Date
Details
Price
Change
Source
9/04/2026
Listed
$860,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/14
$860,000
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Property 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
Full Property Details
Full Property Details for 1400 Falcon Loop
General
- Price: $860,000
- Taxes: $7,316 (2025)
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 317935931
- Updated: 9/4/2026
- Added to Site: 16 day(s) ago
Rental Information
- Rent Includes: Electricity, Maintenance Grounds, Sewer, Trash Collection, Water
Parking
- Garage: Yes
- Total Spaces: 4
- Parking Features: Driveway, Garage
Location
- County: Polk
- Subdivision: Ash Creek
- Driving Directions: Monmoth St> S 13th St> FSt> Falcon Loop
School Information
- Elementary School: Ash Creek
- Middle School: Talmadge
- High School: Central
Community
- Community Name: 167 - Polk Co: Except Salem
Heating & Cooling
- Cooling Type: None
- Heating Type: Zoned
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,019
- Year Built: 2004
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Paved
- Lot Features: Level, Seasonal
Financial Considerations
- Operating Expenses: $22,618
- Tax Amount: $7,316.83
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LOT 1
- Disclosures/Reports: Exempt
- Property ID: 565313
Listed by Cascade Hasson Sotheby's International Realty (541) 383-7600, Drew Shane (503) 747-9478
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Listing agent
— 1400 Falcon Loop —
Drew Shane
Cascade Hasson Sotheby's International Realty
541-383-7600
NMLS#: 1598647
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Schools
Schools serving 1400 Falcon Loop
School District:Central School District 13j
| Name | Grades | Distance |
|---|---|---|
Ash Creek Elementary School 1360 N 16th St, Monmouth, OR 97361 | K-5 | 1 mi |
Talmadge Middle School 51 South 16th Street, Independence, OR 97351 | 6-8 | 0.5 mi |
Central High School 1530 Monmouth Street, Independence, OR 97351 | 9-12 | 0.3 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 1400 Falcon Loop
Tax History
Tax History for 1400 Falcon Loop
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,317
—
$412,930
3%
2025
$7,317
4%
$400,910
3%
2024
$7,050
-3%
$389,240
3%
2023
$7,231
10%
$377,910
6%
2021
$6,564
-1%
$356,230
-3%
2022
$6,638
1%
$366,910
6%
2021
$6,564
5%
$345,860
3%
2019
$6,227
3%
$335,790
3%
2018
$6,028
1%
$326,010
3%
2017
$5,995
-2%
$316,520
3%
2016
$6,106
4%
$307,310
3%
2015
$5,867
2%
$298,360
3%
2014
$5,742
6%
$289,670
3%
2013
$5,419
—
$281,240
—
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 1400 Falcon Loop
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,166Sq. Ft.
Listed By: LISA ANN. SCHEIRMAN | Homesmart Realty Group - Monmouth
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,676Sq. Ft.
Listed By: MAT. GENUSER | Simplihom
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,596Sq. Ft.
Listed By: CHANDRA. REYNOLDS | Homesmart Realty Group
- Land Residential
- Active
- Updated 3 days ago
- 5Acres
Listed by eXp Realty, LLC, Jordan Marx
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,342Sq. Ft.
Listed By: LEANNA & TREVOR. SMITH | Exp Realty, Llc
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 3,134Sq. Ft.
Listed By: TANNA. CABLE GIROD | C Cable Realty
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 2,240Sq. Ft.
Listed By: NATALIE. BECK-BOYECHKO | Premiere Property Group, Llc - South Salem
- Manufactured Home
- Active
- Updated 5 days ago
- 2Beds
- 1Total Bath
- 784Sq. Ft.
Listed by SimpliHOM, Sarah Hedal
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- Single Family
- Closed
- 4Beds
- 4Total Baths
- 2,145Sq. Ft.
Listed By: EVE. OLSEN | Homesmart Realty Group
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
- Single Family
- Sold
- 4Beds
- 3Total Baths
- 2,145Sq. Ft.
Listed by HomeSmart Realty Group, Eve Olsen
Sold by Non Rmls Broker, OR and WA Non Rmls
Sold by Non Rmls Broker, OR and WA Non Rmls
- Single Family
- Closed
- 5Beds
- 4Total Baths
- 2,745Sq. Ft.
Listed By: ERIC. FISKUM | Re/Max Integrity - Salem
Sold by EDDIE. ZAPIEN | Works Real Estate
Sold by EDDIE. ZAPIEN | Works Real Estate
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,702Sq. Ft.
Listed By: KIMBERLY & TODD. GRAY | Homestar Brokers
Sold by LEIGHA. CARVER | Paramount Real Estate Services
Sold by LEIGHA. CARVER | Paramount Real Estate Services
1400 Falcon Loop, Independence, OR 97351 (MLS# 317935931) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1400 Falcon Loop is currently listed for $860,000 and was received on September 04, 2026. Want to learn more about 1400 Falcon Loop? Do you have questions about finding other Multi-Family real estate for sale in Independence? You can browse all Independence real estate or contact a Coldwell Banker agent to request more information.