305 Northwest 8th Avenue

Ontario, OR 97914

$2,100,000
Price
Beds
13,420 Sq. Ft.
$156 / Sq. Ft.
13,420
Sq. Ft.
$156
per Sq. Ft.

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...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.
  1. Listed by Jared Stasch • Keller Williams Realty Boise

Amenities

  • Dryer
  • Fence
  • Laminate Floors
  • Laundry
  • Laundry in Building
  • Washer
  • Window AC Installed
LISTING UPDATED: 10/23/2024 11:45 AM

Property Details for 305 Northwest 8th Avenue

StatusActive
MLS #98921892
Days on Market89
Taxes$7,539 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1970
CountyMalheur County

Building Information for 305 Northwest 8th Avenue

Building/Complex305 Nw 8th AveFloor-Stories-Residences18Pet Policy-Year Built1970Building Size-

Property Information for 305 Northwest 8th Avenue

Summary
Taxes and HOA
  • Tax Legal Description: Land in G.W. Routh Tracts situated in Lot 1, Sec. 3, Twp. 18 S., R. 47 E., W.M., Tract 1 and the East 1/2 of Tract 2,
  • Tax Year: 2023
  • Parcel Number: 18S4703BB
School Information
  • Elementary School: Ontario
  • Elementary School District: Ontario School District 8C
  • HighSchool: Ontario
  • HighSchool District: Ontario School District 8C
  • Middle Or Junior School: Ontario Jr High
  • Middle Or Junior School District: Ontario School District 8C
Parking
  • Parking Total: 22
Property
Lot Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Total: 13420.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Living Area: 13420.0
  • Living Area Units: Square Feet
  • Lot Features: 10000SF - .49
  • Lot Size Dimensions: 210x138
  • Lot Size Units: Acres
Property and Assessments
  • Documents Available: Other
  • Photos Count: 3
  • Year Built: 1970
Utilities
  • Utilities: Sewer Connected
  • Water Source: City Service
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete, Vinyl Siding
  • Fencing: Wood
  • Roof: Other
Interior Features
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
  • Cooling: Wall/Window Unit(s)
  • Cooling Available: Yes
  • Flooring: Laminate
  • Foundation Details: Crawl Space
  • Heating: Baseboard
  • Heating: Yes
  • Laundry Features: Washer/Dryer Hookups (No Units)
Multi Family
Multi-Family Information
  • Number Of Units Total: 18

Property History for 305 Northwest 8th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 305 Northwest 8th Avenue

Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
May Roberts Elementary School
PublicK to 6

Ontario Middle School
Public7 to 8

Ontario High School
Public9 to 12

Aiken Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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305 Northwest 8th Avenue is a multi-family home for sale in Ontario, OR 97914. This property was listed for sale on August 26, 2024 by Keller Williams Realty Boise, it's currently listed at $2,100,000. Nearby schools include May Roberts Elementary School, Ontario Middle School and Ontario High School. 305 Northwest 8th Avenue is a 0-bed, 0-bath, 13,420 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Boise

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 10/23/2024 11:45 AM