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703 18TH ST La Grande, OR $ 800,000
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$ 800,000 Get more info
703 18TH ST
$ 800,000
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703 18TH ST

La Grande, OR, 97850
$ 800,000
Baths0.0

Monthly Estimate*

$ 5,051

703 18TH ST, La Grande, OR 97850 - Image 1
703 18TH ST, La Grande, OR 97850 - Image 2
703 18TH ST, La Grande, OR 97850 - Image 3
703 18TH ST, La Grande, OR 97850 - Image 4
703 18TH ST, La Grande, OR 97850 - Image 5
Studio

Multi-Family Home for sale in La Grande, OR

for $800,000. This home was built in 1950 on a lot size of 1.

Rocks Trailer Court is an established all-ages 17-space mobile home park located in La Grande, Oregon. Offered at $800,000 with an impressive 9% cap rate, this 1-acre property features a flexible general commercial zoning, paved roads and city utilities…no risk of septic failure! All utilities are efficiently billed back to the tenants. An exceptional value-add opportunity awaits by filling current vacancies (due to recent clean up), moving existing below-market rents towards current market rent and adding storage units in the park’s open area. Furthermore, Rocks Trailer Court qualifies for Oregon’s maximum 9.5% rent increase - significantly outperforming the 6% cap imposed on larger parks.

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Multi-Family Active

Price

$ 800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,857

Style

Lot Size

1

Year Built

1950

Town/City

La Grande

County/Region

Union

MLS | Web ID

785385602
Features
General
Sewer PublicSewer
Heating None
Zoning GC
Year Built 1950
Tax Year 2025
Parcel Number 3935
Gross Income 107095.0
County Union
Net Operating Income 72540.0
Operating Expense 34555.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions 703 18th Street La Grande Oregon
High School La Grande
City LaGrande
Number Of Units Total 17
MLS Area _440
Lot Size Square Feet 43560.0
Listing Terms CallListingAgent Cash Contract Conventional OwnerWillCarry
Elementary School Other
Tax Annual Amount 2857.04
Middle/Junior High School La Grande
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 703 18th Street La Grande Oregon
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Exterior
Parking Features OffStreet
Lot Features Level PrivateRoad
Water Source PublicWater
Exterior Description Other
Lot Size Acres 1.0
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Interior
Unit 1 Baths Total 0
Unit 1 Beds Total 0
Unit Type UnitTypeType1
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Internal Only
Street Number 1 703
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* Excluded Features
List By
Columbia Equity Advisors

Broker

jim@columbiaequityadvisors.com

Email

Affordability Calculator

$5,289
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
$238
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5077420 Elementary School
1949113 Middle School
La Grande High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/27/2026$800,000 Listed Price

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703 18TH ST, La Grande, OR, 97850 is a Multi-Family Home for sale at $800,000 with a lot size of 1. 703 18TH ST is a studio with 0.0 baths and was built in 1950. The property's zip code is 97850 which is in La Grande, OR

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