2 months on rocket

305 NW 8th Ave, Ontario, OR, 97914

$2,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
13,420 SqFt
$156/SqFt
Condo

Location

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305 NW 8th Ave, Ontario$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1970
HeatingBaseboard
CoolingWall/Window Unit(s)
MLS #98921892
StatusActive

About 305 NW 8th Ave

This is a real value-add property with rents on most units that can be raised. Property was renovated in 2022 through 2023. Unit mix consists of 18 units with one bath per unit: 2 Studio units; 4 one bed units; 12 two bed units. New landscaping was added in 2022 with automatic irrigation and sprinklers. A new roof membrane was installed by Lassiter roofing in 2022. The exterior was painted in 2022. 90% of the windows were replaced in 2022. Laundry room was updated and includes two washers and two dryers. A fence was added on the west and North side of the property in 2022. Lots of room to keep raising rents over the next couple of years as Ontario is very tight in the housing market and there are very few rentals available in the area. The property is managed by Century 21. Listing broker is related to the seller.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Living Area: 13,420 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Boise
  • Office Phone: (208) 672-9000
  • Listing Agent: Jared Stasch

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: S on North Oregon ST., West about two blocks on NW 8th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $156/SqFt
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Housing Market Comparison

See how this home compares to others in Ontario, OR.

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Ontario, OR

City

Med. List Price

$329.5K

Med. Price/SqFt

$210

Avg. Days On Market

119

# of Sold Homes

2

305 NW 8th Ave vs Ontario

86 DAYS ON ROCKET

-33 Days

$2,100,000

+$1.7M More

$156/SqFt

-$54 Less

KEY TAKEAWAY

This property is $1.7M more than the Median List Price and $54/SqFt less than other homes in Ontario, OR.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IMLS 2
  • MLS Number: #98921892

Listing Office:

  • Office Name: Keller Williams Realty Boise
  • Office Phone: (208) 672-9000
  • Listing Agent: Jared Stasch

IDXListings with this icon are © 2024 of InterMountain MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-251519
5
/10

  • May Roberts Elementary School

  • 590 NW 8th St

  • 0.38 miles

  • Public District Grades KG-6

school-card-donut-251520
5
/10

  • Aiken Elementary School

  • 1297 W Idaho Ave

  • 1.09 miles

  • Public District Grades KG-6

school-card-donut-251521
4
/10

  • Alameda Elementary School

  • 1252 Alameda Dr

  • 1.54 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,063. The majority of Ontario, OR residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 305 NW 8th Ave

What is the listing price of this property?

The listing price of 305 NW 8th Ave property is $2,100,000.

What type of property is this?

The property 305 NW 8th Ave is a condo located in Ontario, Oregon, 97914.

Is this property for sale now?

Active Listing: 305 NW 8th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 305 NW 8th Ave is 13,420 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 305 NW 8th Ave is 1970.

Rocket Homes›Oregon›Malheur County›Ontario›97914›305 NW 8th Ave

This home is located at 305 NW 8th Ave in Ontario, OR and zip code 97914 in the Riverside Addition neighborhood. This 13,420 square foot home was built in 1970. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $2,100,000.

The number of listings in Ontario, OR increased by 29.6% between September 2024 and October 2024. In October 2024, listings were on the market for 119 days. During the same period, the median list price in this real estate market was $329,500.

From Rocket Homes Real Estate and based on county public records data.

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