Date
Details
Price
Change
Source
9/11/2026
Listed
$525,000
—
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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1/42
$525,000
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Property Description
Fully occupied multifamily investment opportunity featuring three residential units across two properties. The first property includes a 1BD/1BA (336 SF) and a 4BD/2.5BA (2,103 SF) unit. The second property is a stand-alone 3BD/2BA home. With all units occupied, this property offers diversified rental income and an attractive opportunity for investors seeking an established income-producing asset.
Full Property Details
Full Property Details for 766 S Second St
General
- Price: $525,000
- Taxes: $4,581 (2025)
- Status: Active
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 844917
- Updated: 9/11/2026
- Added to Site: 32 day(s) ago
Interior
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 8
Exterior
- Color: White
Location
- County: LINN COUNTY
- Subdivision: Lebanon, Plan of
- Complex: Donaca Apartments
- Driving Directions: South on Main St, Right on Sherman, left on 2nd St
School Information
- Elementary School: Green Acres
- Middle School: Seven Oak
- High School: Lebanon
Heating & Cooling
- Heating Type: Ductless/Mini-Split
- Heating Fuel: Ductless/Mini-Split
- Water Heater: Electric
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Shingle
- Square Feet: 3,666
- Year Built: 1948
Unit Information
- Units in Building: 3
Unit 1
- Square Feet: 336
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: 2103
- Total Bathrooms: 2.5
- Bedrooms: 4
Unit 3
- Square Feet: 1227
- Total Bathrooms: 2
- Bedrooms: 3
Unit 4
- Level: Ticor
Unit 5
- Square Feet: 1
Unit 6
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 1,227
- Frontage Feet: 2103
- Zoning: Central Business
- Lot Description: 3
Financial Considerations
- Price Per Sq. Ft.: $143.21
- Price Per Acre: $2,187,500
- Assessment Year: 1948
- Assessment Amount: $66
- Tax Amount: $4,581
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 3
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NMLS#: 1598647
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Schools
Schools serving 766 S Second St
School District:Lebanon Community School District 9
| Name | Grades | Distance |
|---|---|---|
Green Acres School 700 South 10th Street, Lebanon, OR 97355 | K-5 | 0.7 mi |
Seven Oak Middle School 550 Cascade Drive, Lebanon, OR 97355 | 6-8 | 2.1 mi |
Lebanon High School 1700 South 5th Street, Lebanon, OR 97355 | 9-12 | 0.7 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 766 S Second St
Estimate the Cost
Estimate the Cost for 766 S Second St
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Listed By: NANCY. KRUSE | Exp Realty, Llc
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- Manufactured Home
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,188Sq. Ft.
Listed By: MARNIE. ZOA | Zoa Realty and EAVIE. HUNT | Zoa Realty
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 2,294Sq. Ft.
Listed by RE/MAX Integrity, Christie Pendley
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 2,294Sq. Ft.
Listed By: CHRISTIE. PENDLEY | Re/Max Integrity Albany Branch and PAT. PENDLEY | Re/Max Integrity Albany Branch
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,920Sq. Ft.
Listed By: ROBIN. EWRY | Vantage Point Brokers, Llc
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- Multi-Family
- Closed
- 5Total Beds
Listed By: LAURA. GILLOTT | Keller Williams Realty Mid-Willamette - Gillott Team and JON. SUGDEN | Keller Williams Realty Mid-Willamette - Gillott Team
Sold by LESLIE. HILBERT | Keller Williams Sunset Corridor
Sold by LESLIE. HILBERT | Keller Williams Sunset Corridor
- Duplex
- Closed
- Updated 11 days ago
- 5Beds
- 6Total Baths
- 2,462Sq. Ft.
Listed By: KARISTEN. BAXTER | Premiere Property Group, Llc Albany
Sold by NICHOLAS. BRADLEY | Pellego Llc
Sold by NICHOLAS. BRADLEY | Pellego Llc
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,384Sq. Ft.
Listed By: JAMIE. MELCHER | Homesmart Realty Group - Albany
Sold by RONDA. HOUSER | Nexthome Realty Connection
Sold by RONDA. HOUSER | Nexthome Realty Connection
- Single Family
- Sold
- 3Beds
- 2Total Baths
- 1,384Sq. Ft.
Listed by HomeSmart Realty Group, Jamie Melcher
Sold by Non Rmls Broker, OR and WA Non Rmls
Sold by Non Rmls Broker, OR and WA Non Rmls
766 S 2nd St, Lebanon, OR 97355 (MLS# 844917) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 766 S 2nd St is currently listed for $525,000 and was received on September 11, 2026. Want to learn more about 766 S 2nd 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.