Apartment Building

Hermiston, OR Apartment Buildings for Sale

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Stanfield, OR Umatilla, OR Plymouth, WA Irrigon, OR Echo, OR Boardman, OR
Renovated 17-Unit Apartment Building
Updated: Sep 24
Renovated 17-Unit Apartment Building

955 West Hermiston Avenue, Hermiston, OR 97838

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17‑unit multifamily community in Hermiston, Oregon
Renovation program includes substantial interior improvements
U‑shaped site includes additional land at its center
Prior evaluation considered approximately six to eight additional units, subject to parking, zoning, entitlements, and site planning
Hermiston has access to I‑84 and I‑82
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1 active listing matches your search: Apartment Building for sale in Hermiston, OR. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

12-Unit Apartment Building
12-Unit Apartment Building

418 S 13th Street, Sunnyside, WA 98944

$1,300,000
9,784 sqft 0.32 AC lot

The unit mix combines one- and two-bedroom residences with shared coin-operated laundry.

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12-Unit Apartment Building
12-Unit Apartment Building

216 S 6th St, Sunnyside, WA 98944

$960,000
5,824 sqft 0.20 AC lot

Residents have access to coin-operated laundry and a dedicated parking lot.

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24-Unit Mixed-Use Building
24-Unit Mixed-Use Building

307 W Kennewick Ave, Kennewick, WA 99336

$6,250,000
27,691 sqft

Two stories combine residential apartments with three commercial tenancy spaces in downtown Kennewick.

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5-Unit Apartment Building
5-Unit Apartment Building

4110 W Kennewick Ave, Kennewick, WA 99336

$659,999
3,680 sqft 0.31 AC lot

Multifamily property with four two-bedroom apartments, one studio, private patios, and MULTI-FAMILY RE zoning.

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Hermiston, OR Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Hermiston, OR on our real estate platform.

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Demographics Overview

Population 28K
Population Growth (5Y) +7.4%
Median Household Income $76,032
College Educated 21.9%

Taxes & Financing

Tax Rate (average for all types) 1.86%
Property Tax per SF $28.78 per SF
Tax Rate vs County Average 0.13 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Umatilla County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hermiston fall within the 10,000 to 25,000 square foot range.

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