 day(s) ago
Interior
- Flooring: Other(Refer to Remarks)
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Color: Green
Parking
- Garage Description: Carport
Location
- County: POLK COUNTY
School Information
- Elementary School: Falls City
- Middle School: Falls City
- High School: Falls City
Heating & Cooling
- Heating/Cooling: Wood, Stove
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City, Connected
Structural Information
- Roof: Composition, Shingle
- Square Feet: 992
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.53
- Zoning: Res
- Lot Description: 1, 2, 3
Financial Considerations
- Price Per Sq. Ft.: $216.73
- Assessment Year: 1941
- Tax Amount: $1,202
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 123
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Schools
Schools serving 554 Mitchell St
School District:Falls City School District 57
| Name | Grades | Distance |
|---|---|---|
Falls City Elementary School 177 Prospect Avenue, Falls City, OR 97344 | K-8 | 0.2 mi |
Falls City High School 111 North Main Street, Falls City, OR 97344 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 554 Mitchell St
Date
Details
Price
Change
Source
3/10/2026
Price Reduced
$215,000
-4.44%
MLS
12/12/2025
Price Reduced
$225,000
-10%
MLS
6/25/2025
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 554 Mitchell St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,250
4%
$90,270
3%
2024
$1,202
3%
$87,650
3%
2023
$1,169
6%
$85,100
6%
2021
$1,102
-3%
$80,230
-3%
2022
$1,133
3%
$82,630
6%
2021
$1,102
6%
$77,900
3%
2019
$1,043
3%
$75,640
3%
2018
$1,008
10%
$73,440
3%
2017
$913
-1%
$71,310
3%
2016
$919
3%
$69,240
3%
2015
$895
11%
$67,230
3%
2014
$808
1%
$65,280
3%
2013
$800
—
$63,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 554 Mitchell St
554 Mitchell St, Falls City, OR 97344 (MLS# 830636) is a Single Family property with 3 bedrooms and 1 full bathroom. 554 Mitchell St is currently listed for $215,000 and was received on June 25, 2025. Want to learn more about 554 Mitchell St? Do you have questions about finding other Single Family real estate for sale in Falls City? You can browse all Falls City real estate or contact a Coldwell Banker agent to request more information.

