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97232, OR Properties

521 of 2,605 results

Find, analyze, and compare investment properties in 97232, OR, including off-market opportunities and residential homes with value-add potential. The 97232 area offers a diverse housing market with single-family residences (SFRs), multi-family properties, and vacant homes. This ZIP code offers investment potential for long-term rentals (LTRs), as highlighted by 97232 housing market trends. Property Intel by Whitepages makes it easy to uncover off-market properties, compare ZIP code and neighborhood benchmarks, and access owner contact information to help you find the best investment properties in 97232, Oregon for your real estate goals.

In 97232, the median property value currently stands at $692,621, reflecting a -2.58% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $730,258 (a 0% gain). The housing market includes a total of 4,025 houses.The median home in 97232 has 2,088 square feet of living space, priced at a median of $339 per square foot with a median year built of 1925. For long-term rental properties in 97232, the median annual gross rental income is $36,600 (or $3,050/month) with estimated operating expenses of $16,974, resulting in an approximate gross cap rate of 2.78%.

Property Intel by Whitepages helps investors and homeowners explore the 97232 area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in 97232, OR.

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Housing Market Trends & Statistics for 97232, Oregon

Median Property Value
$692,621
Total number of Properties
4,025
Median Living Space
2,088 sq ft
Median Year Built
1925 (100 years)
5-Year Appreciation Forecast
$730,258
Median Lot Size
5,000 sq ft
Average Ownership
11 months
for 97232, OR
  • Est. Rental Income
    $36,600 ($3,050 per month)
  • Net Operating Income
    $19,626 ($1,636 per month)
  • Cap Rate
    2.78%

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