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305 NW 8th Ave

Ontario, OR 97914

– beds
– baths
13,420 sqft
$156 per sqft
1970 build
– on site

This is a real value-add property with rents on most units that can be raised. Property was renovated in 2022 through 2023. Unit mix consists of 18 units with one bath per unit: 2 Studio units; 4 one bed units; 12 two bed units. New landscaping was added in 2022 with automatic irrigation and sprinklers. A new roof membrane was installed by Lassiter roofing in 2022. The exterior was painted in 2022. 90% of the windows were replaced in 2022. Laundry room was updated and includes two washers and two dryers. A fence was added on the west and North side of the property in 2022. Lots of room to keep raising rents over the next couple of years as Ontario is very tight in the housing market and there are very few rentals available in the area. The property is managed by Century 21. Listing broker is related to the seller.

Listing courtesy of IMLS / Keller Williams Realty Boise

Last checked: Checking… • Last updated Oct 23, 2024 •

MLS# 98921892 —

The Building

Year Built:

1970
Construction Materials:

Concrete
Roof:

Other
Foundation Details:

Crawl Space
# of Units Total:

18
Building Area Total:

13420
Above Grade Finished Area Units:

Square Feet
Below Grade Finished Area Units:

Square Feet

Interior

Flooring:

Laminate
Laundry Features:

Washer/Dryer Hookups (No Units)

Room Dimensions

Living Area:

13420
Living Area Units:

Square Feet

Location

Directions:

S on North Oregon ST., West about two blocks on NW 8th St.
Latitude:

44.035819
Longitude:

-116.964298
Coordinates:

-116.964298, 44.035819

The Property

Parcel Number:

18S4703BB
Property Type:

Residential Income
Property Subtype:

Apartment
Current Use:

5+ Units
Lot Features:

10000SF - .49
Lot Size Dimensions:

210x138
Lot Size Units:

Acres
Fencing:

Wood

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

7539
Tax Legal Description:

Land in G.W. Routh Tracts situated in Lot 1, Sec. 3, Twp. 18 S., R. 47 E., W.M., Tract 1 and the East 1/2 of Tract 2,

Heating & Cooling

Heating:

Baseboard
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Sewer Connected
Water Source:

City Service

Appliances

Appliances:

Disposal (All Units)

Schools

Elementary School:

Ontario
Elementary School District:

Ontario School District 8C
Middle Or Junior School:

Ontario Jr High
Middle Or Junior School District:

Ontario School District 8C
High School:

Ontario
High School District:

Ontario School District 8C

The Community

Subdivision Name:

0 Not Applic.

Parking

Parking Total:

22

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/23/24 Oct 23, 2024	Price Changed	IMLS	$2,100,000	-4.5%
8/26/24 Aug 26, 2024	Listed / Active	IMLS	$2,200,000

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This multifamily located in Ontario, OR 97914 is currently for sale for $2,100,000. 305 NW 8th Ave is a 13,420 square foot multifamily with – beds and – baths that has been on Estately for 118 days.

Listing Courtesy of: IMLS and Keller Williams Realty Boise.

Information provided by IMLS is deemed reliable but not guaranteed. IMLS data is for personal, non-commercial use only and 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. All listings provided by IMLS are marked with the official MLS IDX icon.