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804 E Oregon Ave
Hermiston, OR 97838
9 Individually Deeded Investment Townhomes · Multifamily Property For Sale · 9 Units

Investment Highlights

  • Newer Construction
  • Property Management - Turn Key Investment - Individually Deeded
  • High Growth Area

Executive Summary

Nine (9) individually deeded units with property management, and tenants in place delivered at closing. LOTS 42 35 36 43 44 41 40 39 38. Viewing during due diligence / inspection period with accepted offer that includes proof of funds (or investment loan pre-approval). Use OREF forms to present offers. Title to be First American Title - Christina Brusco. Call listing Broker for projected cash proformas and details. Do not Disturb residents.
Nine (9) individually deeded TURN-KEY INVESTMENT PROPERTIES in a growing economy with professional property management and tenants in place. Each beautiful 3 bedroom & 2.5 bath townhome has a one car garage. Open kitchen with stainless steel appliances. Laminate floors throughout kitchen, dining and living area. Excellent 1031 Exchange opportunity!

Property Facts In Escrow

Price Per Unit $354,761 CAD
Sale Type Investment
Cap Rate 5.53%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class B
Lot Size 1.80 AC
Building Size 28,080 SF
Average Occupancy 100%
No. Stories 2
Year Built 2017
Zoning R3 - R3 allows for high-density residential development, including single-family, two-family, townhouses, and multifamily dwellings

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Wi-Fi
  • Yard
  • Deck
  • Double Pane Windows
  • Family Room
  • Island Kitchen
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Online Services
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 9 $2,462 CAD 1,560

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 166291
  • 166284
  • 166288
  • 166285
  • 166286
  • 166290
  • 166289
  • 166287
Land Assessment
$164,095 CAD
Improvements Assessment
$799,073 CAD
Total Assessment
$963,168 CAD
  • Listing ID: 35981297

  • Date on Market: 2025-05-24

  • Last Updated:

  • Address: 804 E Oregon Ave, Hermiston, OR 97838

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