$519,000
PENDING $16K PRICE DROP

160 NW 3rd Ave Ontario, OR 97914

Ontario Area

Estimated payment $3,184/month

Total Views 10,185
8 Beds
4 Baths
2,880 Sq Ft
$180 Price per Sq Ft

Highlights

  • 1 Car Garage
  • Property is Fully Fenced
  • 4-minute walk to Laxson Park
  • Washer and Dryer
  • Wall Furnace

About This Home

One of the best priced investments on the MLS . Turn-key fourplex priced aggressively by a motivated seller moving on to new projects. Four spacious 2-bed/1-bath units are 100% occupied with IN-UNIT WASHER AND DRYERS standard appliances, and large private backyards ideal for pets or families.Strong tenant demand keeps vacancy low. Solid construction, recent exterior updates, and low-maintenance operations deliver reliable cash flow today — plus immediate upside with Oregon’s 9.5% allowed rent increase in 2026. Best-priced opportunity near the Treasure Valley. Call today about this great investment.

Listing Agent

Lane Nielson

Keller Williams Realty Boise Brokerage Phone: 208-672-9000 Listed on: 04/15/2026

Keller Williams Realty Boise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 120x62.5
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 1 Car Garage
  • Carport

Home Design

  • 2,880 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Washer and Dryer

Schools

  • Ontario Elementary School
  • Ontario Jr High Middle School
  • Ontario High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 7300

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $10,998
  • Gross Income $52,224
  • Net Operating Income $41,226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,009

Year Built

Built in 1969

Lot Details

7,405 Sq Ft Lot

Parking

1

Listing Details

  • Year Built: 1969
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Lot Size: 120x62.5
  • CapRate: 7.7
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Attribution Contact: Main: 208-672-9000
  • Special Features: None

Interior Features

  • Heating: Electric, Wall Furnace
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
  • Total Bedrooms: 8
  • Living Area: 2880

Exterior Features

  • Roof: Other
  • Fencing: Full, Wood
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: One Car, Carport
  • Total Parking Spaces: 5

Utilities

  • Cooling: Wall/Window Unit(s)
  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Water Source: City Service
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Schools

  • Elementary School: Ontario
  • Junior High Dist: Ontario School District 8C
  • High School: Ontario
  • Middle Or Junior School: Ontario Jr High

Lot Info

  • Lot Features: Standard Lot 6000-9999 SF, Sidewalks
  • Parcel Number: 7300
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 7405.2

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4009.18

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 52224
  • Property Net Operating Income: 41226
  • Annual Operating Expense: 10998
  • Total Actual Rent: 4352
  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,009 $259,150 $33,488 $225,662
2024 $3,896 $251,602 $36,951 $214,651
2023 $3,794 $244,274 $34,158 $210,116
2022 $3,693 $237,160 $39,392 $197,768
2021 $3,600 $230,253 $41,685 $188,568
2020 $3,503 $223,547 $40,168 $183,379
2019 $3,413 $217,036 $31,535 $185,501
2018 $3,155 $210,715 $31,662 $179,053
2017 $3,055 $204,578 $29,448 $175,130
2016 $2,942 $198,620 $28,590 $170,030
2015 $2,899 $193,135 $29,448 $163,687
2014 $2,794 $187,510 $28,590 $158,920
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/05/2026 07/05/26 Pending -- -- --
05/18/2026 05/18/26 Price Changed $519,000 -3.0% $180 / Sq Ft
04/15/2026 04/15/26 For Sale $534,995 -- $186 / Sq Ft
Source: Intermountain MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $430,000 Amerititle
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $190,000 Malheur County Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $266,250 New Conventional
Closed $170,000 New Conventional
Source: Public Records

Source: Intermountain MLS

MLS Number: 98982141

Intermountain MLS

APN: 18S4703CB 7300

Oregon Malheur County Ontario 97914

160 NW 3rd Ave, Ontario, OR

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Intermountain MLS IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.

Information provided by IMLS is deemed reliable but not guaranteed.

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Lane Nielson
Listing Agent
Lane Nielson
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Keller Williams Realty Boise
(458) 588-2820
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