$2,334,500
PENDING $2M PRICE DROP

804 E Oregon Ave Hermiston, OR 97838

Estimated payment $12,390/month

Total Views 2,193
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Territorial View
  • Landscaped with Trees
  • High Speed Internet
  • 1 Car Attached Garage
  • Central Air
  • Level Lot

About This Home

Seven (7) individually deeded TURN-KEY INVESTMENT PROPERTIES in a growing economy with professional property management and tenants in place. Each beautiful 3 bedroom & 2.5 bath townhome has a one car garage. Open kitchen with stainless steel appliances. Laminate floors throughout kitchen, dining and living area. May be purchased individually as investment property. Excellent 1031 Exchange opportunity!

Listing Agent

Brent Barker PC

Coldwell Banker Bain License #201232075 Listed on: 05/19/2025

Coldwell Banker Bain

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 2022

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • 1 Car Attached Garage

Property Views

  • Territorial
  • Valley

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Schools

  • Sunset Elementary School
  • Sandstone Middle School
  • Hermiston High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 166286

Community Details

Overview

  • Property has a Home Owners Association
  • 7 Units
  • Cimmaron Terrace Homeowners Association, Phone Number (541) 567-0990
  • Cimmaron Terrace Subdivision

Amenities

  • Common Area

Building Details

  • Operating Expense $63,474
  • Gross Income $192,690
  • Net Operating Income $129,215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,907

Year Built

Built in 2022

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2022
  • Property Attached Yn: No
  • Current Price For Status: 2334500.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Garage
  • Total Bedrooms: 3
  • Association Contact: Patty Looman
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: ConcretePerimeter, Slab
  • View: Yes
  • Lot Features: Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial,Valley

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • AssociationParkingSpaceOwnedYN: Yes

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity,Gas
  • Internet Service Type: Cable
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons
  • Association Name: Cimmaron Terrace Homeowners Association
  • Phone: 541-567-0990
  • Association: Yes
  • Association Email: pattylooman@gmail.com

Association/Amenities

  • AssociationAddress: PO Box 1379, Hermiston, OR 97838
  • AssociationPendingLitigationYN: Unknown
  • AssociationStatus: Active

Schools

  • Elementary School: Sunset
  • High School: Hermiston
  • Middle Or Junior School: Sandstone

Lot Info

  • Zoning: R3
  • Parcel #: 166286

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 1906.52
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 12.12
  • Annual Gross Income: 192690.0
  • Property Net Operating Income: 129215.0
  • Annual Operating Expense: 63474.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Sold 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 $1,907 $91,220 $11,280 $79,940
2023 $1,908 $88,570 $10,960 $77,610
2022 $144 $7,350 $0 $0
2021 $149 $7,140 $7,140 $0
2020 $118 $6,190 $6,190 $0
2018 $149 $6,740 $6,740 $0
2017 $146 $6,550 $6,550 $0
2016 $6 $290 $290 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Pending -- -- --
11/07/2025 11/07/25 Price Changed $2,334,500 -50.0% --
05/19/2025 05/19/25 For Sale $4,669,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 714029558

Regional Multiple Listing Service (RMLS)

APN: 166286