$359,000
PENDING

2327 4th St Baker City, OR 97814

Estimated payment $2,146/month

Total Views 286
8 Beds
5 Baths
3,289 Sq Ft
$109 Price per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Lap Siding
  • No HOA
  • Laundry Facilities
  • 1-Story Property

About This Home

Excellent investment opportunity in the heart of historic Baker City! This 5-unit multifamily property offers strong rental income potential with a solid rental history. Situated close to downtown amenities, schools, parks, and public transportation, the location is ideal for attracting long-term tenants. Each unit offers unique character and charm, with a mix of 1- and 2-bedroom layouts. Features include new exterior paint, updated electrical and plumbing systems, some off-street parking, and a shared laundry area for tenant convenience. With Baker City’s growing appeal and limited rental inventory, this multifamily property is an excellent opportunity for both seasoned investors and those new to the market. Don’t miss your chance to own a high-demand rental property in one of Eastern Oregon’s most charming and vibrant communities.

Listing Agent

Casey Holden

The Oregon Realty Group Brokerage Email: caseyholden@msn.com License #201244316 Listed on: 07/28/2025

Co-Listing Agent

Jon McLagan

The Oregon Realty Group Brokerage Email: caseyholden@msn.com License #200601086

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,796

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,289 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • Driveway
  • On-Street Parking

Schools

  • South Baker Elementary School
  • Baker Middle School
  • Baker High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2662

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $10,265
  • Gross Income $36,768
  • Net Operating Income $23,046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,796

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1940
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartiallyFinished
  • Total Bedrooms: 8
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level, PublicRoad
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry
  • Association: No

Schools

  • Elementary School: Brooklyn
  • High School: Baker
  • Middle Or Junior School: Baker
  • Elementary School #2: South Baker

Lot Info

  • Zoning: RHD
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 2662

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2795.6
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 9.76
  • Annual Gross Income: 36768.0
  • Property Net Operating Income: 23046.0
  • Annual Operating Expense: 10265.0

Map

Range of Values:

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Average Value
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List Price
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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 $2,796 $157,845 $35,348 $122,497
2023 $2,743 $153,248 $36,807 $116,441
2022 $2,667 $148,785 $37,357 $111,428
2021 $2,585 $144,452 $34,249 $110,203
2020 $2,422 $140,245 $38,284 $101,961
2019 $2,182 $136,161 $33,678 $102,483
2018 $1,984 $132,196 $31,966 $100,230
2017 $1,924 $128,250 $29,690 $98,560
2016 $1,762 $117,480 $29,480 $88,000
2015 $1,742 $116,100 $29,060 $87,040
2014 $1,710 $113,980 $28,650 $85,330
2013 -- $115,830 $27,860 $87,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $359,000 -- $109 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 797381590

Regional Multiple Listing Service (RMLS)

APN: 002662