515 SE 4TH ST Pendleton, OR $ 195,000
515 SE 4TH ST
$ 195,000
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515 SE 4TH ST

Pendleton, OR, 97801
$ 195,000
Bedrooms2 Baths2.0 Sq 1,073

Monthly Estimate*

$ 1,201

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Multi-Family Home for sale in Pendleton, OR

for $195,000 with 2 bedrooms and 2 full baths. This 1,073 square foot home was built in 1940 on a lot size of 0.11.

Two adorable and nicely updated homes on one lot, perfect for investors or owner-occupants looking to offset their mortgage! Situated on .11 acres, this unique property features two separate 1 bed / 1 bath homes, offering flexibility and strong income potential. Both homes have been tastefully updated with beautiful laminate flooring and equipped with new mini-split systems for efficient heating and cooling. Each unit includes a range and refrigerator, making them truly move-in or rent-ready. The front home has seen additional improvements, including a newer roof, updated sheetrock and insulation, and a new shower in the bathroom. Enjoy privacy and security with fully fenced homes, plus convenient on-site parking. The location is hard to beat, just minutes from shopping, dining, parks, and schools, with a great walkability factor. Live in one and rent the other, or maximize your returns with two income-producing units, this is a fantastic opportunity you won’t want to miss!

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Multi-Family Active

Price

$ 195,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 846

Style

Lot Size

0.11

Year Built

1940

Town/City

Pendleton

County/Region

Umatilla

MLS | Web ID

603101553

Features
General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Zoning N/A
Garage Spaces 0
Year Built 1940
Stories Count 1
Tax Year 2024
Parcel Number 112001
Gross Income 0
County Umatilla
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions SE 3rd to SE Goodwin turn left onto SE 4th
High School Pendleton
City Pendleton
Number Of Units Total 2
MLS Area _435
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Sherwood Hts
Tax Annual Amount 846.6
Middle/Junior High School Sunridge
Property Condition Existing
Virtual Tour https://vimeo.com/1173704345?fl=tl&fe=ec
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LOT 6 BLOCK 113 RESERVE ADDITION
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Assigned
Lot Features Level
Water Source PublicWater
Total Parking 3.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1073.0
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 515
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* Excluded Features
List By
Exp Realty, Llc

Broker

503-389-0821

Contact

Affordability Calculator

$1,271
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,201
Monthly Property Taxes
$71
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1949099 Elementary School
1949079 Middle School
Pendleton High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2026$195,000 Listed Price

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515 SE 4TH ST, Pendleton, OR, 97801 is a Multi-Family Home for sale at $195,000 with 1,073 sqft and a lot size of 0.11. 515 SE 4TH ST has 2 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 97801 which is in Pendleton, OR