Renovated 17-Unit Apartment
955 West Hermiston Avenue, Hermiston, OR 97838
For Sale
Contact for pricing
Completed interior upgrades and a U-shaped site with additional land distinguish this Hermiston multifamily property.
Property SizeContact for details
Days on Market48
Property Features for 955 West Hermiston Avenue
General Information
Standard status
Property subtype
Additional Details
Highway Access
Multifamily Units
Currently Operating
Listing Agency:
Paragon Group
Listed By:
Mason Fiascone · License OR #20115181
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 5:42PM
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 Paragon Group
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Investment Insights
Based on property information with market context.
The Avenues is a 17-unit apartment community at 955 West Hermiston Avenue in Hermiston, Oregon. Renovation work, including substantial interior improvements, has been completed. The property occupies a U-shaped site with additional land in its center; prior planning considered adding approximately six to eight units. Any expansion would depend on parking requirements, zoning, entitlements, and final site planning.
Hermiston has access to I-84 and I-82 and employment in data centers, distribution, healthcare, food processing, education, and transportation. AWS is identified as a significant source of recent investment and employment growth in the Hermiston-Umatilla corridor.
Hermiston has access to I-84 and I-82 and employment in data centers, distribution, healthcare, food processing, education, and transportation. AWS is identified as a significant source of recent investment and employment growth in the Hermiston-Umatilla corridor.
Key Highlights
- 17‑unit multifamily community in Hermiston, Oregon
- Renovation program includes substantial interior improvements
- U‑shaped site includes additional land at its center
Property Analytics
Who owns this building?
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Lease Details
17
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
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Business Placement
Demographics for 97838, OR
28,387
Population
10,166
Households
2.8
Avg Household Size
34
Median Age
15%
College-Educated
79%
High-School Grad
202.4 sq mi
ZIP Area
140
Density / Sq Mi
$76,032
Median Household Income
$40,698
Median Earnings
$1,046
Median Rent
$274,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Completed interior upgrades and a U-shaped site with additional land distinguish this Hermiston multifamily property.
Where is this apartment building located?
The property is located at 955 West Hermiston Avenue Hermiston, OR.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 17‑unit multifamily community in Hermiston, Oregon; Renovation program includes substantial interior improvements; U‑shaped site includes additional land at its center
