124 NW 4th Ave. | Ontario
This is an amazing investment opportunity!! 18 fully rented units with a long standing and solid rental history. These units are separated into four structures on a .42 acre corner lot. The neighborhood is quiet and the units all show pride of ownership. The history of this parcel is that it used to be a hotel and then was converted into studio units and or 1 bedroom units. Some of these units have kitchenettes with a stove and some do not. These units are available to be shown to prequalified buyers once an offer has been accepted so as to not disturb the tenants. You may drive by and view the exterior at any time, just do not disturb the tenants. If you're looking to do a 1031 exchange or looking to expand your portfolio with a 5.58% cap rate then do not pass this property by! It's truly amazing and has been very well cared for.
Basic Details
- Interior
- Info not provided
- Appliances
- Stove/Range (some Units), Refrigerator (some Units), Washer/Dryer (no Units)
- Lot
- 10000sf - .49
- Parking
- Info not provided
Location & Mapping
- State
- Oregon
- County
- Malheur
- City
- Ontario
- Zipcode
- 97914-0000
- Subdivision
- Roxey Place
- Street Address
- 124 4th Ave.
- Full Address
- 124 NW 4th Ave., Ontario, Oregon 97914-0000
- Directions
- West on W. Idaho ave, North on N. Oregon St. West on NW 4th
- Coordinates
- 44.03019443,-116.96342164
- Parcel Number
- 18S4703CB4600
- Legal Description
- Exhibit A
Schools & Education
- School District
- Ontario School District 8c
- High School
- Ontario
- Middle School
- Ontario Jr High
- Elementary School
- Ontario
- Heating
- Electric, Natural Gas, Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Available Utilities
- Sewer Connected
- Water/Well System
- City Service
- Green Indoor Air Quality
- Info not provided
Financial & Legal
- Tax Year
- 2024
- Annual Tax Amount
- $3,116.78
- HOA Fee
- $0
- Type of Ownership
- Fee Simple
- Listing Terms
- Cash, Conventional, Owner Will Carry
- Documents Available
- Survey/Plat, Property Disclosure, Lengthy Legal Description
Construction & Materials
- Construction Materials
- Frame
- Year Built
- 1946
- Roof
- Composition
Listing Info
- Listing Date
- Jul 20, 2025
- Days on Market
- 285
- Last Sync
- Apr 8, 2026 12:25 AM
- Courtesy of
- True North Real Estate Group, LLC
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