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$750,000 Just Listed
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Property Description
7 unit complex conveniently located on the North side of town. 6 units are one bedroom / one bath, one unit is 2 bedroom 2 bath with laundry hookup. Units are 100% occupied rents and expenses with management reflect a Cap rate of 6.8% at asking price. No showings without accepted offer please do not contact tenants.
Full Property Details
Full Property Details for 340 S Main St
General
- Price: $750,000
- Taxes: $4,565 (2025)
- Status: Active
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 840732
- Updated: 5/7/2026
- Added to Site: 1 day(s) ago
Location
- County: LINN COUNTY
- Complex: Main Street multi plex
Utilities
- Sewer: City
- Water: City
- # Electric Meters: 3000
Structural Information
- Roof: Composition
- Square Feet: 3,349
- Below Ground: 420 Sq. Ft.
- Year Built: 1938
Unit Information
- Units in Building: 7
- Units w/Range/Oven: 22200
Unit 1
- Square Feet: 324
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: 324
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Square Feet: 1039
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Square Feet: 342
- Level: Ticor
- Total Bathrooms: 1.5
- Bedrooms: 1
Unit 5
- Square Feet: 1
Unit 6
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 1,039
- Frontage Feet: 324
- Lot Description: 6300
Financial Considerations
- Price Per Sq. Ft.: $223.95
- Price Per Acre: $3,125,000
- Assessment Year: 1938
- Tax Amount: $4,565
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 6300
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Schools
Schools serving 340 S Main St
School District:Lebanon Community School District 9
| Name | Grades | Distance |
|---|---|---|
Green Acres School 700 South 10th Street, Lebanon, OR 97355 | K-5 | 0.8 mi |
Seven Oak Middle School 550 Cascade Drive, Lebanon, OR 97355 | 6-8 | 2.3 mi |
Lebanon High School 1700 South 5th Street, Lebanon, OR 97355 | 9-12 | 0.9 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 340 S Main St
Date
Details
Price
Change
Source
5/07/2026
Listed
$750,000
28.21%
MLS
4/26/2022
Sold
$585,000
—
Public Record
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 340 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,565
3%
$216,360
3%
2024
$4,414
3%
$210,060
3%
2023
$4,272
6%
$203,950
6%
2021
$4,033
-4%
$192,250
-3%
2022
$4,182
4%
$198,010
6%
2021
$4,033
10%
$186,660
3%
2019
$3,670
6%
$181,230
3%
2018
$3,463
4%
$175,960
3%
2017
$3,336
10%
$170,840
3%
2016
$3,041
3%
$165,870
3%
2015
$2,956
—
$161,040
3%
2014
$2,965
1%
$156,350
3%
2013
$2,947
—
$151,800
—
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 340 S Main St
340 S Main St, Lebanon, OR 97355 (MLS# 840732) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 340 S Main St is currently listed for $750,000 and was received on May 07, 2026. Want to learn more about 340 S Main St? Do you have questions about finding other Multi-Family real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

