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255 Elm Vale, OR $ 320,000
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$ 320,000 Get more info
255 Elm
$ 320,000
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255 Elm

Vale, OR, 97918
$ 320,000
Bedrooms4 Baths1.0 Sq 1,976

Monthly Estimate*

$ 2,127

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Multi-Family Home for sale in Vale, OR

for $320,000 with 4 bedrooms and 1 full bath. This 1,976 square foot home was built in 1998 on a lot size of 0.2.

Updated and Well Maintained Duplex, Both Units are Rented! Current Rents Exceed $2000.00 a month. The Owner Will Consider Owner Carry with 30% Down and Approved Credit

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Multi-Family Active

Price

$ 320,000

Bedrooms

4

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,614

Style

Duplex

Lot Size

0.2

Year Built

1998

Town/City

Vale

County/Region

Malheur

MLS | Web ID

98947247
Features
General
Heating Electric Forced Air
Cooling Wall/Window Unit(s) All Units
Utilities Sewer Connected
Roof Composition
Appliances Stove/Range (All Units) Refrigerator (All Units)
HOA Fee 0
Construction Materials Frame
Year Built 1998
Electric Unit 1 Separate Meter Unit 2 Separate Meter
Property Subtype Duplex
Tax Year 2024
Current Use 2-4 Units
Ownership Fee Simple
Gross Income 26700
County Malheur
Net Operating Income 18915
Operating Expense 7785
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 to Elm St Elm to the Property
High School Vale
City Vale
Senior Community Y/N N
High School District Vale School District 84
Zoning Description Duplex
Number Of Units Total 2
MLS Area Vale - 1625
Lot Size Units Acres
Lot Size Square Feet 8712
Carport Y/N Y
Listing Terms Cash Conventional Owner Will Carry
Elementary School Vale K-8
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2614
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 2225
Cap Rate 6
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Interior
Flooring Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Washer/Dryer Hookups (All Units)
Total Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Fencing Full
Parking Features Carport Finished Driveway
Lot Features 10000SF - .49
Water Source City Service
Total Parking 4
Lot Size Area 0.2
Spa N
Building Area Total 1976
Lot Dimensions 120x72
Lot Size Acres 0.2
Waterfront Y/N N
Open Parking Y/N Y
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Internal Only
Street Number 1 255
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* Excluded Features
List By
Marty Justus

Listing Agent

Four Star Real Estate

Broker

martyj@4starre.com

Email

Affordability Calculator

$2,345
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,127
Monthly Property Taxes
$218
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/15/2025$320,000 Listed Price

Map

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255 Elm, Vale, OR, 97918 is a Multi-Family Home for sale at $320,000 with 1,976 sqft and a lot size of 0.2. 255 Elm has 4 bedrooms, 1.0 baths, and was built in 1998. The property's zip code is 97918 which is in Vale, OR

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