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.
Active
Price cut: $50K (3/31)
$1,200,000
124 NW 4th Ave, Ontario, OR 97914
--beds
--baths
4,660sqft
Apartment, Multi Family
Built in 1946
-- sqft lot
$1,092,400 Zestimate®
$258/sqft
$-- HOA
What's special
Studio unitsKitchenettes with a stoveCorner lot
- 325 days |
- 73 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Kellie Robinson Main:208-739-6876,
True North Real Estate Group, LLC
Source: IMLS,MLS#: 98955382
Loading...
Facts & features
Interior
Heating
- Electric, Natural Gas, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Stove/Range (Some Units), Refrigerator (Some Units), Washer/Dryer (No Units)
Features
- Flooring: Vinyl Sheet
- Has basement: No
Interior area
- Total structure area: 4,660
- Total interior livable area: 4,660 sqft
Property
Parking
- Total spaces: 18
Lot
- Size: 0.42 Acres
- Features: 10000SF - .49
Details
- Parcel number: 18S4703CB4600
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1946
Utilities & green energy
- Gas: Unit 8 Separate Meter
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Wilsons Supplem
Location
- Region: Ontario
Financial & listing details
- Price per square foot: $258/sqft
- Annual tax amount: $3,116
- Date on market: 7/22/2025
- Listing terms: Cash,Conventional,Owner Will Carry
- Ownership: Fee Simple
Estimated market value
$1,092,400
$1.04M - $1.15M
$1,237/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97914
Nearby schools
GreatSchools rating
- 3/10May Roberts Elementary SchoolGrades: K-1Distance: 0.4 mi
- 3/10Ontario Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Ontario High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Ontario
- Middle: Ontario Jr High
- High: Ontario
- District: Ontario School District 8C
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Malheur County
- Ontario
- 97914
- 124 NW 4th Ave
Nearby cities
Nearby zip codes
Other Ontario Topics
