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229 Merrick Ave, Umatilla, OR 97882

$550,000

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Property Description

Excellent Investment Opportunity - Newer Duplex Built in 2022!Fantastic opportunity to own a 2,648 sq. ft. duplex built in 2022, offering an established rental setup and excellent flexibility. Each unit features 3 bedrooms, 3 bathrooms, and its own attached garage.Both units feature spacious living areas, open kitchens, and a convenient main-level half bath. Upstairs, each primary suite includes a private en suite bathroom and walk-in closet, with additional bedrooms and baths providing plenty of space.Currently, one unit is rented monthly, while the other is fully furnished and operating as a high-demand Airbnb with a history of steady rental income. Continue utilizing both units as income-producing rentals, or live in one side and rent the other to help offset your monthly housing expenses.Conveniently located near schools, parks, the river, and highway access, this newer duplex offers an appealing combination of location, versatility, and established rental potential. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupied income opportunity, this property is one you won't want to miss!

229 Merrick Ave | MLS# 486128307

This multi-family property located at 229 Merrick Ave, Umatilla, OR 97882 is currently listed for sale with an asking price of $550,000. Search Umatilla real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: MiniSplit
Fuel Type: Electricity
Heating: Mini Split
Roof Type: Composition
Stories: 2.0
Taxes: $4,259
Year Built: 2022
Square Feet: 2,648

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $6785.00
Square Footage: 1324
Total Units: 2

Feature Descriptions

Exterior: T-111 Siding
Gross Income: $70620.00 (Actual)
Hot Water: Electricity
Net Income: $56094.00 (Actual)
Operating Expenses: $14526.00 (Actual)
Parking: Driveway, Garage
Parking Notes: Driveway, Garage
Sewer: Public Sewer
Units: 2
Water: Public Water

Local Schools

High School: Umatilla
Middle School: Clara Brownell
Elementary School: McNary Heights

Listed By / Shown By

Listed By

Agency Name: Christianson Realty Group
Agency Phone: 541-289-4663

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimate Your Payment

Estimated Payment

$ 3,296.43 per month $2,781.10 Principal & Interest $354.92 Property Tax $160.42 Homeowner's Insurance

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