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  • Price cut: $100K (3/22)
    $449,000

    306 NW 1st St, Enterprise, OR 97828

    1beds
    1,180sqft
    : 
    Residential, Single Family Residence
    Built in 2008
    8,276.4 Square Feet Lot
    $-- Zestimate®
    $381/sqft
    $-- HOA

    What's special

    Charming Investment Property Zoned for Short-Term Rentals in Downtown EnterpriseLocation: Nestled just minutes from downtown Enterprise, this property is ideally zoned for short-term rentals, making it a prime opportunity for both tourists and business travelers. Whether you're looking for a vacation rental investment or a property with steady income potential, this location offers exceptional appeal.**Property Setup:** This versatile property features two separate units:- **1-bedroom, 1-bath** unit- **studio with a bath** Perfect for renting one unit and living in the other, or renting both units for maximum income potential. The flexible layout offers endless opportunities.**Income Potential:** With a proven rental history and current cap rate of over 8%, this property offers a reliable and solid return on investment. It's a great choice for those looking to add a profitable short-term rental to their portfolio or enter the rental business.**Extras:** - **Two-car garage** for added convenience - **Additional shed** for extra storage - Ample space for **boat and RV parking**, appealing to renters with recreational vehicles. These features not only enhance the property's usability but also add significant value for renters, increasing overall appeal.**Growth Potential:** The property has notable **growth potential**, with opportunities to increase revenue through strategic pricing or upgrades. The increasing demand for short-term rentals in this area makes it an ideal choice for capitalizing on future trends.**Don't miss out on this exceptional investment opportunity**—contact us today to schedule a showing!
    35 days
    on Zillow
    |
    362
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 22, 2025 at 05:18am

    Listed by:

    Robin Despain 541-432-4060,

    Real Estate Associates

    Source: RMLS (OR),MLS#: 157984943MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 306 NW 1st St.

    Next available tour time:Today at 3:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Rooms
    • Room types: Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Main
    Family room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Ductless, Mini Split, Zoned
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Electric Water Heater
    Features
    • Ceiling Fan(s), Granite
    • Flooring: Laminate
    • Windows: Vinyl Frames
    • Basement: Crawl Space
    • Fireplace features: Propane, Stove
    • Furnished: Yes
    Interior area
    • Total structure area: 1,180
    • Total interior livable area: 1,180 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, RV Access/Parking, Attached, Detached
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Garage On Main, Main Floor Bedroom Bath, Accessibility
    Features
    • Stories: 1
    • Patio & porch: Deck, Porch
    • Exterior features: Yard
    • Fencing: Fenced
    • Has view: Yes
    • View description: City, Mountain(s), Trees/Woods
    Lot
    • Size: 8,276.4 Square Feet
    • Features: Corner Lot, Level, SqFt 7000 to 9999
    Details
    • Additional structures: GuestQuarters, RVParking, SecondGarage, Furnished
    • Parcel number: 681
    • Zoning: C-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin,Log
    • Property subtype: Residential, Single Family Residence
    Materials
    • Log, Other
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Gas: Propane
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Satellite Internet Service

    Community & HOA

    Community
    • Security: Security Lights, Sidewalk
    HOA
    • Has HOA: No
    Location
    • Region: Enterprise

    Financial & listing details

    • Price per square foot: $381/sqft
    • Tax assessed value: $437,070
    • Annual tax amount: $2,794
    • Date on market: 3/22/2025
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Paved
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