Sold

$432000

1 Bed
2 Bath
1180 SqFt
76 DOM
Built: 2008
Status: Sold

Love this home?

Ask a Question

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Charming Investment Property Zoned for Short-Term Rentals in Downtown EnterpriseLocation: Nestled just minutes from downtown Enterprise, this property is ideally zoned for short-term rentals, making it a prime opportunity for both tourists and business travelers. Whether you're looking for a vacation rental investment or a property with steady income potential, this location offers exceptional appeal.**Property Setup:** This versatile property features two separate units:- **1-bedroom, 1-bath** unit- **studio with a bath** Perfect for renting one unit and living in the other, or renting both units for maximum income potential. The flexible layout offers endless opportunities.**Income Potential:** With a proven rental history and current cap rate of over 8%, this property offers a reliable and solid return on investment. It's a great choice for those looking to add a profitable short-term rental to their portfolio or enter the rental business.**Extras:** - **Two-car garage** for added convenience - **Additional shed** for extra storage - Ample space for **boat and RV parking**, appealing to renters with recreational vehicles. These features not only enhance the property's usability but also add significant value for renters, increasing overall appeal.**Growth Potential:** The property has notable **growth potential**, with opportunities to increase revenue through strategic pricing or upgrades. The increasing demand for short-term rentals in this area makes it an ideal choice for capitalizing on future trends.**Don't miss out on this exceptional investment opportunity**—contact us today to schedule a showing!

Listing Provided Courtesy of Robin Despain, Real Estate Associates

General Information

MLS #157984943
TypeSingleFamilyResidence
Days on Market 76 DOM
Beds1
Lot Size 8276.4 SqFt
Baths2
SqFt1180
Year built2008
ZoningC-1
CountyWallowa
Tax ID681
ElemEnterprise
MiddleEnterprise
HighEnterprise
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)01S4435DC TL 4200

Listing Provided Courtesy of Robin Despain, Real Estate Associates

Mohan Realty Group data last checked: Dec 15, 2025 07:35 | Listing last modified Jul 23, 2025 15:20, Source:

-->

Residence Information

Upper SqFt0
Main SqFt1180
Lower SqFt0
Total SqFt1180
SFSrcASSESSOR
TotUp/Mn1180
Fireplaces
Bdrms1
Full Bath2
Partial Bath0
Total Bath2
RoofComposition
Garage1, Attached, Detached
StyleCabin,Log
ParkingDriveway,RVAccessPar
Levels1
Year Built2008
Green CertNo
Energy Eff
ExteriorLog, Other
Bsmt/FndCrawlSpace
RVRVParking
URM
BasementCrawlSpace
FoundationConcretePerimeter
WindowsVinylFrames
Amenities

Features and Utilities

Living
KitchenDishwasher, FreeStandingRange, FreeStandingRefrigerator, Granite, Microwave, StainlessSteelAppliance
InteriorCeilingFan, Furnished, Granite, LaminateFlooring
ExteriorDeck, Fenced, GuestQuarters, Porch, RVParking, SecondGarage, ToolShed, Yard
AccessibilityGarageonMain, MainFloorBedroomBath
CoolMiniSplit
WaterElectricity
HeatDuctless, MiniSplit, Zoned
SewerPublicSewer
Hot WaterElectricity
FuelElectricity, Propane

Financial

PTax/Yr2794.37
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Conventional,VALoan
List Date03-22-2025
Rent (If Rented)0
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date06-06-2025
DOM 76
CDOM 289
Sold Date07-23-2025
TermsCash,Conventional,VALoan
Original Price$525,000
List Price$449,000
Sold Price$432,000
Last ModifiedJul 23, 2025 15:20

Schools

Elementary : Enterprise N/A Ratings

Middle : Enterprise N/A Ratings

High : Enterprise N/A Ratings

Map

Listing courtesy of Real Estate Associates.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Dec 15, 2025 07:35 | Listing last modified Jul 23, 2025 15:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

306 NW 1ST ST

$432,000