314 Columbia Street, Milton-Freewater, OR 97862

$350,000
2,194
SqFt

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Listing courtesy of Windermere RE Walla Walla.

List Price
$350,000
Status
ACTIVE
MLS#
2487379
Days on Market
148
Style
53 - Tri-plex
Finished SqFt
2,194
Area Total SqFt
2194
Annual Tax Ammount
34600
Internet Provider
Spectrum
Lot Size (sq ft)
10,019
Sewer
Sewer Connected

Property Description

This well-maintained triplex in the heart of Milton-Freewater is easy to keep tenants in. Convenient to shopping, parks and easy access to Walla Walla or Pendleton. Each unit is fully accessible with entry ramps and roll-in showers, all appliances including washer/dryer. The end units share the large deck and all units share the yard. Two units are recently updated. This would be an easy way for a first time buyer to get into the market with rent from two units to help cover the mortgage payments. Great for investors; potential as a short term rental-VRBO/Airbnb.

Additional Information

List Date
2026-03-03 22:43:30
Community
Oregon
Net Operating Income
$10,900
Gross Adjusted Income
$21,900
Gross Scheduled Income
$21,900
Total Monthly Income
$1,825
Insurance Expenses
$1,047
Water/Sewer/Garbage Expenses
$2,499
Gross Rent Multiplier
15.98
Total Expenses
$38,146
Cap Rate
3
Total Number of Units
3
Unit Name
314
Potential Terms
Cash, Conventional
Year Built
1980
Roof
Composition
Site Features
Deck
Energy Source
Electric
School District
Milton-Freewater
Elementary School
Gib Olinger Elementary
Middle School
Central Middle
High School
McLoughlin High
Total Monthly Income
$1,825
Gross Scheduled Income
$21,900
Gross Adjusted Income
$21,900
Tax Year
2025
Insurance Expense
$1,047
W/S/G Expenses
$2,499
Total Expenses
$38,146
Net Operating Income
$10,900
Gross Rent Multiplier
15.98
Cap Rate
3
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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