$485,000

1402 4th St La Grande, OR 97850

Estimated payment $2,945/month

Total Views 22,496
3 Beds
3 Baths
1,880 Sq Ft
$258 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Wood Siding
  • 2 Car Garage

About This Home

Looking for an investment opportunity in La Grande, Oregon? Well, I think you found it! This tri-plex is fully occupied and cash flowing! Built to take the wear and tear that often happens with investment properties, the maintenance and repairs expenses have been much lower than you'd expect. There's off-street parking for all tenants, and even garages for two of them. With vaulted ceilings, hard floors, and ceiling fans, there are even a few extras. Thanks to being zoned Residential-Professional (RP), any investor will have tons of options! The listing agent is also the property manager so contact your favorite real estate agent today so they can get any additional info straight from the source. 24-Hour notice is required for showings, and all other tenant's rights will apply.

Listing Agent

Ashley O'Toole

High Country Realty Professionals License #201204907 Listed on: 03/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,688

Year Built

  • Built in 1975

Lot Details

  • 5,662 Sq Ft Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Schools

  • Central Elementary School
  • La Grande Middle School
  • La Grande High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 2313

Community Details

Overview

  • 3 Units
  • Property managed by Listing Agent

Building Details

  • Operating Expense $10,572
  • Gross Income $27,180
  • Net Operating Income $16,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,688

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1975
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry
  • Storage: Garage
  • Total Bedrooms: 3
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Roof: Shingle

Garage/Parking

  • Parking Description: Garage, OffStreet
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Listing Agent
  • Management Phone: 541-663-7187

Schools

  • Elementary School: Central
  • High School: La Grande
  • Middle Or Junior School: La Grande

Lot Info

  • Zoning: RP
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.0
  • Parcel #: 2313

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Gas, Heat, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3688.02

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 17.84
  • Annual Gross Income: 27180.0
  • Property Net Operating Income: 16608.0
  • Annual Operating Expense: 10572.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax 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. Land Improvement
2024 $3,688 $204,860 $62,750 $142,110
2023 $3,623 $198,900 $60,920 $137,980
2022 $3,526 $193,114 $59,145 $133,969
2021 $3,437 $187,490 $58,412 $129,078
2020 $2,992 $182,030 $56,710 $125,320
2019 $3,039 $180,819 $56,419 $124,400
2018 $2,982 $175,553 $45,537 $130,016
2017 $2,857 $170,440 $44,210 $126,230
2016 $2,772 $164,080 $42,700 $121,380
2015 $2,741 $166,526 $41,532 $124,994
2014 $2,502 $161,676 $40,251 $121,425
2013 -- $156,967 $39,079 $117,888
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 For Sale $485,000 -- $258 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $132,900 Eastern Oregon Title Inc
Source: Public Records

About the Listing Agent

Ashley O'Toole
Ashley O'Toole

High Country Realty Professionals

(458) 854-6422

Section Image

Originally from St. Louis, Missouri, Ashley O’Toole joined the United States Navy after high school and was stationed in Ventura, California for six years as a Steelworker with the Navy Seabees.

Ashley was deployed around the world to several different countries, including a deployment to Iraq in 2008 where he was a vehicle commander on a convoy team and conducted over 180 convoy missions covering western Iraq. During his time in the Navy, Ashley was a three-time recipient of the

View Ashley's Profile

Ashley's Other Listings

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  • 0 Blue Mountain Dr Unit 9 19086277, La Grande, OR 97850

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  • 0 Lgbp Lot 4 Unit 24083149, Lagrande, OR 97850

    $50,000

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  • 67388 Timberline Rd, Summerville, OR 97876

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    SECLUDED LOG HOME ON 10 TIMBERED ACRES WITH BARN AND HORSE FACILITIES! Escape to your own private piece of the Pacific Northwest with this stunning 10-acre retreat tucked in the trees above the beautiful Grande Ronde Valley of Northeast Oregon. Located near the end of a private country road, this property features a beautifully maintained 2,016 sq ft log home with 3 bedrooms and 2 bathrooms.

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  • 1906 3rd St, La Grande, OR 97850

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  • 703 Washington Ave, La Grande, OR 97850

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  • 1107 F Ave, La Grande, OR 97850

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    Completely remodeled interior just prior to closing. Kitchen and bathroom both completely gutted and rebuilt. Hardwood floors refinished, new LVP, new light fixtures throughout, new ductless mini-split, all new kitchen appliances, major electrical upgrades, plumbing upgrades, new exterior paint, updated landscaping.

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 101501584

Regional Multiple Listing Service (RMLS)

APN: 03S3807AA-5300-0-101

Oregon Union County La Grande 97850

1402 4th St, La Grande, OR

This home is located at 1402 4th St, La Grande, OR 97850 and is currently priced at $485,000, approximately $257 per square foot. This property was built in 1975. 1402 4th St is a home located in Union County with nearby schools including La Grande High School, The Marian Academy, and Grande Ronde Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Ashley O'Toole
Ashley O'Toole
Listing Agent Section Image
High Country Realty Professionals
(458) 854-6422