1400 FALCON LOOP Independence, OR $ 860,000
1400 FALCON LOOP
$ 860,000
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1400 FALCON LOOP

Independence, OR, 97351
$ 860,000
Bedrooms8 Baths8.0 Sq 4,019

Monthly Estimate*

$ 5,430

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Multi-Family Home for sale in Independence, OR

for $860,000 with 8 bedrooms and 8 full baths. This 4,019 square foot home was built in 2004 on a lot size of 0.25.

Excellent investment opportunity in Independence’s Ash Creek neighborhood. This four-unit townhome-style multifamily property features four 2-bedroom, 2-bath units, each approximately 1,004 square feet, offering investors a well-positioned asset with strong long-term rental potential. The property is conveniently located near downtown Independence, Western Oregon University, shopping, dining, and schools, helping support consistent tenant demand. With generous unit sizes, attached garages, and a desirable location within the growing Independence market, this fourplex presents an attractive opportunity for investors seeking stable income potential and long-term appreciation. Do not disturb tenants

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Multi-Family Active

Price

$ 860,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 7,316

Style

Lot Size

0.25

Year Built

2004

Town/City

Independence

County/Region

Polk

MLS | Web ID

317935931

Features
General
Sewer PublicSewer
Heating Zoned
Cooling None
Roof Composition
Zoning RM
Garage Spaces 4.0
Year Built 2004
Stories Count 2
Tax Year 2025
Parcel Number 565313
Gross Income 68903.0
County Polk
Net Operating Income 46311.0
Operating Expense 22618.0
Property Type MultiFamily
HOA N
Subdivision Name Ash Creek
Rent Includes Electricity MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions Monmoth St> S 13th St> FSt> Falcon Loop
High School Central
City Independence
Disclosures Exempt
Number Of Units Total 4
MLS Area _167
Lot Size Square Feet 10890.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Ash Creek
Tax Annual Amount 7316.83
Middle/Junior High School Talmadge
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LOT 1
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Interior
Basement None
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit 4 Baths Total 2
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Driveway Garage
Lot Features Level Seasonal
Water Source PublicWater
Total Parking 4.0
Exterior Description LapSiding VinylSiding
Foundation Details ConcretePerimeter
Building Area Total 4019.0
Lot Size Acres 0.25
Road Surface Type Paved
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Internal Only
Street Number 1 1400
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* Excluded Features
List By
Cascade Hasson Sotheby's International Realty

Broker

drew@shanehomesales.com

Email

Affordability Calculator

$6,040
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,430
Monthly Property Taxes
$610
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3239798 Elementary School
1950978 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$860,000 Listed Price

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1400 FALCON LOOP, Independence, OR, 97351 is a Multi-Family Home for sale at $860,000 with 4,019 sqft and a lot size of 0.25. 1400 FALCON LOOP has 8 bedrooms, 8.0 baths, and was built in 2004. The property's zip code is 97351 which is in Independence, OR