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Listing provided courtesy of Fairfield RealtyMLS# 220198381MLS Provider
  • 458 days on site
  • 7 views

Back on the market and ready for a new owner! Here's a solid investment opportunity in the charming town of Merrill, Oregon. This rare duplex offers two separate units, each with its own address and layout. 425 W 1st St (3 Bed / 1 Bath): This larger unit features three bedrooms, a recently remodeled bathroom, and a comfortable living space with two fireplaces. You'll also find a spacious mudroom, dedicated laundry room, cozy living area, and a fenced backyard ideal for outdoor use or gardening. 131 N Polk St (2 Bed / 1 Bath): This unit offers two bedrooms, one bathroom, and convenient garage access. The interior has an unexpectedly spacious feel with two separate living areas, allowing flexibility for tenants, guests, or home office space. Recent improvements include a new roof (2013), updated energy-efficient windows (2014), fresh exterior paint (2022), and new flooring in the two-bedroom unit. The property is currently fully occupied, making this a great investment opportunity.

Source: Oregon Datashare, MLS#: 220198381

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  • Property Type
    Residential Income
  • Lot
    0.31 acres

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  • Median Age
    45
  • Population Density
    42
  • College Educated
    31%
  • Estimated Median Income
    $45,933
  • Estimated Total Home Owners
    370
  • Estimated Total Renters
    175
  • Owner / Renter Divide
    68% / 32%
  • Estimated Average Household Size
    2
  • Total Population
    1,263
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 425 W 1st Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/12/2026Source: Oregon Datashare Status Change
Active
10/6/2025Source: Oregon Datashare Status Change
Pending
3/29/2025Source: Oregon Datashare Added to Database
March 29, 2025