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$767,300
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Property Description
Rare opportunity to acquire a fully occupied 4-unit multifamily property totaling 3,696 sq ft on a generous 11,326 sq ft lot. Each unit offers 924 sq ft of well-maintained living space, ideal for long-term rental stability. Located near downtown Woodburn and major commuter routes, this low-vacancy asset is poised for consistent cash flow with upside potential. Strong rental demand, separately metered units, and established tenancy make this an excellent addition to any investment portfolio. Updates include new roof, new paint and new siding as well as 80% replaced windows. Currently rented WELL under market. Listing agent has interest in ownership entity and is licensed in OR and WA.
Full Property Details
Full Property Details for 1028 N 3rd St
General
- Sold For: $767,300
- Taxes: $6,037
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 638231879
- Added to Site: 185 day(s) ago
Rental Information
- Rent Includes: Trash Collection
Additional Information
- Security/Safety: None
Parking
- Garage: Yes
- Total Spaces: 4
- Parking Features: Driveway, Garage
Location
- County: Marion
- Subdivision: WOODBURN
- Driving Directions: NE 3rd Street & Settlemier
School Information
- Midd School District: Valor
- Elementary School: Nellie Muir
- Middle School: Valor
- High School: Woodburn
Community
- Community Name: 170 - Marion Co: Except Salem and Keizer
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Crawl Space
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,696
- Year Built: 1992
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,325
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Paved
- Lot Features: Level, Public Road, Trees
Financial Considerations
- Tax Amount: $6,037.05
- Terms: Call Listing Agent, Cash, Contract, Conventional, Lease Option
Disclosures and Reports
- Property ID: 108501
Listed by Epique Realty (503) 819-9191, Paul Campbell (503) 307-0769
Sold by eXp Realty LLC (888) 814-9613, Zulay Serrano
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Schools
Schools serving 1028 N 3rd St
School District:Woodburn School District 103
| Name | Grades | Distance |
|---|---|---|
Nellie Muir Elementary School 1800 West Hayes Street, Woodburn, OR 97071 | K-5 | 0.7 mi |
Valor Middle School 450 Parr Road Northeast, Woodburn, OR 97071 | 6-8 | 1.2 mi |
Woodburn Academy Of Art Science And Technology 1785 North Front Street, Woodburn, OR 97071 | 9-12 | 0.5 mi |
Woodburn Arts And Communications Academy 1785 North Front Street, Woodburn, OR 97071 | 9-12 | 0.5 mi |
Wellness Business And Sports School 1785 North Front Street, Woodburn, OR 97071 | 9-12 | 0.5 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 1028 N 3rd St
Date
Details
Price
Change
Source
9/17/2025
Sold
$767,300
-4.09%
MLS
7/16/2025
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1028 N 3rd St, Woodburn, OR 97071 (MLS# 638231879) is a Multi-Family property that was sold at $767,300 on September 17, 2025. Want to learn more about 1028 N 3rd St? Do you have questions about finding other Multi-Family real estate for sale in Woodburn? You can browse all Woodburn real estate or contact a Coldwell Banker agent to request more information.

