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Multifamily Building with 18 Units

124 NW 4th Ave. Ontario, OR 97914

124 NW 4th Ave., Ontario, OR, 97914
$1,200,000
For Sale
$1,200,000

Multifamily property with 18 fully rented units across four structures on a corner lot.

Property Size4,660 SF
Lot Size0.42 Acres
Price / SF$257.51
Days on Market367

Property Features for 124 NW 4th Ave.

General Information

Standard status
Active
Size
4,660 SF
Lot size
0.42 Acres
Property subtype
Income

Building Details

Year Built
1946
Listing agency HOMES INTERNATIONAL OREGON
Listed by Jaime Huerta
Source Homesofidaho
Added: Jul 21, 2025 Updated: Jul 22 at 1:08PM Checked: Jul 22 at 1:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOMES INTERNATIONAL OREGON


Investment Insights

Based on property information with market context.

This multifamily property features 18 fully rented units distributed across four separate structures on a corner lot. The property was previously used as a hotel and later converted into studio units and 1-bedroom units. Unit amenities vary, with some units including kitchenettes with a stove while others do not.

The property is located at 124 NW 4th Ave., Ontario, OR. The seller notes that the units demonstrate pride of ownership and that buyers can view the exterior by drive-by at any time, with showings arranged for prequalified buyers after an offer has been accepted so tenants are not disturbed.

Seller financing is mentioned as an option for qualified buyers.

Key Highlights

  • 18 fully rented units across four separate structures on a 0.42‑acre corner lot
  • Buildings total 4,660 sq ft with city water service
  • Year built: 1946

Property Analytics

Location Intelligence

Current Use by Public Records

Caliendo Enterprises Production Facility Townhomes Apartment Building

Suggested Use

Real Estate Agency HVAC Service Skin Care Clinic Plumbing Service Electrical Service Spa & Massage Center (Bike/Boat/Book/etc) Store Veterinary Clinic Kitchen & Bath Showroom Locksmith

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

FAQs

What type of property is this?
Apartment building - Multifamily property with 18 fully rented units across four structures on a corner lot.
Where is this apartment building located?
The property is located at 124 NW 4th Ave. Ontario, OR.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 18 fully rented units across four separate structures on a 0.42‑acre corner lot; Buildings total 4,660 sq ft with city water service; Year built: 1946
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