1402 Fourth St

$449,000
Price
Beds
Baths
1,880 Sq. Ft.
$239 / Sq. Ft.
1,880
Sq. Ft.
$239
per Sq. Ft.

Description

Looking for an investment opportunity in La Grande, Oregon? Well, I think you found it! This tri-plex is fully occupied and cash flowing! Built to take the wear and tear that often happens with investment properties, the maintenance and repairs expenses have been much lower than you'd expect. There's off-street parking for all tenants, and even garages for two of them. With vaulted ceilings, hard floors, and ceiling fans, there are even a few extras. Thanks to being zoned Residential-Professional...Looking for an investment opportunity in La Grande, Oregon? Well, I think you found it! This tri-plex is fully occupied and cash flowing! Built to take the wear and tear that often happens with investment properties, the maintenance and repairs expenses have been much lower than you'd expect. There's off-street parking for all tenants, and even garages for two of them. With vaulted ceilings, hard floors, and ceiling fans, there are even a few extras. Thanks to being zoned Residential-Professional (RP), any investor will have tons of options! The listing agent is also the property manager so contact your favorite real estate agent today so they can get any additional info straight from the source. 24-Hour notice is required for showings, and all other tenant's rights will apply.
  1. Listed by Ashley O'Toole • High Country Realty Professionals

Property Details for 1402 Fourth Street

Parking Features
Garage, Off Street
Zoning
RP
Garage Spaces
2.00
Parking Total
2.00
LISTING UPDATED: 11/03/2025 10:39 AM

Property Details for 1402 Fourth Street

StatusActive
MLS #101501584
Days on Market274
Taxes$3,819 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1975
Lot Size0.13 AC / 5,662 SF
CountyUnion County

Location

Listing Courtesy of High Country Realty Professionals
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Building Information for 1402 Fourth Street

Stories2Residences3Year Built1975Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$2,537 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,219

Property Taxes

$318

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1402 Fourth Street

Summary
Location and General Information
  • Country: US
  • Directions: Corner of 4th St & N Ave
  • Road Surface: Paved
School Information
  • Elementary School: Central
  • High School: La Grande
  • Middle Or Junior School: La Grande
Taxes and HOA
  • Management Name: Listing Agent
  • Management Phone: 541-663-7187
  • Tax Year: 2024
  • Tax Annual Amount: $3,818.59
  • Parcel Number: 2313
  • Tax Legal Description: 03S3807-AA-05300
Property
Lot Information
  • Acres: 0.13
  • Lot Size Square Feet: 5662.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1975
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Gas, Heat, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Shingle
Interior Features
  • Basement: Exterior Entry
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $27,180.00
  • Gross Rent Multiplier: $16.52
  • Investor Information: According To Owner, Profit Loss Statement
  • Net Income Actual: $16,608.00
  • Operating Expense: $10,572.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 1880
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Air Conditioning, Refrigerator, Unfurnished, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,000
  • Unit Type 1 SqFt: 500.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Air Conditioning, Refrigerator, Unfurnished, Washer Dryer Hookup
  • Unit Type 2 Rent: $925
  • Unit Type 2 SqFt: 500.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Air Conditioning, Refrigerator, Unfurnished
  • Unit Type 3 Rent: $465
  • Unit Type 3 SqFt: 440.0
  • Unit Type 3 Units Total: 1

Property History for 1402 Fourth Street

DateEvent & SourcePriceAppreciation
Oct 31, 2013

Sold (Public Record)

Public Record #1255630339

$132,900
DateEvent & SourcePrice
10/31/2013

Sold (Public Record)

Public Record #1255630339

$132,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1402 Fourth Street

Taxable ValueLand$64,630Additions$146,370Total$211,000
Tax Record2025$3,819 ($318 / month)
Home Facts
Baths3Total Finished SqFt1,440 SqFtAbove Grade Finished SqFt1,440 SqFtStories2Lot Size5,663 SqFtStyleDuplexYear Built1975Year Renovated1992ZoningLG-RP;RES PROCountyUNIONAPN03S3807AA 5300

Schools near 1402 Fourth Street

This home is within La Grande School District 1.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Central Elementary School
PublicK to 5

La Grande Middle School
Public6 to 8

La Grande High School
Public9 to 12

Greenwood Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1402 Fourth Street is a multi-family home for sale in La Grande, OR 97850. This property was listed for sale on March 14, 2025 by High Country Realty Professionals, it's currently listed at $449,000. It has been on the market for a total of 274 days and was last sold on October 31, 2013. This listing's school district is La Grande School District 1. Nearby schools include Central Elementary School, La Grande Middle School and La Grande High School. 1402 Fourth Street is a 0-bed, 0-bath, 1,880 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of High Country Realty Professionals

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 11/03/2025 10:39 AM