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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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171 N 15th Ave , Elgin, OR 97827
$499,000
Est. Payment: $2,509.06/mo
8 Bed
4 Bath
3756 Sqft
Status: pending | Days on site: 24
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Investors looking for an opportunity to own apartment rentals look no further! This well-kept 4-plex built amongst the pine trees is ready for the motivated investor who has residual income as a future priority! As a residential gem in the city of Elgin, you don't want to miss this rare opportunity which was built with pride in 1979 and owned by only the original owner! Located near schools and close to shopping makes this a place that tenants enjoy calling home as turnover and vacancies are nearly nonexistent! Offering 4 total spacious units with 2-bedroom 1-bathroom. All units include range/oven, refrigerator, dishwasher and a garbage disposal! The convenient on-site laundry room has 2 washers and 2 dryers for all tenants to utilize as needed. The grounds give the feeling of a park like atmosphere as landscaping is always well maintained. Each upstairs unit provides a Trex deck out the dining room sliding glass door to enjoy the evening views while relaxing, and the downstairs units offer a patio and a small yard! The building has a newer roof, double pane vinyl windows, Hardy siding, and exterior paint. Make an appointment to see this great opportunity today! This 4-plex may be purchased together with the adjacent 4-plex located at 173 N 15th Ave Elgin. Please see listing 450112253. Listing agent is related to the seller. Financials are available.

Highlights

Listed by Roger Hutson , 970-978-8837 Valley Realty , 541-963-4174. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.27

Year Built

1979

County

Union

Area

440 - Union County

Listing ID

393968675

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:4
Basement:Crawl Space
Other:Public Water

Exterior Features

Lot:Level,Public Road,Seasonal,Trees
Zoning:EL-R
Roof:Composition
Others:Existing
Sewer:Public Sewer
Parking Features:Off Street,Paved
Principal Interest
$2,509
Taxes
$274

Home Price

$499,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,509.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,509.06 $273.73 $0.00 $2,782.79
Yearly $30,108.67 $3,284.78 $0.00 $33,393.45
Total $903,259.96 $98,543.40 $0.00 $1,001,803.36

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Elgin, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-07-23T23:14:11.000Z

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