56 NW 16th St, Ontario, OR 97914

This well-kept townhouse in a desirable Ontario neighborhood offers a rare chance to step into a fully rented, income-producing property from day one. Both townhomes are identical, each offering 1,800 square feet of comfortable living space with three bedrooms, two full bathrooms, a half bath on the main level, and an attached two-car garage. The layout is spacious and practical, making these units especially appealing to long-term tenants. Each side is currently rented for $2,050 per month, providing steady cash flow with reliable tenants already in place. The county tax assessor values the property at $376,780, giving buyers confidence in the long-term strength of the investment. The location is another major highlight as the property sits within walking distance of the local high school and is surrounded by well-established community amenities, making it an easy choice for renters. Whether you’re looking to expand your portfolio or secure a solid, turnkey investment, this townhouse offers dependable income, strong market value, and a location that continues to attract quality tenants. This townhome is legally separated and therefore listed separately.