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Property Description

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.

Features
Heating:
Baseboard
Cooling:
Window/Wall Unit
Total Parking:
24
Appliances
Refrigerator:
All units
Stove/Range:
All units
Washer/Dryers:
Community Use
Washer/Dryer Hookups:
No units
Address Map
Country:
US
State:
OR
County:
Malheur
City:
Ontario
Zipcode:
97914
Street:
305 NW 8th Ave
Longitude:
W117° 2' 8.5''
Latitude:
N44° 2' 9''
Schools
School District:
Ontario School District 8C
Elementary School:
Ontario
Middle School:
Ontario Jr High
High School:
Ontario
Additional Details
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

13,420 SqFt
Visits : 3 in 504 days
$2,150,000
Listing ID #98921892
Basic Details
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
Contact Agent
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