$2,268,000
SOLD MAY 8, 2026

804 E Oregon Ave Hermiston, OR 97838

3 Beds
3 Baths
-- Sq Ft
2022 Built

Sale Details

Date Sold: May 8, 2026

51% Below List Price

196 on Market

Highlights

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

About This Home

As of May 2026

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!

Last Agent to Sell the Property

Brent Barker PC

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

Coldwell Banker Bain

Last Buyer's 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

  • Rent includes ground maintenance
  • Assessor Parcel Number 166286

Community Details

Overview

  • Property has a Home Owners Association
  • 7 Units
  • 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 Sq Ft Lot

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2022
  • Property Attached Yn: No
  • Current Price For Status: 2268000.0
  • 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: 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 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2025
Closed on
May 4, 2026
Sold by
Cim-Terrace Capital Llc
Bought by
Rzr 1400 W 14Th Llc
Seller's Agent
Brent Barker PC
Coldwell Banker Bain
Buyer's Agent
Brent Barker PC
Coldwell Banker Bain
List Price
$4,669,000
Sold Price
$2,268,000
Premium/Discount to List
-$2,401,000
-51.42%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.83%
Original Mortgage
$1,701,000
Outstanding Balance
$1,701,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$57,985
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $2,268,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,701,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2026 05/08/26 Sold $2,268,000 -2.8% --
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)

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
2025 $1,951 $93,950 $11,610 $82,340
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

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 714029558

Regional Multiple Listing Service (RMLS)

APN: 166286

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