$672,900
SOLD MAY 28, 2021

2109 3rd St La Grande, OR 97850

-- Bed
-- Bath
8,404 Sq Ft
0.34 Acres

Recently Sold

$80 Per Sq Ft

Highlights

  • Views
  • High Speed Internet
  • Level Lot
  • Controlled Entrance

About This Home

As of February 2024

Price Reduced! For sale is a 10 unit multiplex that includes a historic four-bedroom house, and nine 1 & 2 bedroom apartments. The entire complex has been renovated within the last 5 years, so repair costs are low. Good insulation, and energy efficient lighting and appliances keep the bills low too. Currently at 100% occupancy thanks to a competitive rental market. A great investment that promises to return - especially with these historically low interest rates!

Last Agent to Sell the Property

Ashley O'Toole

High Country Realty Professionals License #201204907 Listed on: 02/24/2021

Last Buyer's Agent

Tom Abalan

Kelly Right Real Estate of Portland, LLC License #200606374

Kelly Right Real Estate of Portland, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • Level Lot

Parking

  • Controlled Entrance

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Security Lights
  • Property Views

Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • Gas Water Heater
  • High Speed Internet

Community Details

  • Property managed by Ashley O'Toole

Listing and Financial Details

  • Rent includes electricity, gas, trash collection, heat, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 8404
  • Stories: 2
  • Year Built: 1890
  • Property Condition: Restored
  • Remarks Public: Price Reduced! For sale is a 10 unit multiplex that includes a historic four-bedroom house, and nine 1 & 2 bedroom apartments. The entire complex has been renovated within the last 5 years, so repair costs are low. Good insulation, and energy efficient lighting and appliances keep the bills low too. Currently at 100% occupancy thanks to a competitive rental market. A great investment that promises to return - especially with these historically low interest rates!
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Map: 03S3806DA TL: 3900
  • Basement: Exterior Entry, Partial Basement

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Shingle
  • View: City, Mountain(s)
  • Foundation Details: Other, Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: None

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Mini Split
  • Internet Service Type: Cable
  • Security: Entry, Security Lights, Sidewalk

Condo/Co-op/Association

  • Management Name: Ashley O'Toole
  • Management Phone: 541-663-7187
  • Common Amenities: Laundry

Schools

  • Middle School: La Grande
  • High School: La Grande

Lot Info

  • Lot Description: Level
  • Zoning: LG-GC

Rental Info

  • Rent Includes: Electricity, Gas, Trash Collection, Heat, Sewer, Water

Tax Info

  • Tax Amount: 6614.77
  • Assessor Parcel Number: 1714
  • Tax Year: 2020

Multi Family

  • Gross Rent Multiplier: 7.72

MLS Schools

  • High School: La Grande
  • Middle School: La Grande

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $980,000 -10.9% $134 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $1,100,000 +63.5% $151 / Sq Ft
05/28/2021 05/28/21 Sold $672,900 +0.4% $80 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $669,900 -- $80 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21519382

Regional Multiple Listing Service (RMLS)