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$275,000
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Property Description
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
Full Property Details for 488 B St
General
- Sold For: $275,000
- Taxes: $1,351 (2024)
- Status: Sold
- Type: Single Family
- Source: RWMLS
- MLS ID: 212033721
- Added to Site: 194 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
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
- Midd School District: Talmadge
- 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
- Disclosures/Reports: Disclosure
- Property ID: 203883
Listed by eXp Realty, LLC (888) 814-9613, Elizabeth Boisvert (541) 243-2547
Sold by Coldwell Banker Mountain West (503) 364-9596, Robin Ramirez
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Schools
Schools serving 488 B St
School District:Central School District 13j
| Name | Grades | Distance |
|---|---|---|
Independence Elementary School 150 South 4th Street, Independence, OR 97351 | K-5 | 0 mi |
Talmadge Middle School 51 South 16th Street, Independence, OR 97351 | 6-8 | 1 mi |
Central High School 1530 Monmouth Street, Independence, OR 97351 | 9-12 | 1 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 488 B St
Date
Details
Price
Change
Source
3/06/2026
Sold
$275,000
—
MLS
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
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
488 B St, Independence, OR 97351 (MLS# 212033721) is a Single Family property that was sold at $275,000 on March 06, 2026. 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.

