Sold
Last Sold Price
516 NW Bailey Ave, Pendleton, OR 97801
Multi FamilyProperty Type
1962Year Built

Description

HOMESTEAD APARTMENTS featuring 11 large units, all units with impressive scenic views from back deck & patio facing the Umatilla River. Featuring a park-like setting with 3-3 bedrooms,7-2 bedrooms,1-1 bedroom. Appliances & W/D hookups. Excellent Location, with great walkability to downtown, parks,dining and shopping. Consider the potential for upside rents!HOMESTEAD APARTMENTS featuring 11 large units, all units with impressive scenic views from back deck & patio facing the Umatilla River. Featuring a park-like setting with 3-3 bedrooms,7-2 bedrooms,1-1 bedroom. Appliances & W/D hookups. Excellent Location, with great walkability to downtown, parks,dining and shopping. Consider the potential for upside rents!
  • Listed by: Marge Lapp • Marjorie Lapp Real Estate
  • Listed by: Matthew Vogler
Listing closed: 12/10/2019 12:00 AM • Source: RMLS, MLS#: 19216835

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Amenities

  • Deck
  • Parking Included
  • Waterfront

Location

Listing Courtesy of Marjorie Lapp Real Estate

Sold By Coldwell Banker Whitney & Asso

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Payment Calculator

$3,801 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,191

Property Taxes

$610

HOA Dues

$0

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Property Information for 516 Northwest Bailey Avenue

Property Details
  • Taxes: $7,319 / year
  • MLS Type: Multi Family
  • County: Umatilla County
Building Information
  • Residences: 11
  • Year Built: 1962
Summary
Location and General Information
  • Area: Umatilla Co: Pendleton
  • Country: US
  • Directions: Lower North hill location. On N.W. Bailey between NW 5th & NW 6th
Parking
  • Parking Features: Assigned
Taxes and HOA Information
  • FIRPTA Y/N: No
  • Tax Year: 2018
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Level, Private, Trees, Gentle Sloping
  • Zoning: R-3
Property and Assessments
  • Water Description: Public
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Wood Siding
  • Water Front Y/N: Yes
  • Waterfront Description: River Front
  • Water Name: Umatilla River
Interior Features
  • Basement: Full Basement,Exterior Entry,Storage Space
  • View Y/N: Yes
  • View: River, City
Multi Family
Multi-Family Information
  • Gross Income Actual: $77,755
  • Gross Rent Multiplier: 9
  • Investor Information: According To Owner
  • Net Income Actual: $39,455
  • Occupancy Types: Month To Month
  • Operating Expenses Actual: $38,300
  • Storage: Basement
  • Unit Type Type: 1, 2, 3
Unit 1
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Rent: $2,115
  • Unit Type 1 SqFt: 960.0
  • Unit Type 1 Units Total: 3
Unit 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $4,050
  • Unit Type 2 SqFt: 850.0
  • Unit Type 2 Units Total: 7
Unit 3
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Rent: $515
  • Unit Type 3 Units Total: 1

Property History for 516 Northwest Bailey Avenue

DateEvent & SourcePriceAppreciation
Dec 10, 2019

Sold (Public Record)

Public Record #1349741631

$617,500
DateEvent & SourcePrice
12/10/2019

Sold (Public Record)

Public Record #1349741631

$617,500

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

Public Records for 516 Northwest Bailey Avenue

Taxable ValueLand$74,390Additions$394,170Total$468,560
Tax Record2025$8,628 ($719 / month)
Home Facts
Total Finished SqFt10,350 SqFtAbove Grade Finished SqFt10,350 SqFtLot Size18,295 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962Year Renovated1962ZoningR-3CountyUMATILLAAPN108796

Schools near 516 Northwest Bailey Avenue

This home is within Pendleton School District 16.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 5

Sunridge Middle School
Public6 to 8

Pendleton High School
Public9 to 12

Hawthorne Middle/High School
Public9 to 12

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marjorie Lapp Real Estate

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 © 2026 RMLS, Portland, Oregon. Last updated: 12/12/2019 11:16 AM