Fantastic opportunity to own this exceptionally well-maintained 4-plex in Lebanon. Located on the north end of town near the hospital, Western U and multiple large-scale employers. 2 units vacant and ready for new tenants or owner occupancy. Mirrored units featuring 2bd/1.5ba each. Each unit includes fenced back yards and covered patios. Off-street parking. New membrane roof 2021. New gas furnaces, AC roof units, and indoor coils in 2021. W/D hookups in each unit. Great investment property- won't last long!
Multi-familyProperty Type
1971Year Built
8,712 sq ftLot Size
$185Price/Sq.Ft.
Listed by KARISTEN BAXTER• PREMIERE PROPERTY GROUP, LLC ALBANY
Academy Square, located between Main Street and Oak Street, is a residential and civic Lebanon neighborhood with a walkable grid and a small-town streetscape. The neighborhood’s character concentrates around the Main Street corridor near Academy Square, where storefronts, cafés, and community venues set a steady, daytime hum. Nearby, the Lebanon Public Library and the Lebanon Senior Center act as familiar gathering points for programs and events. Housing reads as a mix of older, modest homes and small infill, with mature street trees shaping the blocks. Sidewalks and short blocks connect to parks and downtown services without fanfare.
Provided by Walk Score and Local Logic
Offer insights
290 W Mary St · $799,000
$834K and above
75% chance or better to win
Why $834K+ is a strong offer
DAYS ON MARKET
5 days
The average home goes pending in 54 days.
SALE-TO-LIST
99.5%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Dining area
High-speed communications available
Bedrooms
8 bedrooms total, with 2 in each unit
Bathrooms
6 full bathrooms and 2 half bathrooms total, with 1 full and 1 half bathroom in each unit
Kitchen
Dishwasher
Electric and gas ranges
Refrigerator included
Garbage disposal
Laundry & utility
Washer and dryer hookups in each unit
Flooring
Carpet
Laminate
Vinyl
Heating & cooling
Gas forced-air heating
Central air conditioning
Exterior features
Fenced backyards
Covered patios
Home design
Townhome-style four-unit property
Parking
Off-street parking
Construction
Built in 1971
Wood siding with T1-11 style
Continuous foundation
Membrane roof replaced in 2021
Utilities
City water
City sewer
Gas water heaters
HOA & community
No homeowners association
Electricity and solar
View estimated energy costs and solar savings for this home
The residential mixed density zone Z-RM is intended to accommodate a wider variety of housing types and more intensive land use than the RL zone
Permitted uses
Include but are not limited to:
Laundromat
General retail
Retail-Grocery
Restaurant
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Office
Public service
Apr 22, 2022 • Final
Residential mechanical
Install a new air conditioner with an indoor coil at the existing gas furnace.
HVAC
Apr 22, 2022 • Final
Residential mechanical
Gas
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
11 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Lebanon, OR • 97355
Average low and high temperatures (°F)
46
33
50
36
57
41
63
42
69
47
77
51
84
55
85
58
77
53
64
45
52
42
49
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in Lebanon. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 290 W Mary St
$792,767
$6,233 under list price of $799K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $394K to $610K.