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  • $1,250,000

    124 NW 4th Ave, Ontario, OR 97914

    --beds
    --baths
    4,660sqft
    : 
    Apartment, Multi Family
    Built in 1946
    -- sqft lot
    $-- Zestimate®
    $268/sqft
    $-- HOA

    What's special

    Studio unitsKitchenettes with a stoveCorner lot
    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.
    244 days
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    132
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    1
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    Zillow last checked: 7 hours ago

    Listing updated: February 16, 2026 at 12:27pm

    Listed by:

    Kellie Robinson 208-739-6876,

    True North Real Estate Group, LLC

    Source: IMLS,MLS#: 98955382MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Heating
      • Electric, Natural Gas, Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Stove/Range (Some Units), Refrigerator (Some Units), Washer/Dryer (No Units)
      Features
      • Flooring: Vinyl Sheet
      • Has basement: No
      Interior area
      • Total structure area: 4,660
      • Total interior livable area: 4,660 sqft

      Property

      Parking
      • Total spaces: 18
      Lot
      • Size: 0.42 Acres
      • Features: 10000SF - .49
      Details
      • Parcel number: 18S4703CB4600

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment, Multi Family
      Materials
      • Frame
      • Roof: Composition
      Condition
      • Year built: 1946

      Utilities & green energy

      • Gas: Unit 8 Separate Meter
      • Water: Public
      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Subdivision: Wilsons Supplem
      Location
      • Region: Ontario

      Financial & listing details

      • Price per square foot: $268/sqft
      • Annual tax amount: $3,116
      • Date on market: 7/22/2025
      • Listing terms: Cash,Conventional,Owner Will Carry
      • Ownership: Fee Simple
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,280/mo

        Price history

        Price history

        Price history is unavailable.

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $7,290/mo
        Principal & interest
        $6446
        Property taxes
        $844
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          Climate risks

          Neighborhood: 97914

          Getting around

          79 / 100
          Very Walkable
          54 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Ontario
          • Middle: Ontario Jr High
          • High: Ontario
          • District: Ontario School District 8C

          Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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