Estimated payment $2,734/month
Charming Investment Property Zoned for Short-Term Rentals in Downtown EnterpriseLocation: Nestled just minutes from downtown Enterprise, this property is ideally zoned for short-term rentals, making it a prime opportunity for both tourists and business travelers. Whether you're looking for a vacation rental investment or a property with steady income potential, this location offers exceptional appeal.**Property Setup:** This versatile property features two separate units:- **1-bedroom, 1-bath** unit- **studio with a bath** Perfect for renting one unit and living in the other, or renting both units for maximum income potential. The flexible layout offers endless opportunities.**Income Potential:** With a proven rental history and current cap rate of over 8%, this property offers a reliable and solid return on investment. It's a great choice for those looking to add a profitable short-term rental to their portfolio or enter the rental business.**Extras:** - **Two-car garage** for added convenience - **Additional shed** for extra storage - Ample space for **boat and RV parking**, appealing to renters with recreational vehicles. These features not only enhance the property's usability but also add significant value for renters, increasing overall appeal.**Growth Potential:** The property has notable **growth potential**, with opportunities to increase revenue through strategic pricing or upgrades. The increasing demand for short-term rentals in this area makes it an ideal choice for capitalizing on future trends.**Don't miss out on this exceptional investment opportunity**—contact us today to schedule a showing!
Listing Agent
Real Estate Associates Brokerage Phone: 541-432-4060 License #201213401 Listed on: 03/22/2025
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Property Views
Home Design
Interior Spaces
Kitchen
Bedrooms and Bathrooms
Accessible Home Design
Outdoor Features
Schools
Utilities
Community Details
Listing and Financial Details
| 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 | $2,794 | $179,324 | $41,985 | $137,339 |
| 2023 | $2,716 | $174,101 | $41,111 | $132,990 |
| 2022 | $2,635 | $169,031 | $42,232 | $126,799 |
| 2021 | $2,566 | $164,108 | $41,263 | $122,845 |
| 2020 | $2,396 | $159,329 | $40,740 | $118,589 |
| 2019 | $2,330 | $154,689 | $44,342 | $110,347 |
| 2018 | $2,266 | $150,184 | $43,694 | $106,490 |
| 2017 | $2,203 | $145,810 | $43,582 | $102,228 |
| 2016 | $2,141 | $141,564 | $0 | $0 |
| 2015 | $2,082 | $137,441 | $41,029 | $96,412 |
| 2014 | $2,024 | $133,438 | $39,834 | $93,604 |
| 2013 | $1,967 | $129,552 | $38,405 | $91,147 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 03/22/2025 03/22/25 | For Sale | $525,000 | +44.2% | $445 / Sq Ft |
| 05/12/2022 05/12/22 | Sold | $364,000 | +1.4% | $308 / Sq Ft |
| 04/01/2022 04/01/22 | Pending | -- | -- | -- |
| 03/28/2022 03/28/22 | For Sale | $359,000 | -- | $304 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $30,000 | Unknown | |
| Closed | $35,000 | Credit Line Revolving |
$475,000
Come tour this remodeled farmhouse in Enterprise, Oregon! This property sits on a corner lot and has 12 mature and producing apple trees, gazebo, and a newly fenced back area. Inside you will find a beautifully done remodeled interior that includes an updated kitchen, fireplace mantle, bathrooms, bedrooms, in floor heating throughout most of the main floor. Great spot in town, come see what this
Joe Dawson Ruby Peak Realty, Inc.
$349,000
This meticulously maintained home in a quiet neighborhood features a stunning beautifully landscaped fenced backyard, perfect for relaxation and gatherings. Built 73 years ago by this original owner, the quality and craftsmanship is evident throughout. This rare GEM, lovingly cared for over the decades is ready to make memories with a new owner! Beautiful hardwood floors, a focal mantle and built
Larrena Overton Wallowa Mountain Properties
$395,000
Go FISHING in your front yard, grow your own food and play in the city park across the street! This property has almost 300' of Prairie Creek frontage on nearly half an acre. Fish, relax near the water, or play in the spacious yard. The charming 1948-style house has lots of space for family, friends and favorite projects. Enjoy the traditional 40's style featuring windows that capture the view of
Diane Daggett Ruby Peak Realty, Inc.
$498,000
Step into the enchanting world of "Rose Cottage," a meticulously restored Victorian masterpiece that effortlessly blends historic charm with modern comforts. The kitchen, equipped with luxurious heated floors, seamlessly transitions into a sunroom, creating an ideal oasis for your indoor plants to thrive. Picture yourself savoring a refreshing drink on the inviting covered front porch, enveloped
Tammi Dutton Real Estate Associates
$399,000
Charming 1920's Home for Sale in Enterprise,OR Wallowa County!Step into this beautifully undated 1920, gem, blending timeless character with modern conveniences. Located within walking distance of downtown Enterprise and the City Park, with pool and courts, ice skating in winter. Property offers charm, comfort, and convenience. Enterprise is a friendly small town known for its active schools,
Candace Bowman Oregon Trail Realty LLC
$439,000
Well maintained, spacious, one level home with a captivating mountain view. 1/3 acre corner lot with a stream bed across the rear property line (doesn't have water every year). Easy maintenance vinyl siding and metal roof on home. New wood privacy fence around concrete patio in backyard. Sprinkler system in front and back yard. Heat options: New 2025 propane furnace, propane fireplace and Wood
Michele Baird Ruby Peak Realty, Inc.
$349,000
Updated beautiful home in nice neighborhood with fireplace. Close to park and downtown. Newly remodeled main bathroom with new deep bathtub, tiled walls for shower, toilet, sink/vanity & heated floor! Kitchen is updated & convenient. Covered front porch & large rear deck ready for your hot tub! Raised flower/garden beds, 2 newer storage buildings. 3rd bedroom used for office and does not have a
Mike Lavezzo Wallowa Mountain Properties
$399,000
Beautifully Remodeled 2-Bed, 2-Bath Home with Modern Upgrades and Business PotentialThis stunning, recently remodeled 2-bedroom, 2-bathroom home offers the perfect blend of style, comfort, and functionality. The exterior is adorned with T-111 wood siding and cedar batts, complemented by a durable 35-year dimensional comp roof. The home also features tongue and groove pine enclosed soffits and
Robin Despain Real Estate Associates
$535,000
Great mountain views and a quiet neighborhood. A warm and welcoming home with great curb appeal. Features include: newly (2025) stained exterior, large wood deck also with fresh stain. Paver patio, boulder accents in yard, river rock propane fireplace, solid pine doors and trims, blue pine accent wall, tile floors, tile shower and tub surround. 2 bedrooms with en suite bathrooms. Primary bedroom
Michele Baird Ruby Peak Realty, Inc.
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 157984943
APN: 01S4435DC 4200
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.
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.