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Townhome-Style Duplex with Fenced Yards

1416 FALCON Loop, Independence, OR 97351

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For Sale

$550,000

MULTI_FAMILY - Independence, OR

Property size:

2,332 SF

Price / SF:

$235/SF

HighLights

Townhome‑style duplex built in 2004
Open main‑level living with gas fireplace, eat‑up bar, and dedicated dining area
Main floor laundry plus a convenient half bath
Upstairs includes all three bedrooms; primary suite has vaulted ceilings, en suite bath, walk‑in closet, and private deck
Sliding door off the main living area opens to a patio and private fenced backyard

We can help!

Listing Contact

Christopher Haveman

For Sale

$550,000

MULTI_FAMILY - Independence, OR

Property size:

2,332 SF

Price / SF:

$235/SF

Added:: Mar 17, 2026
Days on Market:: 91
Last Refresh:: Jun 15 at 5:06 am

Property Features for 1416 FALCON Loop

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RH
Bedrooms: 3
Bathrooms: 3
Rooms: Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 2
Standard status: Active
APN: 565316
Size: 2,332 SF

Taxes and HOA fees

Tax Description: LOT 4
Tax Annual Amount: 5434

Utilities

Heating system: Forced Air

Building Details

Year built: 2004
Floors in Building: 2
Number of units: 2
Roof type: Composition

We can help!

Listing Contact

Christopher Haveman

Listing agent Christopher Haveman

Listing office Opt 16325 Boones Ferry Road Suite 202, Lake Oswego, OR

Listing date Mar 17, 2026

MLS# 738320959 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Townhome‑style duplex built in 2004
Open main‑level living with gas fireplace, eat‑up bar, and dedicated dining area
Main floor laundry plus a convenient half bath
Upstairs includes all three bedrooms; primary suite has vaulted ceilings, en suite bath, walk‑in closet, and private deck
Sliding door off the main living area opens to a patio and private fenced backyard

Overview

This townhome-style duplex features functional layouts and private fenced backyards. The main level offers open living spaces, including a living room adjacent to the kitchen, a gas fireplace, an eat-up bar, and a dedicated dining area. A sliding door provides access to the patio and yard, promoting indoor-outdoor flow. The main floor also includes laundry facilities and a half bath. Upstairs, all three bedrooms are located, including a primary suite with vaulted ceilings, an en suite bath, a walk-in closet, and a private deck. A full hallway bathroom serves the other bedrooms. The layout separates living and sleeping areas, offering flexibility for comfortable living or strong rental appeal. The property is located in Independence, Oregon, within Polk County. The property size is 2332 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$42.8k	$18.36
− Vacancy	−$2.8k	−$1.20
EGI	$40.0k	$17.16
− OpEx	−$12.0k	−$5.15
NOI	$28.0k	$12.01

2,332 SF · lease $18.36/SF/yr · vacancy 6.55% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$400.1K

$350.1K – $466.8K (±1% cap)

NOI $28,008 @ 7.0% cap · market cap 5.09%

Second Best

Apartment 5plus

$368.5K

$322.4K – $429.9K (±1% cap)

NOI $25,793 @ 7.0% cap · market cap 4.69%

Theoretical Best

Office A

$619.2K

$541.8K – $722.4K (±1% cap)

NOI $43,342 @ 7.0% cap · market cap 7.88%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Independence
County: Polk
State: Oregon
Longitude: -123.206354
Latitude: 44.849062

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For sale
Duplexes
OR
Independence
97351
1416 FALCON Loop

What type of property is this?

Duplex - Duplex with functional layouts, private yards, and rental appeal.

Where is this duplex located?

The property is located at 1416 FALCON Loop Independence, OR.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Townhome‑style duplex built in 2004; Open main‑level living with gas fireplace, eat‑up bar, and dedicated dining area; Main floor laundry plus a convenient half bath

1416 FALCON Loop, Independence, OR 97351

MULTI_FAMILY - Independence, OR

Property Features for 1416 FALCON Loop

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Fourplex Residential Income Property

Independence Fourplex Near River Park

Independence Oregon Industrial Property

Historic "Belt Building" For Sale

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