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  • $800,000

    703 18th St, La Grande, OR 97850

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    0baths
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    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Paved roadsCity utilities
    Rocks Trailer Court is an established all-ages 17-space mobile home park located in La Grande, Oregon. Offered at $800,000 with an impressive 9% cap rate, this 1-acre property features a flexible general commercial zoning, paved roads and city utilities…no risk of septic failure! All utilities are efficiently billed back to the tenants. An exceptional value-add opportunity awaits by filling current vacancies (due to recent clean up), moving existing below-market rents towards current market rent and adding storage units in the park’s open area. Furthermore, Rocks Trailer Court qualifies for Oregon’s maximum 9.5% rent increase - significantly outperforming the 6% cap imposed on larger parks.
    7 days
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    262
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jim Reiter 503-913-1943,

    Columbia Equity Advisors

    Source: RMLS (OR),MLS#: 785385602MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • None

      Property

      Parking
      • Parking features: Off Street
      Lot
      • Size: 1 Acres
      • Features: Level, Acres 1 to 3
      Details
      • Parcel number: 3935
      • Zoning: GC

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Other
      Condition
      • Approximately
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: La Grande

      Financial & listing details

      • Tax assessed value: $179,230
      • Annual tax amount: $2,857
      • Date on market: 6/27/2026
      • Listing terms: Call Listing Agent,Cash,Contract,Conventional,Owner Will Carry
      • Total actual rent: 10200

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/27/2026Listed for sale$800,000+497%
        Source: RMLS (OR) #785385602 Report a problem
        1/13/2005Sold$134,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2017$2,353 +6.1%$124,640 +3%
        2016$2,217 +6461.5%$121,010 +5950.5%
        2015$34 +130%$2,000 +100%
        2014$15 -60.6%$1,000 -72.5%
        2013$37 $3,630

        Find assessor info on the county website

        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: 97850

        Getting around

        63 / 100
        Somewhat Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: La Grande
        • High: La Grande

        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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