305 NW 8th Ave , Ontario, OR 97914
Ontario, OR 97914
Description
This is a real value-add property with rents on most units that can be raised. Property was renovated in 2022 through 2023. Unit mix consists of 18 units with 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.
Details
| MLS# | 98921892 |
|---|---|
| Listing Type | For Sale |
| Style | Town House / Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 38 |
| Listing Provided By | Keller Williams Realty Boise | Jared Stasch |
Features
| SQ Feet | 13,420 |
|---|---|
| Units | 18 |
| Acreage | 0.67 |
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Learn More About This Property
| State | OR |
|---|---|
| County | Malheur |
| City | Ontario |
| Zip Code | 97914 |
| Area | Ontario |
| School District | Ontario School District 8C |
| Elementary School | Ontario School District 8C |
| Middle School | Ontario School District 8C |
| High School | Ontario School District 8C |
| Listing VS Median (in 97914) | |
Price: $2,200,000 low | high Med: $339,000 SqFt: 13,420 low | high Med: 2,240 $ / SqFt: $164 low | high Med: $151 On Site: 38 low | high Med: 55.000000 | |