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Quadplex with On-Site Laundry
For Sale
$499,000

173 N 15th Ave, Elgin, OR 97827

Four residential units include individual kitchens, outdoor areas, and access to shared laundry facilities.

Property Size3,456 SF
Price / SF$144.39
Days on Market53

Property Features for 173 N 15th Ave

General Information

Standard status Active
Size 3,456 SF
Property subtype Multi-Family

Units

Unit Mix 3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Amenities

range/oven
refrigerator
dishwasher
garbage disposal
on-site laundry room
Trex deck
patio
small yard

Building Details

Year Built 1979
Listing Agency: Valley Realty
Listed By: Roger Hutson · License #201214445
Source: Rosecityrealtygroup
Added: Jul 10 Changed: Aug 30 Last Checked: Aug 30 at 7:13PM

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 Valley Realty

Investment Insights

Based on property information with market context.

This 3,456-square-foot quadplex in Elgin contains four residential units: three with two bedrooms and one bathroom, plus one with one bedroom and one bathroom. Each unit includes a range/oven, refrigerator, dishwasher, and garbage disposal. A shared laundry room provides two washers and two dryers for resident use.

The property was built in 1979 and includes a newer roof, double-pane vinyl windows, Hardy siding, and exterior paint. Upper-level apartments open to Trex decks through dining-room sliding doors, while the lower-level units have patios and small yards. The landscaped property is near schools and shopping at 173 N 15th Ave.

Key Highlights

  • 3,456‑square‑foot quadplex built in 1979
  • Unit mix includes three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Each apartment includes a range/oven, refrigerator, dishwasher, and garbage disposal

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Dental Office Auto Parts Store Big Box & Wholesale Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 97827, OR

2,713
Population
1,182
Households
2.3
Avg Household Size
47
Median Age
12%
College-Educated
93%
High-School Grad
207.1 sq mi
ZIP Area
13
Density / Sq Mi
$58,750
Median Household Income
$34,321
Median Earnings
$939
Median Rent
$233,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Four residential units include individual kitchens, outdoor areas, and access to shared laundry facilities.
Where is this quadplex located?
The property is located at 173 N 15th Ave Elgin, OR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3,456‑square‑foot quadplex built in 1979; Unit mix includes three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Each apartment includes a range/oven, refrigerator, dishwasher, and garbage disposal
More about this property
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