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Turn-Key Fourplex Investment
For Sale
$519,000
Pending

160 3rd, Ontario, OR 97914

Four spacious 2-bed, 1-bath units with in-unit washer/dryer and private backyards, currently 100% occupied.

Property Size2,880 SF
Days on Market37

Property Features for 160 3rd

General Information

Standard status Pending
Size 2,880 SF
Property subtype Multi Family Home
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,009

Amenities

Garage: One Car, Carport
Garage Spaces: 1
8
4.00
One Car, Carport
1

Building Details

Year Built 1969
Listing Agency: Keller Williams Realty Boise
Listed By: Lane Nielson · License #45355
Source: Clearwaterproperties
Added: Jul 17 Changed: Aug 21 Last Checked: Aug 21 at 4:47AM

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 Keller Williams Realty Boise

Investment Insights

Based on property information with market context.

This turn-key fourplex offers four spacious 2-bedroom, 1-bath units, with in-unit washer and dryers provided as standard, along with standard appliances. Each unit includes a private backyard area, adding valuable outdoor space. The property is currently 100% occupied.

Public remarks note solid construction, recent exterior updates, and low-maintenance operations intended to support reliable day-to-day management.

According to the public remarks, Oregon allows a rent increase in 2026, which the seller cites as potential value for an incoming owner. The opportunity is presented as an aggressive pricing move by a motivated seller.

Key Highlights

  • Fourplex with 4 spacious 2‑bed, 1‑bath units
  • Currently 100% occupied
  • Each unit includes in‑unit washer and dryer

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Butcher Plumbing Service Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

642
Businesses Nearby

Demographics for 97914, OR

19,534
Population
6,730
Households
2.9
Avg Household Size
38
Median Age
15%
College-Educated
83%
High-School Grad
260.2 sq mi
ZIP Area
75
Density / Sq Mi
$48,442
Median Household Income
$30,000
Median Earnings
$813
Median Rent
$220,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four spacious 2-bed, 1-bath units with in-unit washer/dryer and private backyards, currently 100% occupied.
Where is this quadplex located?
The property is located at 160 3rd Ontario, OR.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Fourplex with 4 spacious 2‑bed, 1‑bath units; Currently 100% occupied; Each unit includes in‑unit washer and dryer
More about this property
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