#24490531, Deidra Ripsom, Listing Office: Homestead Co.
$5,926
closing credit¹
306 NW 1st St Enterprise, OR 97828
Property details
About 306 NW 1st St
• LOCATION: Zoned for short-term rentals and close to downtown Enterprise—appealing to both tourists and business travelers.• PROPERTY SETUP: Two separate units—one 1-bedroom, 1-bath and one studio with a bath. Versatile for renting one unit and living in the other, or renting both.• INCOME POTENTIAL: Good rental history, which suggests a reliable stream of income. The current cap rate of over 8% is a solid return on investment.• EXTRAS: Two-car garage, additional shed for storage, and space to park a boat and RV—offering convenience and added appeal for renters.• GROWTH POTENTIAL: The potential for increasing revenue is noted, through pricing, strategy, or upgrades.
Highlights
Summary
- MLS Number: 24126292
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Real Estate Associates
- Office Phone: (541) 432-4060
- Listing Agent: Robin Despain
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Last updated on: 2/14/2025, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![wooden terrace with covered porch](/homes/listing-images/47717143_S0422/S0422/S0422-R0100/24126292/24126292-1.jpg?version=1736799960&width=640)
$499,000
306 NW 1st St
$5,926
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $174,101 | $2,715 |
2022 | $169,031 | $2,635 |
2021 | $164,108 | $2,566 |
2020 | $159,329 | $2,396 |
2019 | $154,689 | $2,330 |
2018 | $150,184 | $2,265 |
2017 | $145,810 | $2,202 |
History based on county public records data.
Nearby schools
8
Enterprise Elementary School
Public District KG-6
0.4 mi
•201 SE 4th St
8
Wallowa Elementary School
Public District PK-6
15.7 mi
•315 First St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,676. Typical income of Enterprise, OR residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 306 NW 1st St
This home is located at 306 NW 1st St in Enterprise, OR and zip code 97828 in the Gardner's neighborhood. This 1,180 square foot home, which was built in 2008, sits on a 0.19 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $499,000.
In January 2025 more than 0 listings in Enterprise, OR were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. Between December and January 2025, Enterprise, OR real estate market has seen decrease in the number of listings by 9.1%. Listings spent 436 days on the market in January 2025, and had a median list price of $2,050,000 during the same period.