368 E Dean Ave, Sutherlin, OR 97479. Two-unit duplex on a 0.22-acre lot directly across the street from Central Park, offered on seller financing.
Terms: $260,000 purchase price with $10,000 down. Seller carries $250,000 at 6.5% interest only, so the payment is $1,354 per month plus taxes and insurance. Five-year term, no prepayment penalty. Payments go through a third-party escrow servicer. No bank and no loan approval needed.
Two units, each 2 bedrooms / 1 bath, 1,586 square feet combined. The upper unit is tenant occupied and professionally managed, with a strong rental history. The lower unit is vacant and could use repairs. Market rent for both units is about $2,400 per month. Tenants pay their own utilities. Off-street parking and alley access at the rear.
Sold as-is; buyer to do their own due diligence. Known items: dry rot in sections of the siding, moss on the roof that needs cleaning, rotted posts and piers under the structure, and repairs in the vacant lower unit.
Walkthrough: one window only — Monday, October 26, 12:00–1:00 PM. The upper unit is occupied; please do not disturb the tenant or visit outside the walkthrough window.
Highest and best offers due Tuesday, October 27 at 5:00 PM. Winner notified that evening.
Call or text 541-364-4661 to get on the walkthrough list. Questions: 541-364-4661. Offers: 541-364-4661.
All information deemed reliable but not guaranteed. Buyer to verify all facts, including square footage, zoning, rents, and condition. Terms are subject to a signed purchase agreement and note.