Investor opportunity! 2 bed, 1 bath home 684 sqft, strong rental appeal, and a current 5.6% CAP rate. Whether you’re expanding your portfolio, searching for your first investment property this one is ready to go. Features include a newer roof, large detached garage/shop ideal for storage or workspace, and an oversized fully fenced backyard with room to relax, or garden. Great location, and a Great Investment!
Single-familyProperty Type
1947Year Built
5,227 sq ftLot Size
$380Price/Sq.Ft.
Listed by Brenda Bonebrake• Realty One Group Willamette Valley
Investor opportunity! 2 bed, 1 bath home 684 sqft, strong rental appeal, and a current 5.6% CAP rate. Whether you’re expanding your portfolio, searching for your first investment property this one is ready to go. Features include a newer roof, large detached garage/shop ideal for storage or workspace, and an oversized fully fenced backyard with room to relax, or garden. Great location, and a Great Investment!
RMLS #268818237
Aug 30, 2026
Price Changed
$259,900
$380/sq ft
Aug 11, 2026
Price Changed
$264,900
$387/sq ft
Jul 13, 2026
Price Changed
$270,900
$396/sq ft
May 7, 2026
Listed
$274,900
$402/sq ft
RMLS #16604404
Mar 31, 2017
Sold
$80,000
$117/sq ft
Sep 16, 2016
Price Changed
$123,000
$180/sq ft
Sep 2, 2016
Price Changed
$124,000
$181/sq ft
Jul 21, 2016
Price Changed
$124,500
$182/sq ft
Jun 16, 2016
Listed
$134,500
$197/sq ft
Investor's dream in the growing city of Dallas. 3 separate, but adjacent, buildable tax lots included in the purchase. Over 10,000 sq ft of property. Dwelling is a rehab/fixer. The largest of the 3 lots includes a 2-bedroom ranch with detached garage. Multiple options to make this an investment or personal use property! Priced for your best buck for this property, community, and neighborhood. Call for a developers packet!
Year
Property tax
Land + Additions
Assessment*
2025
$1,194 (+3.0%)
$42,790 + $41,800
$84,590
2024
$1,159 (+4.0%)
$41,550 + $40,580
$82,130
2023
$1,114 (+2.7%)
$40,340 + $39,400
$79,740
2022
$1,085 (+2.8%)
$39,160 + $38,260
$77,420
2021
$1,055 (+2.9%)
$38,020 + $37,150
$75,170
2020
$1,025 (+3.0%)
$36,910 + $36,080
$72,990
2019
$996 (+0.3%)
$35,840 + $35,030
$70,870
2018
$993 (+4.1%)
$34,790 + $34,020
$68,810
2017
$954 (−0.5%)
$33,780 + $33,030
$66,810
2016
$959 (+4.7%)
$32,790 + $32,080
$64,870
2014
$916 (+2.4%)
$30,910 + $30,250
$61,160
2013
$894 (+2.8%)
$30,010 + $29,370
$59,380
2012
$870 (+2.0%)
$29,140 + $28,520
$57,660
2011
$853 (+4.4%)
$28,290 + $27,700
$55,990
2010
$816 (+4.0%)
$27,470 + $26,890
$54,360
2008
$785
$26,670 + $26,110
$52,780
Public record
Public record
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
5,160 Sq. Ft.
Year renovated
1971
Finished Sq. Ft.
684
Unfinished Sq. Ft.
—
Total Sq. Ft.
684
Year built
1947
Style
Single Family Residential
County
Polk County
APN
138918
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Oct 17, 2019 • Final
Residential plumbing
Remove and replace a section of the sewer line.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Dallas, OR • 97338
Average low and high temperatures (°F)
46
35
48
35
55
40
62
43
68
46
75
51
81
55
82
58
75
54
62
46
51
42
48
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Dallas. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1450 SW Ninth St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $260,000 and $470,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $260K to $470K.