1400 Falcon Loop, Independence, OR 97351
Property image
Property image
FOR SALE
0.25 ACRES

$860,000

  • 8 Beds
  • 8 Baths
  • 4,019 sqft (on 0.25 acres)

1400 Falcon Loop, Independence, OR 97351

Est. Mortgage $5,272/mo*
Get Pre-Qualified
We estimate this home will sell faster than 83% nearby.

Home Highlights

Multi-Family
Built in 2004
0.25 acre lot
$214/sqft
Garage

Local Information

  • Map ViewExplore the area around 1400 Falcon Loop.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Attached garagesGenerous unit sizes
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
We estimate this home will sell faster than 83% nearby.
Last check for updates: about 11 hours ago
Listing courtesy of Drew Shane, (503) 747-9478
Cascade Hasson Sotheby's International Realty
Source: RMLS (OR), MLS#317935931

Home Details for 1400 Falcon Loop

Interior Features

Interior Details
Basement: None
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 8Number of Bathrooms (full): 8
Dimensions and Layout
Living Area: 4019 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater
Heating & Cooling
Heating: ZonedNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Zoned
Levels, Entrance, & Accessibility
Stories: 2
View
Has a ViewView: Seasonal, Trees/Woods

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Driveway,Garage
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 21

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Lap Siding, Vinyl SidingNot Attached Property
Property Information
Condition: ExistingParcel Number: 565313

Price & Status

Price
List Price: $860,000Price Per Sqft: $214

Active Status

MLS Status: Active

Location

Direction & Address
City: IndependenceCommunity: Ash Creek
School Information
Elementary School: Ash CreekJr High / Middle School: TalmadgeHigh School: Central

Agent Information

Listing Agent
Listing ID: 317935931

Building

Building Area
Building Area: 4019 Square Feet

HOA

No HOA

Lot Information

Lot Area: 10890 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Rental Terms, Policies & Fees

Rent Includes: Electricity, Maintenance Grounds, Sewer, Trash Collection, Water

Miscellaneous

Mls Number: 317935931

Around this home

What Locals Say about Independence

At least 42 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 83 % Say there's holiday spirit

  • 81 % Say kids play outside

  • 80 % Say it's walkable to restaurants

  • 80 % Say yards are well-kept

  • 80 % Say parking is easy

  • 80 % Say car is needed

  • 76 % Say people would walk alone at night

  • 65 % Say it's quiet

  • 64 % Say it's walkable to grocery stores

  • 57 % Say neighbors are friendly

  • 52 % Say streets are well-lit

  • 51 % Say they plan to stay for at least 5 years

  • 48 % Say there are community events

  • 46 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Bowenchristina87
    "I live downtown. It is a great environment and I feel safe at night when I walk my dog. There are always events during the summer. The summer concert series are great. Movies nights at the park. Bike events. It is endless!!"
    0
    Flag
  • Bowenchristina87
    "I live downtown by the river. City has a lot of community events downtown. All family friendly. Great way to support local businesses and foster a sense of community. "
    0
    Flag
  • Bowenchristina87
    "I love the concerts in the park during the summer. Family movie nights during the summer are also fun. Ghost Walk in October is well done. Not to mention the amazing firework display for the 4th of July. "
    0
    Flag
  • R.edelmaier
    "Most folks in this area of Independence are pretty good about pets being walked around on a leash and that the owners picks up after them! "
    0
    Flag
  • R.edelmaier
    "Thursday night movies in the park, Friday night, concerts in the park,farmers markets, river rafting, bike trails, Christmas parades,amphitheater."
    0
    Flag
  • R.edelmaier
    "Folks around here are so friendly, and there is a lot to do during every season here! Winter... winterfeast, Summer...concert series , old fashion Fourth of July, kayaking,bbqs, fun runs, airport fly in in August! "
    0
    Flag
  • Cody T.
    "Very dog friendly. I’m brand new here and have seen more dogs than all my life in Louisiana. "
    1
    Flag
  • Jennifer S.
    "perfect dog park along the river. both fenced off space, and large free area to run. numerous parks, and plenty of areas for walks with your dog. "
    0
    Flag
  • Investmentjewels
    "I live and own a business in Independence its a quaint back to the future type of lifestyle and community is all about pleasantvile living!"
    3
    Flag
  • Angela
    "I used to live there and was never affraid for me or my childs safety...ever! The neighborhood was great and the local schools employ fantastic staff. The community members really get involved in local fun stuff!"
    1
    Flag

Market trends in Independence

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
27
2MoM

Home Value

Trulia Estimate
$845K
Since last month
Increased$553K (+189.7%)
Since last year
Increased$558K (+194.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +204% in the last 10 years
MonthEstimated value
2026
September 2026$845K
August 2026$292K
July 2026$302K
June 2026$310K
May 2026$309K
April 2026$311K
March 2026$302K
February 2026$294K
January 2026$338K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
406 Madrona St E, Monmouth, OR
1.27
Multi-Family Home
$595,000
03/27/26
8
5
2,572
Catron St N, Monmouth, OR
1.25
Multi-Family Home
$3,275,000
11/21/25
36
84
18,561
501 Warren St S, Monmouth, OR
1.45
Multi-Family Home
$2,200,000
08/25/26
-
10,696
228-230 W Clay St #232, Monmouth, OR
4.79
Multi-Family Home
$896,800
06/29/26
9
8
4,170
1625 SE Cortland Ave, Dallas, OR
6.24
Multi-Family Home
$610,000
03/06/26
4
4
2,429
1267 SE Holman Ave, Dallas, OR
6.79
Multi-Family Home
$1,150,000
04/17/26
18
12
6,880
176-178 SE Lacreole Dr, Dallas, OR
7.23
Multi-Family Home
$410,000
06/30/26
4
2
1,800

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
632 S 13th St, Independence, OR 97351
0.08
$355,000
2
1
975
Recently Sold
1380 Monmouth St, Independence, OR 97351
0.19
$380,000
2
1
1,054
Recently Sold
1209 E St, Independence, OR 97351
0.16
-
2
2
1,704
Off Market
1390 Monmouth St, Independence, OR 97351
0.20
$689,600
8
4
2,947
Off Market
405 S 12th St, Independence, OR 97351
0.21
$389,100
3
2
1,320
Off Market
485 S 12th St, Independence, OR 97351
0.21
$397,600
3
2
1,496
Off Market
1144 Randall Way, Independence, OR 97351
0.22
$396,500
3
2
1,650
Off Market
1123 E St, Independence, OR 97351
0.24
$400,000
3
2
1,392
Recently Sold
1371 B St, Independence, OR 97351
0.28
$315,000
3
1
1,120
Recently Sold
1307 S 11th St, Independence, OR 97351
0.27
$615,700
4
3.5
2,337
Off Market
1135 Monmouth St, Independence, OR 97351
0.28
$277,810
2
1
1,008
Recently Sold

Price and Tax history

DateEventPrice
Sep 4, 2026
Source: RMLS (OR) #317935931
Listed For Sale
$860,000

LGBTQ Local Legal Protections

Drew Shane, Cascade Hasson Sotheby's International Realty
Agent Phone: (503) 747-9478
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-09-24 14:19:03 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Frequently asked questions about 1400 Falcon Loop

  • What is the estimated monthly payment for 1400 Falcon Loop?
    Based on a $860,000 list price with 20% down at today's rates, the estimated monthly payment for 1400 Falcon Loop in Independence, OR is approximately $5,458 (about $4,810 principal & interest, $573 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Independence?
    Residents describe Independence, OR as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Independence, OR.
  • What are the closest schools to 1400 Falcon Loop?
    The closest schools to 1400 Falcon Loop in Independence, OR are Ash Creek Elementary School (rated 7/10), Central High School (rated 4/10), Talmadge Middle School (rated 4/10).
  • What is 1400 Falcon Loop estimated to be worth?
    Trulia's estimated value for 1400 Falcon Loop in Independence, OR is $845,000.
1400 Falcon Loop, Independence, OR 97351 is a 8 bedroom, 8 bathroom, 4,019 sqft multi-family built in 2004. This property is currently available for sale and was listed by RMLS (OR) on Sep 4, 2026. The MLS # for this home is MLS# 317935931.