434 462 5th Street, Pendleton, OR 97801
$2,650,000
Property Type:
Residential Income
Square Footage:
32,440
Lot Size (sq. ft.):
50,094
Status:
Closed
Current Price:
$2,650,000
List Date:
7/12/2018
Last Modified:
5/27/2026
Overview
Description
Listing Details MLS# 201807201
General Property Information
- Property Sub Type
- Multi Family
- Building Area Total
- 32440
- # of Units Total
- 45
- Zoning
- C1
- Tax Annual Amount
- 1175.62
- Tax Year
- 2017
- CC&R's YN
- No
- Association YN
- No
- Sign On Property YN
- Yes
Property Features
Architectural Style:
Traditional
Construction Materials:
Frame
Flooring:
Carpet
Foundation Details:
Stemwall
Heating:
Electric
Levels:
Two
Roof:
Composition
Parking Features:
Other
Sewer:
Public Sewer
Water Source:
Public
Listing Terms:
Cash
Location Tax and Legal
- Street Number
- 434
- Street Name
- 5th Street
- County
- Umatilla
- State
- OR
- Postal Code
- 97801
- Subdivision Name
- N/A
Contract Information
- Original List Price
- 2650000
- List Price per SqFt
- 81.6892
- Listing Contract Date
- 2018-07-12
Remarks and Miscellaneous
- Public Remarks
- Unique opportunity to purchase this single-owner, 5 building apartment complex in Pendleton's central core. Well located on 5th and Frazer, the Village Apartments are situated on Kayak, Pendleton's transit system for easy access to Blue Mountain Community College and all nearby amenities. Well maintained and updated with new windows, sliding doors and stairways plus laundry facilities and off street parking.
Status Change Information
- Close Date
- 2019-04-05
- Under Contract Date
- 2018-08-01
- Status Change Timestamp
- 2019-04-05
- Close Price
- 2650000
- Sold Price per SqFt
- 81.6892
More Information
Unit 1
- Unit #
- 434 SW 5th
- # of Bedrooms
- 2
- # Full Baths
- Yes
- Monthly Rent
- 825
Unit 2
- Unit #
- 450 SW 5th
- # of Bedrooms
- 2
- # Full Baths
- Yes
- Monthly Rent
- 825
Unit 3
- Unit #
- 462 SW 5th St
- # of Bedrooms
- 2
- # Full Baths
- Yes
- Monthly Rent
- 825
Unit 4
- Unit #
- 438 SW 5th (North)
- # of Bedrooms
- 2
- # Full Baths
- Yes
- Monthly Rent
- 585
Parking Details
- # of Other Parking
- 50
Income and Expenses (Annual Amounts)
- Gross Income
- 339181
- Operating Expense
- 180186
- Net Operating Income
- 158995
- Cap Rate
- 6
Listing Office:
NAI Cascade
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.