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Listed price in listed location currency (USD).
$1,250,000

0018

MLS® 98955382

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 4660 sqft
Garage No
Maintenance Fees 
Taxes $3,117
Days Active 138
Approx. Age 1946
Avg. Price Per Sqft $268
MLS® Number 98955382

Property Address: 124 Nw 4th Ave, Ontario, OR, 97914-2488

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number98955382
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1946
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 22, 2025List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
124 Nw 4 Th Ave, Ontario, OR

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