306 NW 1st St
Enterprise, OR 97828
- 1 bed
- 2 baths
- 1,180 sqft
- 8,276 sqft lot
- $380 per sqft
- 2008 build
- – on site
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!
Last checked:
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Last updated Mar 22, 2025
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MLS# 157984943 —
The Building
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Year Built:2008
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New Construction:false
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Architectural Style:Cabin, Log
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Roof:Composition
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Stories:1
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Basement:CrawlSpace
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Foundation Details:ConcretePerimeter
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Exterior Description:Log, Other
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Exterior Features:Deck, Fenced, GuestQuarters, Porch, RVParking, SecondGarage, ToolShed, Yard
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Window Features:VinylFrames
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Security Features:SecurityLights, Sidewalk
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Accessibility:true
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Accessibility Features:GarageonMain, MainFloorBedroomBath
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Building Area Description:ASSESSOR
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Building Area Total:1180.0
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Building Area Calculated:1180
Interior
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Interior Features:CeilingFan, Furnished, Granite, LaminateFlooring
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Fireplace Features:Propane,Stove
Room Dimensions
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Main Level Area Total:1180
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Hwy 82 turn on 1st and then turn on Park
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Latitude:45.428028
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Longitude:-117.279241
The Property
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Parcel Number:681
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Lot Features:CornerLot, Level, PublicRoad
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Lot Size Range:SqFt7000to9999
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Lot Size Acres:0.19
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Lot Size SqFt:8276.0
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Zoning:C-1
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View:true
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View Description:City, Mountain, TreesWoods
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Farm:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (541) 398-0300
- Office phone:
- (541) 432-4060
Taxes
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Tax Year:2024
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Tax Legal Description:01S4435DC TL 4200
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Tax Annual Amount:2794.37
Beds
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Bedrooms Total:1
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:2.0
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Full Baths Main Level:2
Heating & Cooling
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Heating:Ductless, MiniSplit, Zoned
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Heating:true
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Cooling:MiniSplit
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:PublicWater
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Fuel Description:Electricity, Propane
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Internet Service Type:Cable,Satellite
Appliances
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Appliances:Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Granite, Microwave, StainlessSteelAppliance
Schools
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Elementary School:Enterprise
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Middle Or Junior School:Enterprise
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High School:Enterprise
The Community
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Senior Community:false
Parking
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Attached Garage:true
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Garage Type:Attached,Detached
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Garage Spaces:1.0
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Parking Total:1.0
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Parking Features:Driveway, RVAccessParking
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RV Parking:RVParking
Monthly cost estimate
Asking price
$449,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,404
|
| Taxes | $232 |
| Insurance | $123 |
| Utilities | $106 See report |
| Total | $2,865/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/22/25
Mar 22, 2025
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Listed / Active | RMLS | $449,000 | 23.4% (8.2% / YR) |
|
9/6/24
Sep 6, 2024
|
Price Changed | RMLS | ||
|
8/21/24
Aug 21, 2024
|
Listed / Active | RMLS |
