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Duplex Lot with ADU Approval
For Sale
$325,000

1475 Barn Street, Woodburn, OR 97071

Rare opportunity: duplex lot with ADU approval near I5.

Property Size6,097 SF
Price / SF$53.30
Days on Market669

Property Features for 1475 Barn Street

General Information

Standard status Active
Size 6,097 SF
Property subtype Land / Unimproved Land
Zoning Multi Family

Amenities

High Speed Internet
Listing Agency: HOMESMART REALTY GROUP
Listed By: ROBIN BONNIE · License #200104091
Source: Compass
Added: Nov 26, 2024 Changed: Sep 8 Last Checked: Sep 8 at 5:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOMESMART REALTY GROUP

Investment Insights

Based on property information with market context.

This is a rare opportunity to own an income-producing property. The property is an approved duplex lot with an ADU, located in a new multifamily subdivision on the outskirts of town, approximately a 5-minute drive to I5. The subdivision consists of 11 lots, all sold separately. Nine of the lots are approved for duplexes, with two of those also approved for ADUs, and two lots are approved for triplexes. Approved building designs for duplexes on these lots are also available for purchase. Street improvements have been made, and utilities are available at the street. There are no HOAs. A builder's package may be available.

Key Highlights

  • Approved duplex with ADU potential: Rare opportunity for income‑producing property.
  • Duplex lot in new multifamily subdivision: Part of an 11‑lot development.
  • Convenient location: Approximately 5‑minute drive to I5.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Locksmith Furniture & Home Goods Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby

Demographics for 97071, OR

30,777
Population
10,595
Households
2.9
Avg Household Size
35
Median Age
17%
College-Educated
72%
High-School Grad
51.7 sq mi
ZIP Area
595
Density / Sq Mi
$70,130
Median Household Income
$35,927
Median Earnings
$1,382
Median Rent
$316,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare opportunity: duplex lot with ADU approval near I5.
Where is this residential land & home lot located?
The property is located at 1475 Barn Street Woodburn, OR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approved duplex with ADU potential: **Rare opportunity for income‑producing property.**; Duplex lot in new multifamily subdivision: Part of an 11‑lot development.; Convenient location: Approximately 5‑minute drive to I5.
More about this property
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