Property Description

This is an amazing investment opportunity!! 18 fully rented units with a long standing and solid rental history. These units are separated into four structures on a .42 acre corner lot. The neighborhood is quiet and the units all show pride of ownership. The history of this parcel is that it used to be a hotel and then was converted into studio units and or 1 bedroom units. Some of these units have kitchenettes with a stove and some do not. These units are available to be shown to prequalified buyers once an offer has been accepted so as to not disturb the tenants. You may drive by and view the exterior at any time, just do not disturb the tenants. If you’re looking to do a 1031 exchange or looking to expand your portfolio with a 5.58% cap rate then do not pass this property by! It’s truly amazing and has been very well cared for.

Features
: Gas, Wall, Electric
: Window/Wall Unit
: No
18
Appliances
: Some units
: Some units
: No units
: No
Address Map
US
OR
Malheur
Ontario
97914-0000
124 NW 4th Ave.
W117° 2' 11.7''
N44° 1' 48.7''
Schools
Ontario School District 8C
Ontario
Ontario Jr High
Ontario
Additional Details
Active
Apartment
2024
$3,117
No
18
81+ Years
No
No
No
10000SF - .49
No
Not Applicable
: No
: 7704
: Frame
: Composition shingle
: No
: City service
: No
: 5+ units

Residential Income For Sale

124 NW 4th Ave., Ontario, Oregon 97914-0000

4,660 SqFt
Visits : 18 in 43 days
$1,250,000
Listing ID #98955382
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 98955382
Price : $1,250,000
Apx SqFt : 4,660 SqFt
Year Built : 1946
Lot Area : 0.42 Acres
Days on Market : 26
Subdivision : Wilsons Supplem
Update Date : 08/05/2025 19:27:15
Status : Active
Contact Agent
Mortgage Calculator
$
$ %
years
%
$
$

$
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern