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703 18th St, 
Lagrande, OR 97850

$790,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Jim Reiter

Columbia Equity Advisors

503-913-1943

Last updated:

July 29, 2026, 11:39 AM

MLS#

785385602

Source:

PORTLAND

About This Home

703 18th St

Rocks Trailer Court is an established all-ages 17-space mobile home park located in La Grande, Oregon. Offered at $800,000 with an impressive 9% cap rate, this 1-acre property features a flexible general commercial zoning, paved roads and city utilities…no risk of septic failure! All utilities are efficiently billed back to the tenants. An exceptional value-add opportunity awaits by filling current vacancies (due to recent clean up), moving existing below-market rents towards current market rent and adding storage units in the park’s open area. Furthermore, Rocks Trailer Court qualifies for Oregon’s maximum 9.5% rent increase - significantly outperforming the 6% cap imposed on larger parks.

Home Facts

Multi-Family

Built in 1950

Price Summary

790,000

MLS #:

785385602

Last Updated:

July 29, 2026, 11:39 AM

Added:

a month ago

Structure

Structure

Year Built:

1950

Lot

Lot Size (Sq. Ft):

43,560

Finances & Disclosures

Finances

Price:

$790,000

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Cascade Real Estate are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: July 29, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.