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461 SE 5th St, 
Ontario, OR 97914

$549,000


Bed


Bath


-

Sq Ft


0.48

Acres (Lot)


Land

Pending

Listed by

Richard Beck

Mel Beck Real Estate

541-372-3532

Last updated:

April 30, 2025, 01:35 AM

MLS#

98943791

Source:

ID IMLS

About This Land

461 SE 5th St

Nearly half a city block ideal for high density single family detached dwellings (subject to city approval) in a great section of town, already with RM zoning in place. Depending on the footprint of the development multi duplexes could work beautifully and be subject to the less stringent residential rather than commercial code. Currently there are 7 very well maintained residential units on-site, generating $5450 monthly income, leading the prudent investor to scoop up this cash cow now, profit from the current income until ready to develop and add to this ever-improving section of Ontario.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.48

MLS #:

98943791

Last Updated:

April 30, 2025, 01:35 AM

Added:

12 day(s) ago


Finances & Disclosures

Finances

Price:

$549,000

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.