Well kept duplex located on a low traffic street in south La Grande! Sitting on a corner lot in close proximity to EOU, Grande Ronde Hospital and city center, this property has two three bedroom, one bathroom units with washer/dryer hookups and patio space. A well maintained investment property with a strong rental history, ample storage and water/sewer paid for by landlord. Designated parking spaces, mature shade trees and low maintenance yard make this too good to pass up. Each unit rents for $1200, making the gross income $2400 a month! Call your Realtor today!
High Country Realty ProfessionalsLicense #201208067Listed on: 09/06/2023
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,538
Year Built
Built in 1959
Lot Details
Corner Lot
Level Lot
Landscaped with Trees
Parking
2 Car Garage
Home Design
Brick Exterior Construction
Composition Roof
Concrete Perimeter Foundation
Interior Spaces
Storage
Crawl Space
Schools
Central Elementary School
La Grande Middle School
La Grande High School
Utilities
No Cooling
Baseboard Heating
Electric Water Heater
Listing and Financial Details
Rent includes sewer, water
Assessor Parcel Number 3768
Community Details
Overview
2 Units
Building Details
Operating Expense $9,128
Gross Income $27,962
Net Operating Income $18,834
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,538
Year Built
Built in 1959
Lot Details
0
Parking
2
Listing Details
Standard Status: Closed
MLS Status: Sold
Property Type: MultiFamily
Year Built: 1959
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement: CrawlSpace
Storage: IndividualStorageUnits
Lot Size Range: SqFt5000to6999
Exterior Features
Exterior Description: Brick
Lot Size: 5,000 to 6,999 SqFt
Foundation Details: ConcretePerimeter
View: No
Lot Features: CornerLot, Level, Trees
Road Surface Type: Paved
Disclosures: Disclosure
Roof: Composition
Garage/Parking
Attached Garage: No
Garage Spaces: 2.0
Total Parking Spaces: 2.0
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Schools
Elementary School: Central
High School: La Grande
Middle Or Junior School: La Grande
Lot Info
Zoning: LG-R3
Parcel #: 3768
Green Features
Green Certification: No
Rental Info
Rent Includes: Sewer, Water
Tax Info
Tax Deferral: No
Tax Year: 2022
Tax Annual Amount: 2538.2
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2
Number Of Units Total: 2
Gross Rent Multiplier: 12.51
Annual Gross Income: 27962.0
Property Net Operating Income: 18834.0
Annual Operating Expense: 9128.0
Ownership History
DateNameOwned ForOwner Type
Nov 2023 - PresentKromwall Michael R and Kromwall Carol Ann1 Year and 6 Months
Private Individual
Purchase Details
Listed on
Sep 6, 2023
Closed on
Nov 1, 2023
Sold by
Michael & Carol Ann Kromwall Family Trus
Bought by
Kromwall Michael R and Kromwall Carol Ann
Seller's Agent
Lana Anderson
High Country Realty Professionals
Buyer's Agent
Fran Zerbel
Valley Realty
List Price
$349,900
Sold Price
$331,500
Premium/Discount to List
-$18,400
-5.26%
Total Days on Market
27
Views
15
Current Estimated Value
$329,867
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,633
Avg. Annual Appreciation
14.39%
Original Mortgage
$160,500
Outstanding Balance
$158,760
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$249,555
Oct 2023 - Nov 2023Trump Robert Leon1 Month
Private Individual
Purchase Details
Listed on
Sep 6, 2023
Closed on
Oct 24, 2023
Sold by
Trump Robert L and Trump Mary Pearl
Bought by
Trump Robert Leon
Seller's Agent
Lana Anderson
High Country Realty Professionals
Buyer's Agent
Fran Zerbel
Valley Realty
List Price
$349,900
Sold Price
$331,500
Premium/Discount to List
-$18,400
-5.26%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Outstanding Balance
$158,760
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$249,555
Apr 2021 - Oct 2023Lagrande Rentals Llc2 Years and 6 Months
Company
Purchase Details
Closed on
Apr 8, 2021
Sold by
Dryden William A
Bought by
Lagrande Rentals Llc
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Dont miss out on a great property with tons of upside potential. Three of the units have longer term tenants and one is recently rented. There is coin-op laundry in the basement along with storage for the tenants. Covered parking out back. This property is very sound and with a little attention it could be a great investment
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 1102 11th St Unit 4, La Grande, OR 97850 since 06 September 2023 and is currently estimated at $329,867, approximately $150 per square foot. This property was built in 1959. 1102 11th St Unit 4 is a home located in Union County with nearby schools including La Grande High School, The Marian Academy, and Grande Ronde Academy.
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