Two-Unit Residential Income
388 SE 2nd St Ontario, OR 97914
New
388 SE 2nd St, Ontario, OR, 97914
$244,000
For Sale
$244,000
MULTI_FAMILY - Ontario, OR
Property Size616 SF
Lot Size0.14 Acres
Price / SF$396.10
Days on Market2
Property Features for 388 SE 2nd St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 1
- Parking
- 2
- Parking features
- RV
- Appliances
- Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
- Standard status
- Active
- APN
- 6900
- Size
- 616 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 18S47E10BA
- Tax Annual Amount
- 853
Utilities
- Heating system
- Baseboard
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1935
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Insulation, Frame, Wood Siding
- Roof type
- Metal
Listing agency
Global Realty Northwest-Oregon
(541) 889-2040
Listed by
Motsee Lock · License #200408012
(208) 707-4440
Added: Jul 20 Checked: Jul 21 at 8:06AM
MLS# 98994594
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property generates two separate rental incomes from one address, with the house and the shop operating as independent rentals. The house has been updated with new siding, a new kitchen including cabinets and countertops, updated plumbing, new flooring throughout, and fresh paint.
The shop tenant is on a month-to-month agreement, and the current arrangements are being maintained at the property. The information provided regarding current rents and tenancy is available in the listing remarks, and buyer and buyer’s agent are instructed to verify all details.
Set up for straightforward dual-rental management, the property combines a renovated house with a long-term shop tenant under a month-to-month schedule.
The shop tenant is on a month-to-month agreement, and the current arrangements are being maintained at the property. The information provided regarding current rents and tenancy is available in the listing remarks, and buyer and buyer’s agent are instructed to verify all details.
Set up for straightforward dual-rental management, the property combines a renovated house with a long-term shop tenant under a month-to-month schedule.
Key Highlights
- Property has two separate rentals: the house and a shop, each operating as its own unit
- Previous house rent was $1,000/month; shop tenant has been there 20+ years and pays $300/month
- Home updates include new siding, new kitchen with cabinets and countertops, updated plumbing, new flooring throughout, and fresh paint
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - House and shop are currently separate rentals, with recently updated living space and a month-to-month shop agreement.
Where is this single family property located?
The property is located at 388 SE 2nd St Ontario, OR.
What is the asking price?
The asking price for this property is $244,000.
What are key features of this property?
This property features: Property has two separate rentals: the house and a shop, each operating as its own unit; Previous house rent was $1,000/month; shop tenant has been there 20+ years and pays $300/month; Home updates include new siding, new kitchen with cabinets and countertops, updated plumbing, new flooring throughout, and fresh paint
