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Four-Unit Residential Income Property
New
For Sale
$814,900

80 BOATLANDING St, Independence, OR 97351

MultiFamily, Independence, OR

Property Size338 SF
Lot Size0.20 Acres
Price / SF$2,410
Days on Market3

Property Features for 80 BOATLANDING St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RH
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 4, Bathroom 3
View Territorial
Elementary school Independence
Middle school Talmadge
High school Central
Directions From downtown Independence, head North on Main, East on Boatlanding.
Subdivision _167
Standard status Active
APN 202266
Size 338 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description LOT PARCEL 1
Tax Annual Amount 6374
Legal Description LOT PARCEL 1

Utilities

Heating system Zoned

Amenities

washer/dryer hookups

Building Details

Year built 2003
Floors in Building 2
Number of units 4
Roof type Composition
Listing Agency: HomeSmart Realty Group · HomeSmart International
Listed By: Brian Smith
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 23 at 1:06AM
MLS# 596451471

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 four-unit residential property includes four similarly configured apartments, each with two bedrooms, one bathroom, and washer/dryer hookups. The building has zoned heating, a composition roof, low-maintenance landscaping, and ample parking on a 0.2-acre lot. RH zoning supports the property’s residential income use.

The property is a few blocks from historic downtown Independence and offers access to Hwy 22, Western Oregon University, and Salem. Its four-unit format and consistent floor plans provide a straightforward configuration for residential rental operations.

Key Highlights

  • Four‑unit property with four two‑bedroom, one‑bathroom apartments
  • Each unit includes washer/dryer hookups
  • Built in 2003 on a 0.2‑acre lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Plumbing Service Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Barber Shop

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 97351, OR

11,292
Population
3,697
Households
3.1
Avg Household Size
34
Median Age
25%
College-Educated
89%
High-School Grad
52.3 sq mi
ZIP Area
216
Density / Sq Mi
$84,717
Median Household Income
$40,990
Median Earnings
$1,592
Median Rent
$357,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Four-unit property with consistent two-bedroom layouts, individual laundry hookups, parking, and low-maintenance landscaping.
Where is this quadplex located?
The property is located at 80 BOATLANDING St Independence, OR.
What is the asking price?
The asking price for this property is $814,900.
What are key features of this property?
This property features: Four‑unit property with four two‑bedroom, one‑bathroom apartments; Each unit includes washer/dryer hookups; Built in 2003 on a 0.2‑acre lot
More about this property
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