MLS# 24126292 – 306 Nw 1st St, Enterprise, OR 97828 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Real Estate Associates.

Property Description

Description

2 Beds

2 Baths

1,180 Sqft

8,276 Sqft lot

0.19 Acre lot

Status: Active

Property Type: Singlefamilyresidence

Year Built: 2008

Days on Website: 175

• LOCATION: Zoned for short-term rentals and close to downtown Enterprise—appealing to both tourists and business travelers.• PROPERTY SETUP: Two separate units—one 1-bedroom, 1-bath and one studio with a bath. Versatile for renting one unit and living in the other, or renting both.• INCOME POTENTIAL: Good rental history, which suggests a reliable stream of income. The current cap rate of over 8% is a solid return on investment.• EXTRAS: Two-car garage, additional shed for storage, and space to park a boat and RV—offering convenience and added appeal for renters.• GROWTH POTENTIAL: The potential for increasing revenue is noted, through pricing, strategy, or upgrades.

Property Details and Features

Property Access

Road Surface Type:

Paved

Appliances & Equipment

Appliances:

Dishwasher,FreeStandingRange,FreeStandingRefrigerator,Granite,Microwave,StainlessSteelAppliance

Basement

Basement:

CrawlSpace

Bathrooms

2 total baths

2 full bathrooms

2 total main level baths

2 main level full baths

Bedrooms

2 total bedrooms

Building

Architectural Style:

Cabin,Log

Building Area Calculated:

1180

Building Area Description:

ASSESSOR

Building Area Total:

1180

Built in 2008

Main Level Area Total:

1180

RV Description:

RVParking

Stories:

Cooling

Cooling Equipped

Cooling:

MiniSplit

Disclosures

Disclosures:

Disclosure

Accessibility Features

Accessibility Features:

GarageonMain,MainFloorBedroomBath

Handicap Accessible

Exterior Features

Exterior Description:

Log,Other

Exterior Features:

Deck,Fenced,GuestQuarters,Porch,RVParking,SecondGarage,ToolShed,Yard

Fireplaces

Fireplace Features:

Propane,Stove

Foundation

Foundation Details:

ConcretePerimeter

Garage

Attached Garage

Garage Spaces:

Garage Type:

Attached,Detached

Heating

Heating Available

Heating:

Ductless,MiniSplit,Zoned

Interior Features

Features:

CeilingFan,Furnished,LaminateFlooring

Listing

Contract Status Change Date:

2024-08-21

Days On Market:

174

Last Transaction Date:

2025-01-29 10:06:55

List Price:

$499,000

Listing Contract Date:

2024-08-21

Listing Id:

24126292

Mls Status:

Active

Modification Timestamp:

2025-01-29 10:06:55

On Market Date:

2024-08-21

Previous List Price:

$525,000

Standard Status:

Active

Location

MLS Area Major:

_470

County Or Parish:

Wallowa

Lot

Features:

CornerLot,Level,PublicRoad

Size Acres:

0.19

Size Range:

SqFt7000to9999

Size Square Feet:

8,276

Size:

7,000 to 9,999 SqFt

Parking

Features:

Driveway,RVAccessParking

1 total parking spot

Property

Property Condition:

Resale

Property Sub Type:

SingleFamilyResidence

Property View

Zoning:

C-1

Roof

Roof:

Composition

Schools

High School:

Enterprise

Middle Or Junior School:

Enterprise

Elementary School:

Enterprise

Security Features

Features:

SecurityLights,Sidewalk

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$2,716

Legal Description

Tax Year:

2023

Utilities

Fuel Description:

Electricity,Propane

Hot Water Description:

Electricity

Internet Service Type:

Cable,Satellite

Water Source:

PublicWater

Windows

Features:

VinylFrames

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$499,000 -

306 Nw 1st St Enterprise , OR 97828

MLS Area Major: _470

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on February 12, 2025 6:44AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.