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Triplex with Metal Roof
For Sale
$399,000

377 E Currant St, Athena, OR 97813

MultiFamily, Athena, OR

Property Size2,592 SF
Lot Size0.13 Acres
Price / SF$153.94
Days on Market157

Property Features for 377 E Currant St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-COM
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 6, Bedroom 2, Bedroom 3
View City
Elementary school Athena
Middle school Athena-Weston
High school Weston-McEwen
Directions S. 4th, E. Current
Subdivision _437
Standard status Active
APN 116025
Size 2,592 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Description SEC 19 TWN 04N RNG 35, Tax lot 2000 Tri-plex house numbers 377,379,381 E. Current Athena, Or.
Tax Annual Amount 5324
Legal Description SEC 19 TWN 04N RNG 35, Tax lot 2000 Tri-plex house numbers 377,379,381 E. Current Athena, Or.

Building Details

Year built 2003
Floors in Building 1
Number of units 3
Roof type Metal
Listing Agency: Coldwell Banker Farley Company · Coldwell Banker Real Estate
Listed By: Jerry Baker · License #201211883
Added: May 11 Changed: Oct 13 Last Checked: Oct 14 at 8:06AM
MLS# 364861707

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.

Investment Insights

Based on property information with market context.

Built in 2003, this triplex contains 2,592 square feet on a 0.13-acre lot. The property includes six bedrooms and three bathrooms across three residential units, with two units currently occupied. A metal roof is among the property’s existing improvements.

The property is located in Athena, Oregon, and carries R-COM zoning. Its three-unit configuration and current occupancy provide a straightforward multifamily format for an owner or investor evaluating residential income property.

Key Highlights

  • Three‑unit property built in 2003
  • 2,592 square feet on a 0.13‑acre lot
  • Two units currently occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,084
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,680 $241.7K
Cap Rate 7%
$172,629 $172.6K
Cap Rate 9%
$134,267 $134.3K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$18.7K $7.20/SF
− Vacancy
−$1.4K −$0.54/SF
EGI
$17.3K $6.66/SF
− OpEx
−$5.2K −$2.00/SF
NOI
$12.1K $4.66/SF
Area
Umatilla County, OR
Vacancy
7.50%
Lease Rate
$7.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,680
Cap Rate 7%
$172,629
Cap Rate 9%
$134,267

Alternative Uses

Best Use
Multifamily LT 5
$172.6K
$151.1K – $201.4K (±1% cap)
NOI $12,084 @ 7.0% cap · market cap 3.03%
Second Best
Apartment 5plus
$159.1K
$139.2K – $185.6K (±1% cap)
NOI $11,137 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$542.6K
$474.8K – $633.0K (±1% cap)
NOI $37,982 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Furniture & Home Goods Big Box & Wholesale Store Grocery & Convenience 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.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 97813, OR

1,386
Population
614
Households
2.3
Avg Household Size
44
Median Age
32%
College-Educated
93%
High-School Grad
53.8 sq mi
ZIP Area
26
Density / Sq Mi
$73,688
Median Household Income
$38,438
Median Earnings
$868
Median Rent
$217,200
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential income property with two occupied units and a durable metal roof.
Where is this triplex located?
The property is located at 377 E Currant St Athena, OR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Three‑unit property built in 2003; 2,592 square feet on a 0.13‑acre lot; Two units currently occupied
More about this property
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