Oregon allows 10% rent raises. 18 rehabbed units in one of the tightest rental markets in Oregon. Unit mix consists of one bath per unit: 2 Studio units; 4 one bed units; 12 two bed units. New landscaping was added in 2022 with automatic irrigation and sprinklers. A new roof membrane was installed by Lassiter roofing in 2022. The exterior was painted in 2022. 90% of the windows were replaced in 2022. Laundry room was updated and includes two washers and two dryers. A fence was added on the west and North side of the property in 2022. Lots of room to keep raising rents over the next couple of years as Ontario is very tight in the housing market and there are very few rentals available in the area. The property is managed by Century 21. Listing broker is related to the seller.
- Heating:
- Baseboard
- Cooling:
- Window/Wall Unit
- Total Parking:
- 24
- Refrigerator:
- All units
- Stove/Range:
- All units
- Washer/Dryers:
- Community Use
- Washer/Dryer Hookups:
- No units
- Country:
- US
- State:
- OR
- County:
- Malheur
- City:
- Ontario
- Zipcode:
- 97914
- Street:
- 305 NW 8th Ave
- Longitude:
- W117° 2' 8.5''
- Latitude:
- N44° 2' 9''
- School District:
- Ontario School District 8C
- Elementary School:
- Ontario
- Middle School:
- Ontario Jr High
- High School:
- Ontario
- Status:
- Active
- Type:
- Apartment
- Tax Year:
- 2023
- Taxes:
- $7,539
- Potential Short Sale:
- No
- Unit count:
- 18
- Age:
- 51 - 80 Years
- Auction:
- No
- Flood Ins Required:
- No
- In Foreclosure:
- No
- Land Size:
- 10000SF - .49
- Home Owner Exempt:
- No
- HOA Frequency:
- Not Applicable
- Construction:
- Concrete, Foundation - Crawl Space, Vinyl Siding
- Roof:
- Other
- Water:
- City service
- Waste Disposal System:
- All Units
- Land Use:
- 5+ units
Residential Income For Sale
305 NW 8th Ave, Ontario, Oregon 97914
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Status :
- Active
- Listing ID :
- 98921892
- Price :
- $2,150,000
- Apx SqFt :
- 13,420 SqFt
- Year Built :
- 1970
- Days on Market :
- 499
- Subdivision :
- 0 Not Applic.
- Update Date :
- 12/31/2025 06:00:56