This home's estimate is 33.1% higher than the average sale price ($374K) of 6 comparable homes.
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- Sale & tax history
- Property details
- Neighborhood
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825 W Airway Rd, Lebanon, OR 97355
About this home
Invest in this fully renovated, occupied duplex, located on a corner lot and in a nice neighborhood. Cap Rate of 5.6%. Each unit has 2 bed/1 bath, 928 SF, plus a full one car garage (1 fully finished). Updates include new roof, LED lighting, electrical switches/outlets, vinyl flooring, interior paint, window coverings, smoke detectors, cabinet hardware, door knobs/hinges, garbage disposals & more. Professionally managed. Tenants pay for all utilities. Call today! Seller related to Listing Agent.

Redfin Estimate
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Market trends in 97355, OR
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
- $550,0005 beds2 baths2,100 sq ft880 Hillview Dr, Lebanon, OR 97355Jamie Melcher • HomeSmart Realty Group
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Provided by Redfin
Sale history for 825 W Airway Rd
$250/sq ft
$258/sq ft
$250/sq ft
$250/sq ft
$258/sq ft
$258/sq ft
Invest in this fully renovated, occupied duplex, located on a corner lot and in a nice neighborhood. Cap Rate of 5.6%. Each unit has 2 bed/1 bath, 928 SF, plus a full one car garage (1 fully finished). Updates include new roof, LED lighting, electrical switches/outlets, vinyl flooring, interior paint, window coverings, smoke detectors, cabinet hardware, door knobs/hinges, garbage disposals & more. Professionally managed. Tenants pay for all utilities. Call today! Seller related to Listing Agent.
As the MLS and public records start to fill up, we'll list the details here.
Public record
- Public record
- Zoning
Z-RL
Residential Low Density Zone
The residential low density zone Z-RL is intended primarily for household living at lower densities including limited low density multifamily use, with parks, schools, places of worship, and other supportive services that are at an appropriate neighborhood scaleInclude but are not limited to:
- Housing-Student
- Housing-Other
- Public service
- Housing-Mobile home park
Property details
Parking
- Parking Information
- Parking Features: Attached, Garage
- Parking Total: 2
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Garage(s)
- Multi Unit Information
- # Of Units Total: 2
- Unit Information
- Unit Type: 1, 2
- Unit Type 1 Information
- Actual Rent: $1,390
- Area: 928
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Disposal, Washer/Dryer Hookup, Window Coverings
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $1,515
- Area: 928
- BathsTotal: 1
- Beds Total: 2
- Features: Dishwasher, Disposal, Washer/Dryer Hookup, Window Coverings
- Units Total: 1
Exterior
- Exterior Features
- Roof: Composition
- Unreinforced Masonry Bldg: No
- Lot Information
- Lot Size Range: 10,000 to 14,999 SqFt
- Lot Size: 10,000 to 14,999 SqFt
- Lot Features: Commons, Corner Lot
- Parcel Number: 0387593
- Road Surface Type: Concrete, Paved
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Updated/Remodeled
- Security Features: None
- View YN: Yes
- View Description: Territorial
- Building Information
- Year Built: 1977
- Building Area Total: 1,856
- Foundation Details: Concrete Perimeter
Financial
- Tax Information
- Tax Year: 2022
- Tax Legal Description: 825-835 W Airway Rd Lebanon, OR 97355 PLETZER'S GREEN, FIRST ADDITION TO BLK-3 LOT-5-12S02W09DA
- Tax Annual Amount: $4,002.90
- Lease / Rent Information
- CAP Rate: 5.6
- Gross Rent Multiplier: 13.76
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Gas
- Internet Service Type: Cable
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Forced Air
- Cooling YN: No
Location
- School Information
- Elementary School: Greenacres
- Middle Or Junior School: Seven Oak
- High School: Lebanon
- Location Information
- Directions: W Sherman Street
- Unparsed Address: 825 W AIRWAY RD, Lebanon, OR 97355
- Community Information
- Zoning: 2-4 Ple
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Linn County
- APN: —
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-6 • Assigned • 0.3mi
Public 6-8 • Assigned • 2.5mi
Public 9-12 • Assigned • 0.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 91° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
11 unhealthy days expected this year, 13 days in 30 years
Sun exposure
In this area, properties receive around 10.3 hours in June and 2.1 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 97355
Home values near 825 W Airway Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1080 Sq. Ft. | $337,309 |
4 Beds | - Baths | 1856 Sq. Ft. | $476,510 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1012 Sq. Ft. | $338,500 |
3 Beds | 1 Baths | 1035 Sq. Ft. | $332,045 |
| Address | Redfin Estimate |
|---|---|
4 Beds | - Baths | 1856 Sq. Ft. | $424,286 |
3 Beds | 1 Baths | 1120 Sq. Ft. | $340,404 |
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