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Hermiston, OR Residential Income Properties for Sale

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Stanfield, OR Umatilla, OR Plymouth, WA Echo, OR Irrigon, OR Kennewick, WA Boardman, OR Prosser, WA
CommercialSale, Hermiston, OR
Updated: Apr 16
CommercialSale, Hermiston, OR

120 W THEATER Ln, Hermiston, OR 97838

$600,000
77,101 sqft 1.87 AC lot
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Duplex With Detached Dwelling
Updated: May 30
Duplex With Detached Dwelling

153 W Beech Ave, Hermiston, OR 97838

Contact for pricing
1,456 sqft
Duplex with two 2‑bedroom, 1‑bathroom units
Detached 3‑bedroom, 1‑bathroom dwelling
Three residential dwellings on one commercial lot
C2 zoning
Built in 1950
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Mobile Home and RV Park
Mobile Home and RV Park

82284 Hat Rock Rd, Hermiston, OR 97838

Contact for pricing
17.49 AC lot

Year-round commercial recreation property with mixed residential, RV, and camping accommodations plus on-site amenities.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 3 Active listings in Hermiston, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Fenced Yards
Duplex with Fenced Yards

140 SE EIGHTH Ct, Irrigon, OR 97844

$499,900
2,248 sqft 0.20 AC lot

Two matching layouts provide private outdoor areas, patios, and garages with 220-volt wiring.

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Duplex with Attached Garages
Duplex with Attached Garages

229 Merrick Ave, Umatilla, OR 97882

$550,000
2,648 sqft

Two three-bedroom residences support separate rental operations or an owner-occupied arrangement with income from the second unit.

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10-Unit Multifamily Investment
10-Unit Multifamily Investment

1431 6th St, Umatilla, OR 97882

$825,000
0.42 AC lot

Ten-unit apartment building on a 0.42-acre lot with recent electrical, roofing, and window upgrades.

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Modern Duplex with Fenced Grounds
Modern Duplex with Fenced Grounds

140 Southeast 8th Street, Irrigon, OR 97844

$499,900
2,248 sqft

Two matching residences provide open living areas, contemporary finishes, patios, and direct access to private garages.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Irrigated Land Ready For Home
Irrigated Land Ready For Home

Cooney Ln (Parcel 2), Hermiston, OR 97838

$220,000
4.00 AC lot

4 Irrigated acres ready for a new home.

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Hermiston Land in Gettman Hill
Hermiston Land in Gettman Hill

TL 9000 W Condon Ave, Hermiston, OR 97838

$140,000
0.49 AC lot

Oversized 0.49 acre building lot in premier subdivision.

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Oversized Lot in Gettman Hill
Oversized Lot in Gettman Hill

TL 9011 W Condon Ave, Hermiston, OR 97838

$140,000
0.31 AC lot

0.31 acre lot in Hermiston's premier subdivision.

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Hermiston Oversized Building Lot
Hermiston Oversized Building Lot

TL 9003 SW 3rd Pl, Hermiston, OR 97838

$140,000
0.51 AC lot

0.51 acre lot in premier Hermiston subdivision.

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Off-Market Properties in Hermiston, OR

Consider similar Off-Market properties in Hermiston, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1590 Highland Ave
MOBILE HOME PARK, TRAILER PARK

1590 Highland Ave, Hermiston, OR 97838-9502

$4,000,000
Estimated value
4.32 AC lot
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276 Newport Ave
MOBILE HOME PARK, TRAILER PARK

276 Newport Ave, Hermiston, OR 97838-2473

$825,000
Estimated value
0.90 AC lot
View details
610 Newport Ave
MOBILE HOME PARK, TRAILER PARK

610 Newport Ave, Hermiston, OR 97838-2585

$515,000
Estimated value
924 sqft 0.82 AC lot
View details
845 Diagonal Blvd
MOBILE HOME PARK, TRAILER PARK

845 Diagonal Blvd, Hermiston, OR 97838-2058

$1,215,000
Estimated value
13.48 AC lot
View details
1210 4th St
MOBILE HOME PARK, TRAILER PARK

1210 4th St, Hermiston, OR 97838-1308

$245,000
Estimated value
840 sqft 1.28 AC lot
View details
1210 11th St
MOBILE HOME PARK, TRAILER PARK

1210 11th St, Hermiston, OR 97838-8439

$300,000
Estimated value
784 sqft 5.00 AC lot
View details
1030 11th St
MOBILE HOME PARK, TRAILER PARK

1030 11th St, Hermiston, OR 97838-9460

$275,000
Estimated value
19.50 AC lot
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1215 11th St
MOBILE HOME PARK, TRAILER PARK

1215 11th St, Hermiston, OR 97838-9461

$320,000
Estimated value
1,122 sqft 16.78 AC lot
View details
29495 Knight Rd
Multifamily properties

29495 Knight Rd, Hermiston, OR 97838

Value Estimation by Request
4,374 sqft 4.45 AC lot
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30800 Joy Ln
MOBILE HOME PARK, TRAILER PARK

30800 Joy Ln, Hermiston, OR 97838

$260,000
Estimated value
4,902 sqft 2.18 AC lot
View details
845 Diagonal Blvd
MOBILE HOME PARK, TRAILER PARK

845 Diagonal Blvd, Hermiston, OR 97838-2058

$325,000
Estimated value
9.81 AC lot
View details
107 11th St
MOBILE HOME PARK, TRAILER PARK

107 11th St, Hermiston, OR 97838-1443

$230,000
Estimated value
1,488 sqft 0.47 AC lot
View details
105 11th St
MOBILE HOME PARK, TRAILER PARK

105 11th St, Hermiston, OR 97838-1406

$270,000
Estimated value
4,308 sqft 0.24 AC lot
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1800 10th St, Unit 1
MOBILE HOME PARK, TRAILER PARK

1800 10th St, Hermiston, OR 97838-9449

Unit 1
$160,000
Estimated value
101 sqft 25.22 AC lot
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1500 10th St
MOBILE HOME PARK, TRAILER PARK

1500 10th St, Hermiston, OR 97838-9458

$310,000
Estimated value
10.60 AC lot
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Hermiston, OR 97838
MOBILE HOME PARK, TRAILER PARK

Hermiston, OR 97838

$245,000
Estimated value
2.00 AC lot
View details
Hermiston, OR 97838
MOBILE HOME PARK, TRAILER PARK

Hermiston, OR 97838

$250,000
Estimated value
2.02 AC lot
View details
Hermiston, OR 97838
MOBILE HOME PARK, TRAILER PARK

Hermiston, OR 97838

$275,000
Estimated value
5.10 AC lot
View details

Hermiston, OR Residential Income Properties Market Trends and Statistics

Explore 21 residential income properties for sale in Hermiston, OR, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 78,557 square feet of properties for sale, with an estimated market value of $600,000.

Sale prices for residential income properties in Hermiston, OR average $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Duplexes 1
Mobile home & RV parks 1

Demographics Overview

Population 28K
Population Growth (5Y) +7.4%
Median Household Income $76,032
College Educated 21.9%

High-Yield Neighborhoods for Investment

Identify Hermiston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
97838 $600K

Taxes & Financing

Tax Rate (average for all types) 1.86%
Property Tax per SF $28.78 per SF
Tax Rate vs County Average 0.13 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Umatilla County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Hermiston fall within the 10,000 to 25,000 square foot range.

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