Investment opportunity in Pendleton! This historic multi-unit property features three separate, currently occupied units and is conveniently located near downtown. Highlights include a spacious front deck, generous living space, and an excellent location. With some TLC, the property offers strong potential as an income-producing investment or could be converted into a large single-family home.
Over the past year, this property has undergone an extensive transformation, taking care of the major expenses so you won't have to. From the moment you arrive, you'll notice the fresh curb appeal created by all-new fiber cement siding, fresh exterior paint, and a welcoming front sitting deck—the perfect place to relax and feel right at home. Step inside to discover new flooring throughout much of the home, creating a clean, updated feel that's ready for its next chapter. But the improvements go beyond what meets the eye. A brand-new sewer line provides invaluable peace of mind while eliminating one of the most significant potential expenses for years to come. The investment doesn't stop at the property itself. With the recent renovation of Washington Elementary School and continued improvements throughout the surrounding neighborhood, this area is experiencing renewed investment and revitalization, making it an exciting place to own. Currently operating as a successful mid-term rental, the property generates approximately $1,400 per month per unit, making it an excellent opportunity for investors or owner-occupants looking to offset their mortgage by living in one unit while renting the other. Both the front and rear units offer 2 bedrooms, 1 bathroom, and dedicated detached garage storage, providing comfortable, functional living spaces for tenants or owners alike. With a quality roof, vinyl windows, brand-new fiber cement siding, a new sewer line, and updated flooring throughout much of the home, the heavy lifting has been done. Simply move in, rent it out, and enjoy the confidence that comes with owning a property where the major improvements are already behind you.
RARE VIEW DUPLEX in premium north hill location. This professional level two story duplex has 2 bedroom, 1bath and 1,208 square feet (m/l) per unit. Large, appointed kitchen with built in dishwashers, laundry hookups, forced air heat and cooling. Each unit has a deck with amazing views of downtown and the Blue Mountains. Off street parking is an additional bonus. Upstairs unit has been remodeled to a level adequate for a vacation rental or an owner occupant and currently rented for $1,250/mo. This unit will be vacant by the end of June. Downstairs unit rents for $1,150/mo. Seller pays water/sewer/garbage There is an unfinished basement/crawl area that is used for storage or could be developed for alternate use. Current rents are $1,250/mo upstairs, $1,150/mo downstairs.
Two adorable and nicely updated homes on one lot, perfect for investors or owner-occupants looking to offset their mortgage! Situated on .11 acres, this unique property features two separate 1 bed / 1 bath homes, offering flexibility and strong income potential. Both homes have been tastefully updated with beautiful laminate flooring and equipped with new mini-split systems for efficient heating and cooling. Each unit includes a range and refrigerator, making them truly move-in or rent-ready. The front home has seen additional improvements, including a newer roof, updated sheetrock and insulation, and a new shower in the bathroom. Enjoy privacy and security with fully fenced homes, plus convenient on-site parking. The location is hard to beat, just minutes from shopping, dining, parks, and schools, with a great walkability factor. Live in one and rent the other, or maximize your returns with two income-producing units, this is a fantastic opportunity you won't want to miss!

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| The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Xome Inc. are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO). |
Pendleton is located in Oregon. Pendleton, Oregon has a population of 16,861. Pendleton is less family-centric than the surrounding county with 32.94% of the households containing married families with children. The county average for households married with children is 33.4%.
The median household income in Pendleton, Oregon is $58,093. The median household income for the surrounding county is $63,123 compared to the national median of $69,021. The median age of people living in Pendleton is 36.9 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 27.9 degrees. The average rainfall is approximately 13.5 inches per year, with 14.8 inches of snow per year.