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    Independence, OR
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    Independence, OR Multifamily Properties for Sale

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    Salem, OR Monmouth, OR Dallas, OR Rickreall, OR Jefferson, OR Turner, OR Falls City, OR Keizer, OR
    Fourplex Residential Income Property
    Updated: Mar 31
    Fourplex Residential Income Property

    224 C St, Independence, OR 97351

    $825,000
    4,320 sqft 0.23 AC lot
    Four‑plex built in 1995
    Each unit features 3 bedrooms, 1 bathroom, and laundry hookups
    Flooring includes carpet and vinyl
    Heating is zoned electric (heating)
    Reported low turnover and a good rental history
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    This listing looks promising.

    Here's a quick look at some key insights for

    224 C St, Independence, OR 97351

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $52K
      Annual

    • Mortgage

      $143K
      Mar 2017

    • Property Type

      Quadplex
      Built 1995
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    Independence Fourplex Near River Park
    Updated: Apr 1
    Independence Fourplex Near River Park

    224 C St, Independence, OR 97351

    $825,000
    4,320 sqft 0.23 AC lot
    Four‑plex building built in 1995
    Each unit features 3 bedrooms and 1 bathroom
    Laundry hookups available in each unit
    Zoned heating
    Composition roof
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    Townhome-Style Duplex with Backyards
    Townhome-Style Duplex with Backyards

    1416 FALCON Loop, Independence, OR 97351

    $500,000
    2,332 sqft

    Townhome-style duplex features open living, a gas fireplace, and private fenced backyards with upstairs private decks.

    View details
    Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 3 Active listings in Independence, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Duplex with Basement Space
    Versatile Duplex with Basement Space

    157 NE Fern Ct, Dallas, OR 97338

    $562,000
    1,896 sqft 0.20 AC lot

    Each unit includes its own laundry, ductless heating and cooling, and a basement with added bonus space.

    View details
    Multifamily Apartment Community
    Multifamily Apartment Community

    302 South Monmouth Avenue, Monmouth, OR 97361

    $2,350,000
    15,048 sqft

    Well-maintained 15-unit apartment community with 20 off-street parking spaces and recent exterior roof and paint upgrades.

    View details
    Four-Plex Residential Income Property
    Four-Plex Residential Income Property

    297 Main St W, Monmouth, OR 97361

    $899,990
    3,280 sqft 0.21 AC lot

    Four-plex with updated tenant laundry, outdoor living spaces, and a roof replacement scheduled at closing.

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    Two-Unit Duplex with 2 Bed/2 Bath
    Two-Unit Duplex with 2 Bed/2 Bath

    209 SE Stone -211 Ln, Dallas, OR 97338

    $525,000
    2,006 sqft 0.20 AC lot

    Duplex offers two units, each with two bedrooms and two full bathrooms, including a private primary bath.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Tillamook Land Investment Opportunity
    Tillamook Land Investment Opportunity

    02600 12th St, Tillamook, OR 97141

    $799,000
    3.78 AC lot

    3.78 acres zoned for multi-family development near Tillamook.

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    Vernonia Land with Development Potential
    Vernonia Land with Development Potential

    Cougar St, Vernonia, OR 97064

    $899,000
    10.43 AC lot

    10.43 acres in Vernonia, OR, ideal for residential development.

    View details
    Lexington Westside Highway RV Resort
    Lexington Westside Highway RV Resort

    1820 West Side Hwy, Kelso, WA 98626

    Contact for pricing
    20.00 AC lot

    Proposed 184-space RV resort with river access in Lexington.

    View details
    Recreational Land Near River, Bend
    Recreational Land Near River, Bend

    16852 ELSINORE RD, Bend, OR 97707

    $78,000
    0.57 AC lot

    0.57 acres near the river, ideal for recreation.

    View details

    Off-Market Properties in Independence, OR

    Consider similar Off-Market properties in Independence, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    811 Main St, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    811 Main St, Independence, OR 97351-2500

    Unit 10
    $2,395,000
    Estimated value
    30,156 sqft 1.69 AC lot
    View details
    150 H St
    APARTMENT HOUSE (5+ UNITS)

    150 H St, Independence, OR 97351-2303

    Value Estimation by Request
    9,915 sqft 0.90 AC lot
    View details
    800 4th St, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    800 4th St, Independence, OR 97351-1822

    Unit 10
    $1,525,000
    Estimated value
    10,466 sqft 0.48 AC lot
    View details
    1630 Monmouth St, Unit 13
    APARTMENT HOUSE (5+ UNITS)

    1630 Monmouth St, Independence, OR 97351-1010

    Unit 13
    $1,205,000
    Estimated value
    13,298 sqft 0.51 AC lot
    View details
    320 Evergreen Dr
    APARTMENT HOUSE (5+ UNITS)

    320 Evergreen Dr, Independence, OR 97351-1646

    Value Estimation by Request
    12,039 sqft 0.73 AC lot
    View details
    1150 Picture St
    APARTMENT HOUSE (5+ UNITS)

    1150 Picture St, Independence, OR 97351-9644

    $530,000
    Estimated value
    5,055 sqft 0.55 AC lot
    View details
    110 I St
    APARTMENT HOUSE (5+ UNITS)

    110 I St, Independence, OR 97351-2308

    $1,315,000
    Estimated value
    5,520 sqft 0.45 AC lot
    View details
    140 I St
    APARTMENT HOUSE (5+ UNITS)

    140 I St, Independence, OR 97351-2308

    $1,635,000
    Estimated value
    5,520 sqft 0.55 AC lot
    View details
    309 Ash St
    APARTMENT HOUSE (5+ UNITS)

    309 Ash St, Independence, OR 97351-2100

    $1,830,000
    Estimated value
    11,616 sqft 1.10 AC lot
    View details
    1365 F St
    APARTMENT HOUSE (5+ UNITS)

    1365 F St, Independence, OR 97351-1321

    $4,015,000
    Estimated value
    40,594 sqft 2.69 AC lot
    View details
    430 13th St
    APARTMENT HOUSE (5+ UNITS)

    430 13th St, Independence, OR 97351-1101

    $715,000
    Estimated value
    8,008 sqft 0.55 AC lot
    View details
    280 Evergreen Dr
    APARTMENT HOUSE (5+ UNITS)

    280 Evergreen Dr, Independence, OR 97351-1645

    $1,125,000
    Estimated value
    12,039 sqft 0.73 AC lot
    View details
    116 16th St
    APARTMENT HOUSE (5+ UNITS)

    116 16th St, Independence, OR 97351-1001

    Value Estimation by Request
    4,608 sqft 0.72 AC lot
    View details
    1379 Ee St
    APARTMENT HOUSE (5+ UNITS)

    1379 Ee St, Independence, OR 97351-1017

    $4,085,000
    Estimated value
    39,422 sqft 1.98 AC lot
    View details
    650 White Oak Cir, Unit 101
    APARTMENT HOUSE (100+ UNITS)

    650 White Oak Cir, Independence, OR 97351-8611

    Unit 101
    $18,365,000
    Estimated value
    201,840 sqft 15.43 AC lot
    View details
    4311 Independence Hwy
    APARTMENT HOUSE (5+ UNITS)

    4311 Independence Hwy, Independence, OR 97351-9800

    $2,980,000
    Estimated value
    31,012 sqft 2.65 AC lot
    View details
    30 Gun Clb Rd, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    30 Gun Clb Rd, Independence, OR 97351-4601

    Unit 10
    $3,885,000
    Estimated value
    42,587 sqft 3.64 AC lot
    View details
    205 Williams St
    APARTMENT HOUSE (5+ UNITS)

    205 Williams St, Independence, OR 97351-2144

    Value Estimation by Request
    2,592 sqft 0.15 AC lot
    View details
    625 Log Cabin St
    APARTMENT HOUSE (5+ UNITS)

    625 Log Cabin St, Independence, OR 97351-2119

    Value Estimation by Request
    4,374 sqft 0.46 AC lot
    View details
    151 H St
    APARTMENT HOUSE (5+ UNITS)

    151 H St, Independence, OR 97351-2313

    Value Estimation by Request
    4,713 sqft 0.55 AC lot
    View details
    115 Gun Clb Rd
    APARTMENT HOUSE (5+ UNITS)

    115 Gun Clb Rd, Independence, OR 97351-9532

    $7,365,000
    Estimated value
    71,956 sqft 6.08 AC lot
    View details

    Independence, OR Multifamily Properties Market Trends and Statistics

    Explore 31 multifamily properties for sale in Independence, OR, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,972 square feet of properties for sale, with an estimated market value of $2,150,000.

    Sale prices for multifamily properties in Independence, OR start at $500,000, averaging $716,666, and reaching up to $825,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 2
    Duplexes 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +7.6%
    Median Household Income $84,717
    College Educated 31.4%

    High-Yield Neighborhoods for Investment

    Identify Independence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97351 $725K

    Taxes & Financing

    Tax Rate (average for all types) 1.88%
    Property Tax per SF $17.75 per SF
    Tax Rate vs County Average 0.22 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

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