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613 Valley Heart Lane, Central Point, OR 97502

Central Point
Local realty services provided by:CENTURY 21 North Homes Realty
613 Valley Heart Lane,Central Point, OR 97502
$498,000
  • - Beds
  • - Baths
  • 2,324 sq. ft.
  • Multi-family
  • Active
Listed by: krista walker
Office: coldwell banker professional group
MLS#:220227277
Source:OR_SOMLS

Price summary

  • Price:$498,000
  • Price per sq. ft.:$214.29
  • Monthly HOA dues:$100

About this home

Discover a solid investment opportunity with this 2005-built, low-maintenance 3 beds, 2 baths per unit duplex. With a 6% capitalization rate, this property is designed for strong financial performance from day one. An annual gross income of $40,368 against estimated operating expenses of under $10k. With a standard 30% down payment, the net operating income covers the projected annual debt service, ensuring this asset remains cash-flow positive the moment you close escrow. This duplex represents a rare combination of immediate stability and long-term wealth building for the savvy investor.

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Home facts

  • Year built:2005
  • Subdivision & Development:Countryside Terrace
  • Listing ID #:220227277
  • Added:2 day(s) ago
  • Updated:August 20, 2026 at 06:02 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Bathrooms Description:Shower/Tub Combo
  • Kitchen Description:Dishwasher, Range
  • Living area:2,324 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:2005
  • Building area:2,324 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Frame
  • Foundation Description:Concrete Perimeter
  • Levels:2 Story

Schools

  • High school:Crater High
  • Middle school:Scenic Middle
  • Elementary school:Central Point Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$498,000
  • Price per sq. ft.:$214.29
  • Tax amount:$4,550 (2025)

Features and amenities

  • Appliances:Dishwasher, Range

Parking

  • Parking description:Assigned, Parking Lot

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