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Listing provided courtesy of Living Room Realty- MLS# 329845897MLS Provider

500 DEPOT STFairview, OR 97024

Multi-Family · 1,560 Sq. ft. | 0.18 Acres
$480,000 Pending

500 DEPOT ST Overview

Time on Site:
171 days
Visits:
3

Welcome to this delightful turnkey and fully renovated duplex with solid income potential. A great opportunity for investors, family/friends that want to co-purchase, and house hackers out there looking to build equity. Each unit features a spacious renovated 2 bedroom -1 bath, updated bathrooms and kitchen, stainless steel appliances, original hardwood floors, ductless mini-splits for heating and cooling, Stiebel Eltron heating units, washer/dryer in each unit, and attached garage. Centrally located- just minutes to shops, food carts, Fairview Lake, and Mcmenamins Edgefield for the concert enthusiast out there! This duplex has endless potential.

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500 DEPOT ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,560
  • Price/Sq.ft. $308
  • Lot 0.18 Acres

Details

General

School Information

  • Elementary School: Fairview
  • Middle Or Junior School: Reynolds
  • High School: Reynolds

Income/Expenses

  • Gross Income: 47940.0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1972

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 144 - Gresham, Sandy, Troutdale, Corbett

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 3770.68
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R160734
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: RMF

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 1560.0

General Information

  • Basement: Crawl Space
  • Cooling: Mini Split,Wall Unit(s)
  • Foundation Details: Concrete Perimeter
  • Heating: Wall Heater
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway,Garage

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Square Feet: 7840.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

500 DEPOT ST Neighborhood

Community

97024 (FAIRVIEW) Demographics

42
Median Age
2,401
Population Density (per sq. mile)
28%
College Educated
$60,434
Estimated Median Income
2,523
Estimated Total Home Owners
2,042
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

500 DEPOT ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

500 DEPOT ST Market Data

Based on the last 30 days in this zip code

$467,297
Average List Price
$256
Average Price per Square Foot
7
Properties Sold
103
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

500 DEPOT ST History

Date Event Value Agent
5/1/2026Source: Regional MLS Status Change
Pending
4/1/2026Source: Regional MLS Status Change
Active
1/14/2026Source: Regional MLS Status Change
Pending
1/9/2026Source: Regional MLS Added to Database
January 09, 2026