$779,000
$100K PRICE DROP

411 NW 1st St Ontario, OR 97914

Estimated payment $4,429/month

Total Views 3,178
14 Beds
7 Baths
3,984 Sq Ft
$196 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Partially Fenced Property
  • 3-minute walk to Laxson Park
  • 2 Car Garage
  • Heating System Uses Natural Gas

About This Home

Great investment on a single city lot of .34 Acre. 7 total units. Single-family home, Duplex, and 4Plex. Current cap rate 7.48% with projected CAP 10.77% Do not disturb tenants. No sign on the property.

Listing Agent

Britney Mills

Urban Real Estate Brokers, LLC Brokerage Phone: 541-373-2333 Listed on: 06/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,341

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 125x120
  • Partially Fenced Property
  • Aluminum or Metal Fence

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 3,984 Sq Ft Home
  • Laminate Flooring
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number MAP# 18S4703CB TAX LOT 1800

Community Details

Overview

  • Property has a Home Owners Association
  • 7 Units

Building Details

  • Operating Expense $18,385
  • Net Operating Income $58,283

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,341

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Year Built: 1957
  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Lot Size: 125x120
  • CapRate: 7.48
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • Carport Y N: No
  • Garage Yn: Yes
  • Attribution Contact: 541-373-2333
  • Special Features: None

Interior Features

  • Heating: Electric, Natural Gas
  • Appliances: Disposal (No Units), Stove/Range (All Units), Refrigerator (Some Units)
  • Total Bedrooms: 14
  • Flooring: Laminate, Vinyl Sheet
  • Living Area: 3984

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Metal
  • Construction Type: Brick, Frame, HardiPlank Type
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 2

Utilities

  • Cooling: Wall/Window Unit(s), All Units
  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter
  • Water Source: City Service
  • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter
  • Laundry Features: Washer/Dryer Hookups (Some Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Cable Connected

Condo/Co-op/Association

  • Association: Yes

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: 10000SF - .49
  • Parcel Number: MAP# 18S4703CB TAX LOT 1800
  • Current Use: 5+ Units
  • Lot Size Sq Ft: 14810.4
  • Zoning Description: O-RM

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3341.37

Multi Family

  • Number Of Units Total: 7
  • Property Net Operating Income: 58283
  • Annual Operating Expense: 18385
  • Total Actual Rent: 6389
  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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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 $3,341 $212,053 $48,688 $163,365
2023 $3,255 $205,877 $48,919 $156,958
2022 $3,171 $199,881 $55,228 $144,653
2021 $3,092 $194,060 $57,764 $136,296
2020 $3,011 $188,408 $55,720 $132,688
2019 $2,934 $182,921 $44,965 $137,956
2018 $2,694 $177,594 $44,962 $132,632
2017 $2,615 $172,422 $41,489 $130,933
2016 $2,537 $167,400 $40,280 $127,120
2015 $2,546 $167,400 $40,280 $127,120
2014 $2,428 $159,090 $40,280 $118,810
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $779,000 -2.5% $196 / Sq Ft
07/24/2025 07/24/25 Price Changed $799,000 -9.1% $201 / Sq Ft
06/16/2025 06/16/25 For Sale $879,000 -- $221 / Sq Ft
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Malheur County Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,500 Construction
Source: Public Records

Source: Intermountain MLS

MLS Number: 98951240

Intermountain MLS

APN: 18S4703CB 1800

Oregon Malheur County Ontario 97914

411 NW 1st St, Ontario, OR

This home is located at 411 NW 1st St, Ontario, OR 97914 and is currently priced at $779,000, approximately $195 per square foot. This property was built in 1957. 411 NW 1st St is a home located in Malheur County with nearby schools including Ontario High School, Four Rivers Community School, and St. Peter Catholic School.

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.

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.

Nearby Homes
Britney Mills
Listing Agent
Britney Mills
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Urban Real Estate Brokers, LLC
(458) 312-0385