Sold
Last Sold Price
3,753 sqft$140/sqft
623 SW 4th St, Pendleton, OR 97801
Multi FamilyProperty Type
1900Year Built
$140/sq ftPrice per sq ft

Description

Investors, take a look! Total rents for this property are currently at $4010/month, with good payment records. This is an excellent income-producing property with recent updates and solid tenants. Central air, forced air gas heat, vinyl windows, and washer/dryer hookups in each unit. Income figures include professional management fees - manage the property yourself for a higher return on investment! Interior inspection of all units available upon accepted offer. Please do not disturb tenants.Investors, take a look! Total rents for this property are currently at $4010/month, with good payment records. This is an excellent income-producing property with recent updates and solid tenants. Central air, forced air gas heat, vinyl windows, and washer/dryer hookups in each unit. Income figures include professional management fees - manage the property yourself for a higher return on investment! Interior inspection of all units available upon accepted offer. Please do not disturb tenants.
  • Listed by: Molly Webb Thompson • Webb Property Resources molly.s.webb@gmail.com
Listing closed: 02/24/2022 12:00 AM • Source: RMLS, MLS#: 21349719

Recent comparable sales

Median sold price

$389,000

Avg days on market

85

Sale-to-list ratio

92.5%

Pendleton, OR

9 comparable properties found

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Sold 09/25/24

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a front view of a house with a garage
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Sold 10/25/24

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Sold 12/19/25

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Location

Listing Courtesy of Webb Property Resources

Sold By Keller Williams PDX Central

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$2,947 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,669

Property Taxes

$278

HOA Dues

$0

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Property Information for 623 Southwest 4th Street

Property Details
  • Taxes: $3,337 / year
  • MLS Type: Multi Family
  • Parking Features: Open, Paved
  • Zoning: R3
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1900
Summary
Location and General Information
  • Country: US
  • Directions: SW Goodwin Avenue
  • Road Surface: Paved
School Information
  • Elementary School: Sherwood Hts
  • High School: Pendleton
  • Middle Or Junior School: Sunridge
Taxes and HOA
  • Tax Year: 2020
  • Tax Annual Amount: $3,336.74
  • Parcel Number: 110121
  • Tax Legal Description: RESERVE ADDITION LOT 185 BLOCK 6
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1900
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Electricity, Tank
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Roof Type: Metal
Interior Features
  • Basement: Crawl Space, Partial Basement
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $41,544.00
  • Gross Rent Multiplier: $12.73
  • Investor Information: Annual Property Operation Data
  • Net Income Actual: $30,358.00
  • Operating Expense: $11,187.00
  • Storage: None
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 3753
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Air Conditioning, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,100
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,090
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Baths Decimal: 1.10
  • Unit Type 3 Beds Total: 3
  • Unit Type 3 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 3 Rent: $870
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Baths Decimal: 1.10
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Air Conditioning, Range, Refrigerator, Washer Dryer
  • Unit Type 4 Rent: $950
  • Unit Type 4 UnitsTotal: 1

Property History for 623 Southwest 4th Street

DateEvent & SourcePriceAppreciation
Feb 22, 2022

Sold (Public Record)

Public Record #1483835224

$525,000

+21.8% / yr

Jan 27, 2020

Sold (Public Record)

Public Record #1356717168

$349,000
DateEvent & SourcePrice
02/22/2022

Sold (Public Record)

Public Record #1483835224

$525,000

+21.8% / yr

01/27/2020

Sold (Public Record)

Public Record #1356717168

$349,000

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

Public Records for 623 Southwest 4th Street

Taxable ValueLand$24,870Additions$182,630Total$207,500
Tax Record2025$3,821 ($318 / month)
Home Facts
Baths7.5Total Finished SqFt3,753 SqFtAbove Grade Finished SqFt3,753 SqFtStories2Lot Size5,001 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1992ZoningR-3CountyUMATILLAAPN2N3210DA05800

Schools near 623 Southwest 4th Street

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
Charter - 9 to 12
Rating
School
Distance
Sherwood Heights Elementary School
PublicK to 5

Sunridge Middle School
Public6 to 8

Pendleton High School
Public9 to 12

Nixyaawii Community School
Charter9 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 Webb Property Resources

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: 09/25/2025 02:44 PM