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    Rainier, OR Residential Income Properties for Sale

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    Longview, WA Kelso, WA Kalama, WA
    Unique Rainier Facility with River Views
    $449,000
    4,500 SF

    Unique Rainier Facility with River Views

    407 E 2ND St, Rainier, OR 97048

    Versatile 4,500 SF building on over half an acre.

    • 4,500 sq ft building on over 1/2 acre zoned R2, allowing for single‑family or multi‑family (up to 3 units) conversion.
    • Unique opportunity to convert a custom‑built former house of worship into a residence.
    • Enjoy views of the Columbia River, located just 4 blocks away.
    • Wrapped in wide‑plank, live‑edge cedar siding.
    • Vaulted ceiling in the sanctuary offers potential for a stunning living space.
    Updated: Mar 28
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Rainier, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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.

    Kelso Fourplex: Investment Opportunity
    $720,000
    3,326 SF

    Kelso Fourplex: Investment Opportunity

    Well-maintained Kelso fourplex with strong rental history and cash flow.

    504 N 7TH Ave, Kelso, WA 98626
    View details
    Updated Mixed-Use Warehouse in Kelso
    $369,000
    4,283 SF

    Updated Mixed-Use Warehouse in Kelso

    Mixed-used warehouse

    103 Allen St, Kelso, WA 98626
    View details
    Updated Duplex in New West
    $399,900
    1,488 SF

    Updated Duplex in New West

    Updated duplex featuring two units with detached two-car garage.

    961 17th Avenue, Longview, WA 98632
    View details
    Belfair Condo in West Longview
    $184,900

    Belfair Condo in West Longview

    Spacious 2 bed, 1.5 bath condo with updated features.

    2005 TIBBETTS DR #203, Longview, WA 98632
    View details

    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.

    Rainier Buildable Corner Lot
    Contact for pricing
    0.23 Acres

    Rainier Buildable Corner Lot

    Prime corner lot with Columbia River views in Rainier, Oregon.

    W C St, Rainier, OR 97048
    View details
    Rainier, OR Buildable Lot
    $39,900
    0.17 Acres

    Rainier, OR Buildable Lot

    Buildable lot with utilities at street in Rainier, Oregon.

    1st Street, Rainier, OR 97048
    View details
    Kelso Riverfront Development Opportunity
    $2,400,000
    5.60 Acres

    Kelso Riverfront Development Opportunity

    5.6-acre riverfront development site in Kelso, Washington.

    2000 South River Road, Kelso, WA 98626
    View details
    Longview, WA Wooded Building Lot
    $57,900

    Longview, WA Wooded Building Lot

    Large wooded lot in area of fine homes, utilities available.

    2427 Archwood Dr, Longview, WA 98632
    View details

    Off-Market Properties in Rainier, OR

    Consider similar Off-Market properties in Rainier, 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.

    233 C St
    APARTMENT HOUSE (5+ UNITS)
    4,500 SF Lot: 0.75 Acres
    Value Estimation by Request

    233 C St, Rainier, OR 97048

    View details
    73900 Columbia Riv Hwy, Unit 10
    MOBILE HOME PARK, TRAILER PARK
    Lot: 8.27 Acres
    Value Estimation by Request
    Unit 10

    73900 Columbia Riv Hwy, Rainier, OR 97048-3304

    View details
    76467 Barton Rd, Unit 11
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.00 Acres
    Value Estimation by Request
    Unit 11

    76467 Barton Rd, Rainier, OR 97048-2203

    View details
    74866 Doan Rd, Unit 14
    MOBILE HOME PARK, TRAILER PARK
    Lot: 80.71 Acres
    Value Estimation by Request
    Unit 14

    74866 Doan Rd, Rainier, OR 97048-3015

    View details
    70360 Columbia Riv Hwy
    CAMPGROUND, RV PARK
    1,056 SF Lot: 2.09 Acres
    Value Estimation by Request

    70360 Columbia Riv Hwy, Rainier, OR 97048-4213

    View details
    75883 Price Rd, Unit 12
    MOBILE HOME PARK, TRAILER PARK
    Lot: 13.17 Acres
    Value Estimation by Request
    Unit 12

    75883 Price Rd, Rainier, OR 97048-2936

    View details
    74380 Fern Hl Rd, Unit 12
    MOBILE HOME PARK, TRAILER PARK
    Lot: 10.55 Acres
    Value Estimation by Request
    Unit 12

    74380 Fern Hl Rd, Rainier, OR 97048-3106

    View details
    70360 Columbia Riv Hwy
    CAMPGROUND, RV PARK
    Lot: 0.75 Acres
    Value Estimation by Request

    70360 Columbia Riv Hwy, Rainier, OR 97048-4213

    View details
    25199 Elderberry Ln, Unit 37
    MOBILE HOME PARK, TRAILER PARK
    Lot: 10.39 Acres
    Value Estimation by Request
    Unit 37

    25199 Elderberry Ln, Rainier, OR 97048

    View details
    Rainier, OR 97048
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.88 Acres
    Value Estimation by Request

    Rainier, OR 97048

    View details

    Rainier, OR Residential Income Properties Investment Opportunities Market Analysis

    Explore 11 residential income properties for sale in Rainier, OR on our real estate platform. These investment opportunities span a total of 4,500 square feet of properties for sale, with an estimated market value of $449,000.

    Sale prices for residential income properties in Rainier, OR start at $449,000, averaging $449,000, and reaching up to $449,000 — 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

    Multifamily properties 1
    Single family properties 1
    Triplexes 1

    Demographics Overview

    Population 7,096
    Population Growth (5Y) -6.4%
    Median Household Income $74,453
    College Educated 20.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    97048 $449K

    Taxes & Financing

    Tax Rate (average for all types) 1.61%
    Property Tax per SF $20.31 per sq ft
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

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