1745 SW 24th St Pendleton, OR 97801
Estimated payment $6,837/month
About This Home
Offering Summary
Introducing a prime investment opportunity in Pendleton, this well-maintained 6,356 SF converted commercial use building is 100% Leased with a solid tenant mix. Both tenants are on Modified Gross Leases. The roof was replaced in 2023 with recent updates to the interior flooring, paint, appliances, a bathroom addition and new furnaces installed. Strategically positioned on a large lot between CHI St. Athony Hospital and the Eastern Oregon Cancer Center, in C-3 zoning district, this property offers the ideal blend of location and potential. Offered at a 7.51% Cap rate. Contact Listing Broker for more information 541-379-1338 / .
Property Highlights
Prime Location in Pendleton's Medical and Office Corridor
Solid Tenant Mix
100% Leased
$82,664.06 NOI
7.51% Cap rate
Home Details
Home Type
- Single Family
Lot Details
- Current uses include commercial
- Potential uses include for development
Bedrooms and Bathrooms
- 4 Bedrooms
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $10,463 | $568,200 | $81,470 | $486,730 |
| 2023 | $9,973 | $535,600 | $76,790 | $458,810 |
| 2022 | $7,600 | $513,310 | $0 | $0 |
| 2021 | $7,593 | $498,360 | $72,380 | $425,980 |
| 2020 | $7,325 | $483,850 | $70,280 | $413,570 |
| 2018 | $7,169 | $456,080 | $66,240 | $389,840 |
| 2017 | $6,987 | $442,800 | $64,310 | $378,490 |
| 2016 | $6,829 | $429,910 | $62,430 | $367,480 |
| 2015 | $6,750 | $393,440 | $57,130 | $336,310 |
| 2014 | $6,447 | $393,440 | $57,130 | $336,310 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2026 05/29/26 | For Sale | $1,100,000 | -- | $173 / Sq Ft |
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 | $529,000 | Pioneer Title Co | |
| Warranty Deed | $449,000 | Pioneer Title Co | |
| Warranty Deed | $40,000 | Pioneer Title Co |
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 | $476,100 | New Conventional | |
| Previous Owner | $404,100 | New Conventional | |
| Previous Owner | $304,000 | Construction |
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Ask me questions while you tour the home.