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    1488 N Elizabeth St Milton Freewater, OR 97862

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    For Sale
    $389,000

    Two houses on one lot, live in one, rent the other.

    Source: Kw

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Houses on One Lot

    Located at 1488 N Elizabeth Street, this property includes two houses on a single lot. The zoning is R3, which allows for multi-family units and duplexes. The location provides convenient access to the highway. The first house is move-in ready and features 3 bedrooms and 2 bathrooms. The second house requires renovation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milton Freewater
    County
    Umatilla
    State
    Oregon
    Longitude
    -118.3882426
    Latitude
    45.9509409

    Nearby Similar for Sale

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      Mobile Home in 55+ Community

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    FAQs

    What type of property is this?
    Single family property - Two houses on one lot, live in one, rent the other.
    Where is this single family property located?
    The property is located at 1488 N Elizabeth St Milton Freewater, OR.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: - Two houses on one lot.; - Zoned R3 for multi-family units, duplexes, or investment projects.; - Prime location with quick highway access.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1488 N Elizabeth St Milton Freewater, OR 97862
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