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  • $499,000

    173 N 15th Ave, Elgin, OR 97827

    7beds
    3,456sqft
    : 
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    Multi Family
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $144/sqft
    $-- HOA

    What's special

    Exterior paintDouble pane vinyl windowsNewer roofHardy siding
    Investors looking for an opportunity to own apartment rentals look no further! This well-kept 4-plex built amongst the pine trees is ready for the motivated investor who has residual income as a future priority! As a residential gem in the city of Elgin, you don't want to miss this rare opportunity which was built with pride in 1979 and owned by only the original owner! Located near schools and close to shopping makes this a place that tenants enjoy calling home as turnover and vacancies are nearly nonexistent! Offering 4 total spacious units with three 2-bedroom 1-bathroom units and one 1-bedroom 1-bath unit. All units include range/oven, refrigerator, dishwasher and a garbage disposal! The convenient on-site laundry room has 2 washers and 2 dryers for all tenants to utilize as needed. The grounds give the feeling of a park like atmosphere as landscaping is always well maintained. Each upstairs unit provides a Trex deck out the dining room sliding glass door to enjoy the evening views while relaxing, and the downstairs units offer a patio and a small yard! The building has a newer roof, double pane vinyl windows, Hardy siding, and exterior paint. Make an appointment to see this great opportunity today! This 4-plex may be purchased together with the adjacent 4-plex located at 171 N 15th Ave Elgin. Please see listing 450112253. Listing agent is related to the seller. Financials are available.
    5 days
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    139
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    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Hutson 970-978-8837,

    Valley Realty

    Source: RMLS (OR),MLS#: 597963746MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Baseboard
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Range, Refrigerator, Electric Water Heater
      • Laundry: Common Area
      Features
      • Windows: Window Coverings
      • Basement: Crawl Space
      Interior area
      • Total structure area: 3,456
      • Total interior livable area: 3,456 sqft

      Property

      Parking
      • Parking features: Off Street, Paved
      Features
      • Stories: 2
      • Has view: Yes
      • View description: Mountain(s), Seasonal, Trees/Woods
      Lot
      • Size: 0.25 Acres
      • Features: Corner Lot, Level, Seasonal, Trees, SqFt 10000 to 14999
      Details
      • Parcel number: 12881
      • Zoning: EL-R

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Cement Siding, Lap Siding
      • Foundation: Concrete Perimeter, Pillar/Post/Pier
      • Roof: Composition
      Condition
      • Existing
      • Year built: 1979

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Satellite Internet Service

      Community & HOA

      Community
      • Features: All Landscaping, Laundry
      • Security: Security Lights
      HOA
      • Has HOA: No
      Location
      • Region: Elgin

      Financial & listing details

      • Price per square foot: $144/sqft
      • Annual tax amount: $3,219
      • Date on market: 6/28/2026
      • Listing terms: Call Listing Agent,Cash,Conventional,Other
      • Total actual rent: 2956
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Listed for sale$499,000$144/sqft
        Source: RMLS (OR) #597963746 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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: 97827

        Getting around

        49 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Stella Mayfield
        • Middle: Elgin
        • High: Elgin

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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