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Listing provided courtesy of eXp Realty, LLCMLS# 603101553MLS ProviderContact Information: 503-389-0821
  • 102 days on site
  • 1 views

Two adorable and nicely updated homes on one lot, perfect for investors or owner-occupants looking to offset their mortgage! Situated on .11 acres, this unique property features two separate 1 bed / 1 bath homes, offering flexibility and strong income potential. Both homes have been tastefully updated with beautiful laminate flooring and equipped with new mini-split systems for efficient heating and cooling. Each unit includes a range and refrigerator, making them truly move-in or rent-ready. The front home has seen additional improvements, including a newer roof, updated sheetrock and insulation, and a new shower in the bathroom. Enjoy privacy and security with fully fenced homes, plus convenient on-site parking. The location is hard to beat, just minutes from shopping, dining, parks, and schools, with a great walkability factor. Live in one and rent the other, or maximize your returns with two income-producing units, this is a fantastic opportunity you won't want to miss!

Source: Regional MLS, MLS#: 603101553

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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  • Median Age
    38
  • Population Density
    42
  • College Educated
    34%
  • Estimated Median Income
    $60,830
  • Estimated Total Home Owners
    4,261
  • Estimated Total Renters
    2,986
  • Owner / Renter Divide
    59% / 41%
  • Estimated Average Household Size
    3
  • Total Population
    20,859
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* 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 515 SE 4TH ST

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
6/19/2026Source: Oregon Datashare Status Change
Pending
6/19/2026Source: Regional MLS Status Change
Pending
6/2/2026Source: Oregon Datashare Status Change
Active
6/2/2026Source: Regional MLS Status Change
Active
5/26/2026Source: Oregon Datashare Status Change
Pending
5/26/2026Source: Regional MLS Status Change
Pending
4/10/2026Source: Oregon Datashare Status Change
Active
4/10/2026Source: Regional MLS Status Change
Active
3/31/2026Source: Oregon Datashare Status Change
Pending
3/31/2026Source: Regional MLS Status Change
Pending
3/19/2026Source: Oregon Datashare Added to Database
March 19, 2026
3/19/2026Source: Regional MLS Added to Database
March 19, 2026
2/8/2026Source: Regional MLS Status Change
Sold
1/20/2026Source: Regional MLS Status Change
Pending
12/16/2025Source: Regional MLS Price Reduction
$199,000 -5.2%
11/11/2025Source: Regional MLS Price Reduction
$210,000 -6.7%
10/7/2025Source: Regional MLS Added to Database
October 07, 2025