Dustin Young and Company
Listed by Dustin Young and Company
$950,000
1002 4th Lane NE
Details
APN 31337107401010000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,184
Units 2
Year Built 2022
Acreage 40.000
Zoning Residential
Multifamily | 2 Units
Marketing description
Two homes, multiple outbuildings, and 40 acres create a rare property with room to live, work, and explore! The primary residence, built by KIB Homes in 2022, offers more than 3,500 sq. ft. with 6 bedrooms, 3 bathrooms, flexible office or gym space, and an attached 3-car garage. The inviting living room features gas and wood-burning fireplace with a mantel reclaimed from a historic Cordova grain elevator. The kitchen is anchored by a handcrafted Italian ILVE Nostalgie range. Quality finishes include Italian porcelain tile, custom interior doors, hardwired data and cable, an instant hot-water recirculation system, and smart-home features. The finished lower level provides 3 bedrooms, a bathroom, family room, flex space, egress windows, secure concrete storage room, and new carpet installed in July 2026.
The attached garage is plumbed for propane heat, generator-ready, and wired for an EV charger or hot tub. Outside, enjoy expansive views, a seasonal pond and stream, established fire line, and two 3,000-gallon water cisterns. 16.37 acres are enrolled in CRP through 2030, with maintenance completed. The property is bordered by Block Management land, providing convenient access to outdoor recreation subject to applicable regulations.
A separate 816 sq. ft., 2-bedroom, 1-bath bungalow offers additional space for guests, a home office, or potential rental use subject to applicable regulations. Recent improvements include new electrical, insulation, Sheetrock, electric tankless water heater, sewer piping, and roof repairs. Additional amenities include a detached 3-car garage, full RV hookups, chicken coop and run, dog shelter and run, recreational structures, and storage shed.
All information is deemed reliable but not guaranteed. Buyers and their agents are responsible for verifying property information to their own satisfaction. Seller and seller’s agent make no representations or warranties regarding the accuracy or completeness of the information provided.
Listing Contacts
Dustin Young and Company
Listed by Dustin Young and Company
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
