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124 NW 4th Ave., 
Ontario, OR 97914

$1,250,000


Bed


Bath


4,660

Sq Ft


Multi-Family

Active

Listed by

Kellie Robinson

True North Real Estate Group, LLC.

208-739-6876

Last updated:

August 3, 2025, 09:04 PM

MLS#

98955382

Source:

ID IMLS

About This Home

124 NW 4th Ave.

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.

Home Facts

Multi-Family

Built in 1946

Price Summary

1,250,000

$268 per Sq. Ft.

MLS #:

98955382

Last Updated:

August 3, 2025, 09:04 PM

Added:

13 day(s) ago


Rooms & Interior

Interior

Living Area:

4,660 Sq. Ft.


Structure

Structure

Building Area:

4,660 Sq. Ft.

Year Built:

1946


Lot

Lot Size (Sq. Ft):

18,295


Finances & Disclosures

Finances

Price:

$1,250,000

Price per Sq. Ft:

$268 per Sq. Ft.

Source:ID IMLS
Property information provided by the RAFGC MLS – a service of the REALTOR® Association of Franklin & Gulf Counties.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.