521 WALNUT ST Independence, OR $ 425,000
521 WALNUT ST
$ 425,000
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521 WALNUT ST

Independence, OR, 97351
$ 425,000
Bedrooms4 Baths2.0 Sq 1,440

Monthly Estimate*

$ 2,651

521 WALNUT ST, Independence, OR 97351 - Image 1
521 WALNUT ST, Independence, OR 97351 - Image 2
521 WALNUT ST, Independence, OR 97351 - Image 3
521 WALNUT ST, Independence, OR 97351 - Image 4
521 WALNUT ST, Independence, OR 97351 - Image 5
521 WALNUT ST, Independence, OR 97351 - Image 6
521 WALNUT ST, Independence, OR 97351 - Image 7
521 WALNUT ST, Independence, OR 97351 - Image 8
521 WALNUT ST, Independence, OR 97351 - Image 9

Multi-Family Home for sale in Independence, OR

for $425,000 with 4 bedrooms and 2 full baths. This 1,440 square foot home was built in 1960 on a lot size of 0.15.

Super clean single-story duplex built in 1960 sitting on a .15 acre lot. Recent upgrades include roofs, windows, doors, paint, flooring, kitchens, bath and more. 1,440 SF of improved space providing 720 SF / unit. Each unit has 2 bed / 1 bath, washer/dryer hookups and a private driveway/carport. Units rent for $1,425 and $1595.

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Multi-Family Active

Price

$ 425,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,532

Style

Lot Size

0.15

Year Built

1960

Town/City

Independence

County/Region

Polk

MLS | Web ID

112285389

Features
General
Sewer PublicSewer
Heating Other
Cooling Other
Zoning RM
Year Built 1960
Stories Count 1
Tax Year 2025
Parcel Number 200853
Gross Income 0
County Polk
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Williams
High School Central
City Independence
Number Of Units Total 2
MLS Area _167
Lot Size Square Feet 6534.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Independence
Tax Annual Amount 2532.0
Middle/Junior High School Talmadge
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BLK 27 LOT 7
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Exterior
Water Source PublicWater
Exterior Description Other
Building Area Total 1440.0
Lot Size Acres 0.15
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Interior
Hot Water Other
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 521
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* Excluded Features
List By
Smi Commercial Real Estate Llc

Broker

eric@smire.com

Email

Affordability Calculator

$2,862
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949030 Elementary School
1950978 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$425,000 Listed Price

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521 WALNUT ST, Independence, OR, 97351 is a Multi-Family Home for sale at $425,000 with 1,440 sqft and a lot size of 0.15. 521 WALNUT ST has 4 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 97351 which is in Independence, OR