215 5TH St, Lafayette, OR 97127

$1,200,000 Asking Price

1 bed
1 bath
1,000  sqft
Built in 1950

Multi-family development opportunity inside the city limits of Lafayette. Total acreage of 6.36 with approximately half developable. Seller has two engineered plans for a 30 and 51 unit projects. Current residential dwelling is of no value and no value was given when calculating asking price. for additional information and to schedule a property tour.

Features & Amenities

Interior

Heating:
None

Exterior

General:
Wood siding
Style:
Stories 1
Parking:
Parking spaces: 0

Construction

Roofing:
Composition

Location

Road/Access:
Paved
Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Yamhill

Lot

Zoning:
R-2, SEE METES & BOUNDS, 122806
View:
View

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Miller Consulting Group, LLC, Michael Morris

About Lafayette, OR

Housing

Number of Units
930
Median Home Value
$234,536
Median Rent
$884

20.50% of housing units are renter occupied.

2.87% are vacant.

Commute

Car
80.60%
Public Transportation
1.32%
Walk to Work
2.89%
Work from Home
15.06%
Other
0.14%

The median travel time to work is 25 minutes.

People

Population
2,669
Median Age
41.20
Median Household Size
3.18

Education

High School
33.20%
Associate’s Degree
5.47%
Bachelor’s Degree
9.40%
Graduate Degree
3.49%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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