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Listing provided courtesy of Hofenbredl Realty LLC- MLS# 552452297MLS Provider

441 SW WALNUT STWillamina, OR 97396

Multi-Family · 4,032 Sq. ft. | 0.29 Acres
$750,000 Active

441 SW WALNUT ST Overview

Time on Site:
1 hours
Visits:
0

This well-maintained 8-unit property offers a strong investment opportunity with all units designed for ease of living and consistent rental appeal. Each apartment is single-level and features a functional one-bedroom, one-bath layout with an open-concept kitchen, dining, and living room area that maximizes space and natural light.Several units include small private back patios, providing tenants with desirable outdoor space and added privacy. The property also features an on-site coin-operated laundry facility, offering convenience for residents and an additional income stream for ownership.With its practical design, ground-level accessibility, and desirable unit layout, this 8-plex is well-suited for stable occupancy and long-term rental demand. The combination of simplicity, functionality, and tenant amenities makes it an attractive addition to any investment portfolio.

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441 SW WALNUT ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,032
  • Price/Sq.ft. $186
  • Lot 0.29 Acres

Details

General

School Information

  • Elementary School: Willamina
  • Middle Or Junior School: Willamina
  • High School: Willamina

Income/Expenses

  • Gross Income: 52800.0
  • Net Operating Income: 25681.0
  • Operating Expense: 27119.0

Building Information

  • Year Built: 1971

Location/Region

  • Country: US
  • County Or Parish: Polk
  • MLS Area Major: 167 - Polk Co: Except Salem

Community/Development

  • Community Features: Laundry

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 5674.46
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 277196
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: R-1

Interior

Parking Information

  • Garage Spaces: 0

Building Interior

  • Building Area Total: 4032.0

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Assigned,On Street
  • Parking Total: 8.0

Lot Information

  • Lot Features: Level,Trees
  • Lot Size Acres: 0.29
  • Lot Size Square Feet: 12632.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Metal

General Information

  • Number Of Units Total: 8
  • Sewer: Public Sewer

441 SW WALNUT ST Neighborhood

Community

97396 (Willamina) Demographics

41
Median Age
72
Population Density (per sq. mile)
23%
College Educated
$45,163
Estimated Median Income
1,036
Estimated Total Home Owners
327
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

441 SW WALNUT ST Monthly Cost

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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.

441 SW WALNUT ST Market Data

Based on the last 30 days in this zip code

$531,705
Average List Price
$324
Average Price per Square Foot
7
Properties Sold
98
Average Days on Market
40
Properties for Sale
Calculations provided by Reliance Network

441 SW WALNUT ST History

Date Event Value Agent
6/30/2026Source: Regional MLS Added to Database
June 30, 2026