Triplex with Private
For Sale
$550,000
170 SW Levens St, Dallas, OR 97338
Well-maintained tri-plex where each unit has in-unit laundry and a private patio accessible from the rear.
Property Size2,538 SF
Price / SF$216.71
Days on Market96
Property Features for 170 SW Levens St
General Information
Standard status
Active
Size
2,538 SF
Property subtype
Multi-Family
Amenities
in-unit laundry
private patio
Building Details
Year Built
1992
Buildings
1
Tenancy
Multi
Listing Agency:
KELLY RIGHT REAL ESTATE
Listed By:
HEIDI JOHNSON · License #200505228
(541) 992-4656
Source:
Amymcleod
Added: Jul 29
Changed: Oct 26
Last Checked: Oct 7 at 3:34PM
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 KELLY RIGHT REAL ESTATE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Well-maintained tri-plex built in 1992 featuring spacious layouts in each unit. Every unit offers two bedrooms, one full bathroom, in-unit laundry, a spacious living room, and a generous kitchen. Residents can also enjoy a private patio, accessible from the rear entrance.
The property is located in the heart of Dallas, positioned across from Lyle Elementary School and near parks, shopping, dining, and public transit.
Long-term tenants are in place, providing established occupancy for a buyer seeking a multi-family residence with rental continuity.
The property is located in the heart of Dallas, positioned across from Lyle Elementary School and near parks, shopping, dining, and public transit.
Long-term tenants are in place, providing established occupancy for a buyer seeking a multi-family residence with rental continuity.
Key Highlights
- Built in 1992 well‑maintained tri‑plex
- Each unit includes two bedrooms and one full bathroom
- In‑unit laundry in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,482
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,640
$609.6K
Cap Rate 7%
$435,457
$435.5K
Cap Rate 9%
$338,689
$338.7K
Market Conditions
NOI Build-Up for 2,538 SF
Gross rent
$46.6K $18.36/SF
− Vacancy
−$3.1K −$1.20/SF
EGI
$43.5K $17.16/SF
− OpEx
−$13.1K −$5.15/SF
NOI
$30.5K $12.01/SF
Area
Polk County, OR
Vacancy
6.55%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,640
Cap Rate 7%
$435,457
Cap Rate 9%
$338,689
Alternative Uses
Best Use
Multifamily LT 5
$435.5K
$381.0K – $508.0K
NOI $30,482 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$401.0K
$350.9K – $467.9K
NOI $28,071 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$673.9K
$589.6K – $786.2K
NOI $47,170 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
Explore this area
Business Placement
Demographics for 97338, OR
22,741
Population
9,109
Households
2.5
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
124.8 sq mi
ZIP Area
182
Density / Sq Mi
$73,345
Median Household Income
$37,359
Median Earnings
$1,197
Median Rent
$388,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained tri-plex where each unit has in-unit laundry and a private patio accessible from the rear.
Where is this triplex located?
The property is located at 170 SW Levens St Dallas, 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: Built in 1992 well‑maintained tri‑plex; Each unit includes two bedrooms and one full bathroom; In‑unit laundry in every unit
