Excellent investment opportunity in Independence’s Ash Creek neighborhood. This four-unit townhome-style multifamily property features four 2-bedroom, 2-bath units, each approximately 1,004 square feet, offering investors a well-positioned asset with strong long-term rental potential. The property is conveniently located near downtown Independence, Western Oregon University, shopping, dining, and schools, helping support consistent tenant demand. With generous unit sizes, attached garages, and a desirable location within the growing Independence market, this fourplex presents an attractive opportunity for investors seeking stable income potential and long-term appreciation. Do not disturb tenants
Multi-familyProperty Type
2004Year Built
0.25 acresLot Size
$214Price/Sq.Ft.
4 car garageParking
Listed by Drew Shane• Cascade Hasson Sotheby's International Realty
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
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
11 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Independence, OR • 97351
Average low and high temperatures (°F)
48
35
50
37
57
43
64
43
70
48
77
52
86
56
85
59
78
54
64
46
53
43
50
41
Jan
Feb
Mar
Apr
May
Jun
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Aug
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Sun exposure
In this area, properties receive around 9.7 hours in
June and 2.1 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1400 Falcon Loop
$856,845
$3,155 under list price of $860K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $489K to $846K.