305 Nw 8th Ave

Ontario, OR 97914

About this property

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.

About this property

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.

Features and Additional Information

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$2,100,000 Active
13,420 SQFT

Presented By Harrison Sanchez

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Get in touch today! Phone: 1-970-390-8551
License #FA 100106080
Brokerage
Keller Williams Realty Boise
1-208-672-9000
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Area Information

Ontario | Malheur County |

$ 2,100,000
This listing is play_arrow 500.9% higher than the average in the area
$ 349,500 in the area
13,420 SqFt
This listing is play_arrow 643.1% larger than the average in the area
1,806 SqFt in the area
$ 156 $/SqFt
This listing is play_arrow 19.1% less than the average in the area
$ 194 $/SqFt in the area
101 days on site
This listing is play_arrow 35.7% below the average in the area
157 days on site in the area

Schools in the Area

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    Elementary School
    Ontario School District 8C
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    Middle School
    Ontario School District 8C
  • turned_in
    High School
    Ontario School District 8C

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Listed By Jared Stasch
Brokerage: Keller Williams Realty Boise

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