130 S MAIN ST, Phoenix, OR 97535

$1,695,000
24
BD
9
BA
20,160
SqFt

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Listing courtesy of Millen Property Group.

List Price
$1,695,000
Status
ACTIVE
MLS#
128199185
Bedrooms
24
Full-baths
9
Sq. Ft
20,160
Acres
1.18
Lot Size
51,400
Year Built
1962
subdivision
Phoenx Village Apartments
Region
Jackson Co: Phoenix

Property Description

Phoenix Village Apartments - A rare hidden treasure, this 16-unit garden apartment community with landscaped commons including Mulberry & fruit trees, gardens, gazebo, patio & lawn areas is in the heart of walkable downtown Phoenix. Eight single-story duplexes on 1.18 acres, built in 1962-65 by the Skjaerlund family & listed on the Oregon Historic Sites database. Eight 1BR & eight 2BR units feature original varnished birch cabinetry, upgraded counters & flooring, and ductless heat pumps with A/C in twelve units. Exceptional capital investment: new water & sewer mains, PEX repiping, crawlspace insulation, remodeled baths, electrical panels, roofing, gutters & a rebuilt laundry room. 20 carport spaces each with locked storage plus 10 open spaces. C-C City Center zoning with no maximum density or lot coverage. 50 feet to the bus line, 300 feet to the Bear Creek Greenway. Legacy rents sit far below market & two units just leased at $1,200-$1,400 - stability today, real upside tomorrow.

Additional Information

Style
1 Story, Other
Stories
1
Exterior
Fenced, Gazebo, Patio
Interior Features
Ceiling Fan(s), Vinyl Floor, Wall to Wall Carpet
Exterior Features
Fenced, Gazebo, Patio
View
Territorial
Water
Public Water
Elementary School
Phoenix
Middle School
Talent
High School
Phoenix

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