10-Unit Multifamily
1431 6th St Umatilla, OR 97882
1431 6th St, Umatilla, OR, 97882
$875,000
For Sale
$875,000
Ten-unit apartment building on a 0.42-acre lot with recent electrical, roofing, and window upgrades.
Lot Size0.42 Acres
Days on Market19
Property Features for 1431 6th St
General Information
- Standard status
- Active
- Lot size
- 0.42 Acres
- Property subtype
- Multifamily
Listing agency
Portland Office
(503) 200-2064
Listed by
Nygel D. Drury · License #License(s): OR: 201232300
(503) 200-2064
Source
Marcusmillichap
Added: Jul 3 Updated: Jul 21 at 8:08AM Checked: Jul 21 at 8:08AM
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Investment Insights
Based on property information with market context.
Sixth Street Apartments is a ten-unit multifamily property consisting of one building originally constructed in 1949. The asset has undergone significant modernization under the current owner’s 20-plus years of professional management and maintenance. Notable improvements include updated electrical wiring in 2010, new electrical panels in 2025, a fire-rated 30-year membrane roof installed in 2015 with blown-in fiberglass attic insulation, and heat pumps added to all units in 2014. Additional upgrades completed in 2014 include new insulated front doors and vinyl windows.
The unit mix includes three two-bedroom units, three one-bedroom units, and four studio units, with the property positioned for workforce renter demand. The site provides convenient access and parking. Unit 10 is currently vacant and fully gutted, creating an immediate opportunity for renovation and lease-up.
An additional two-bedroom unit is expected to become available upon request, allowing an incoming investor to renovate up to approximately 20% of the units early in ownership. The property is located in Umatilla, Oregon, within the Umatilla–Hermiston rental corridor.
The unit mix includes three two-bedroom units, three one-bedroom units, and four studio units, with the property positioned for workforce renter demand. The site provides convenient access and parking. Unit 10 is currently vacant and fully gutted, creating an immediate opportunity for renovation and lease-up.
An additional two-bedroom unit is expected to become available upon request, allowing an incoming investor to renovate up to approximately 20% of the units early in ownership. The property is located in Umatilla, Oregon, within the Umatilla–Hermiston rental corridor.
Key Highlights
- 10‑unit multifamily building on a 0.42‑acre tax lot in Umatilla, OR, originally constructed in 1949
- Upgrades include updated electrical wiring (2010) and new electrical panels (2025)
- Roof replacement: fire‑rated 30‑year membrane roof installed in 2015, with blown‑in fiberglass attic insulation
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FAQs
What type of property is this?
Apartment building - Ten-unit apartment building on a 0.42-acre lot with recent electrical, roofing, and window upgrades.
Where is this apartment building located?
The property is located at 1431 6th St Umatilla, OR.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 10‑unit multifamily building on a 0.42‑acre tax lot in Umatilla, OR, originally constructed in 1949; Upgrades include updated electrical wiring (2010) and new electrical panels (2025); Roof replacement: fire‑rated 30‑year membrane roof installed in 2015, with blown‑in fiberglass attic insulation
