390 Court St Vale, OR $ 550,000
390 Court St
$ 550,000
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390 Court St

Vale, OR, 97914
$ 550,000
Bedrooms8 Baths1.0 Sq 4,880

Monthly Estimate*

$ 3,655

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Multi-Family Home for sale in Vale, OR

for $550,000 with 8 bedrooms and 1 full bath. This 4,880 square foot home was built in 1948 on a lot size of 0.21.

Located In Vale Oregon! Minutes From Vale BLM Headquarters! 5 Plex! Excellent Income! Well Maintained! Long-Term Renters! Owner Will Carry With 30% Down and Approved Credit.

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Multi-Family Active

Price

$ 550,000

Bedrooms

8

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,542

Style

Apartment

Lot Size

0.21

Year Built

1948

Town/City

Vale

County/Region

Malheur

MLS | Web ID

98947235

Features
General
Heating Baseboard Electric Wall Furnace
Cooling Cooling Wall/Window Unit(s)
Utilities Sewer Connected
Roof Composition
Appliances Disposal (No Units) Stove/Range (All Units) Refrigerator (All Units)
HOA Fee 0
Construction Materials Frame
Year Built 1948
Electric Unit 1 Separate Meter Unit 2 Separate Meter Unit 3 Separate Meter Unit 4 Separate Meter Unit 5 Separate Meter
Property Subtype Apartment
Tax Year 2025
Current Use 5+ Units
Ownership Fee Simple
Gross Income 59160
County Malheur
Net Operating Income 40744
Operating Expense 18416
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name 0 Not Applic.
Garage Y/N N
Status Active
Directions Hwy 20/20 West On Court to property
High School Vale
City Vale
Senior Community Y/N N
High School District Vale School District 84
Zoning Description HD Residential
Number Of Units Total 5
MLS Area Vale - 1625
Lot Size Units Acres
Lot Size Square Feet 9147.6
Carport Y/N N
Listing Terms Cash Consider All Owner Will Carry
Elementary School Vale K-8
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3542
Home Warranty Y/N N
Middle/Junior High School Vale Jr. High
Building Area Units Square Feet
Living Area Units Square Feet
Middle/Junior School District Vale School District 84
Elementary School District Vale School District 84
Total Actual Rent 4515
Cap Rate 7.4
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Exterior
Fencing Partial
Lot Features 10000SF - .49
Water Source City Service
Total Parking 8
Lot Size Area 0.21
Spa N
Building Area Total 4880
Lot Dimensions 94x100
Lot Size Acres 0.21
Waterfront Y/N N
Open Parking Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 8
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 5
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Internal Only
Street Number 1 390
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* Excluded Features
List By
Marty Justus

Listing Agent

Four Star Real Estate

Broker

martyj@4starre.com

Email

Affordability Calculator

$3,951
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
$295
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
397926 Elementary School
397665 Middle School
Vale High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2025$550,000 Listed Price

Map


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390 Court St, Vale, OR, 97914 is a Multi-Family Home for sale at $550,000 with 4,880 sqft and a lot size of 0.21. 390 Court St has 8 bedrooms, 1.0 baths, and was built in 1948. The property's zip code is 97914 which is in Vale, OR