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$275,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 560 Sq. Ft.
  • Updated 13 days ago
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Cozy 2-bed, 1-bath home in the heart of Independence! This single-level residence offers 560 sq ft of efficient living on a nearly 5,000 sq ft lot, making it an excellent option for first-time buyers, investors, or those looking to downsize without sacrificing outdoor space. Inside, the space has everything you need for a simple and functional lifestyle-with a practical floorplan, open kitchen, and flexible living area that can adapt to your needs. The spacious yard provides room for gardening, entertaining, or future personalization-whether it's converting the tool shed into an outdoor kitchen or covered patio, developing the raised beds, or simply enjoying the green space. Located just blocks from Downtown Independence, this home puts you close to the Farmers Market, summer Concerts in the Park, and a variety of cafes, wine bars, and restaurants. The Willamette River and Riverview Park offer scenic views and easy access to community paths and green spaces. With low-maintenance layout, prime location, and versatile lot, this property also presents an excellent opp for Airbnb or short-term rental potential (buyer to verify local regulations). Whether you're looking to settle in, simplify, or invest in a growing community, 488 B Street is worth a look.

Full Property Details for 488 B St

General

  • Price: $275,000
  • Taxes: $1,351 (2024)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 212033721
  • Updated: 1/2/2026
  • Added to Site: 92 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Cork Floor, Quartz
  • Appliances: Dishwasher, Disposal, Free-Standing Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: Main
  • Bedroom 2: Main

Other Rooms

  • Living Room: Main
  • Kitchen: Main

Exterior

  • Exterior Features: Covered Deck, Outbuilding, Porch, Raised Beds, RV Parking, RV/Boat Storage, Storm Door(s), Tool Shed, Yard

Parking

  • Parking Features: Driveway, On Street

Location

  • County: Polk
  • Driving Directions: S 4th St

School Information

  • Elementary School: Independence
  • Middle School: Talmadge
  • High School: Central

Community

  • Community Name: 167 - Polk Co: Except Salem

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Mini Split
  • Heating Type: Forced Air, Mini Split
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story
  • Basement Desc.: Crawl Space
  • Roof: Composition, Shingle
  • Windows: Double Pane Windows
  • Stories/Levels: 1
  • Square Feet: 560
  • Year Built: 1960
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Paved
  • Lot Features: Corner Lot, Trees

Financial Considerations

  • Tax Amount: $1,351.04
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Legal Description: 44.853247°/-123.190209°
  • Disclosures/Reports: Disclosure
  • Property ID: 203883

Listed by eXp Realty, LLC (888) 814-9613, Elizabeth Boisvert (541) 243-2547

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Listing agent

— 488 B St —

  • Elizabeth Boisvert

    eXp Realty, LLC

    888-814-9613

541-243-2547

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 488 B St

School District:Central School District 13j
NameGradesDistance
Independence Elementary School
150 South 4th Street, Independence, OR 97351
K-50 mi
Talmadge Middle School
51 South 16th Street, Independence, OR 97351
6-81 mi
Central High School
1530 Monmouth Street, Independence, OR 97351
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 488 B St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$275,000
-8.18%
MLS
11/14/2025
Price Reduced
$299,500
-0.13%
MLS
10/15/2025
Listed
$299,900
227.17%
MLS
2/25/2016
Sold
$91,665
—
Public Record
Get Price Alerts and Save Property
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 for 488 B St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,351
-3%
$74,590
3%
2023
$1,386
10%
$72,420
6%
2021
$1,258
-1%
$68,280
-3%
2022
$1,272
1%
$70,320
6%
2021
$1,258
5%
$66,300
3%
2019
$1,194
3%
$64,370
3%
2018
$1,156
1%
$62,500
3%
2017
$1,149
-2%
$60,680
3%
2016
$1,171
6%
$58,920
3%
2015
$1,108
1%
$57,210
3%
2014
$1,093
7%
$55,550
3%
2013
$1,022
—
$53,940
—
View All
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 for 488 B St

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NMLS#: 1598647

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Listed by eXp Realty, LLC (888) 814-9613, Elizabeth Boisvert (541) 243-2547

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Price Reduced near 488 B St

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1843 Denali Dr, Monmouth, OR 97361 - Photo 1 Price Reduced
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145 Ecols St N, Monmouth, OR 97361 - Photo 1 Price Reduced
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Listed By: YOLANDA. ZUGER | Keller Williams Capital City
Sold by BRITTANY. LEMON FINLEY | Exp Realty, Llc

488 B St, Independence, OR 97351 (MLS# 212033721) is a Single Family property with 2 bedrooms and 1 full bathroom. 488 B St is currently listed for $275,000 and was received on October 15, 2025. Want to learn more about 488 B St? Do you have questions about finding other Single Family real estate for sale in Independence? You can browse all Independence real estate or contact a Coldwell Banker agent to request more information.

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