$3,503 Closing Credit¹
#24490531, Deidra Ripsom, Listing Office: Homestead Co.
$449,000 List price
306 NW 1st St Enterprise, OR 97828
$5,332
Closing credit¹
1 bed
2 full
1,180 sqft
0.2 acres
$381 / sqft
House
Property details
About 306 NW 1st St
Charming Investment Property Zoned for Short-Term Rentals in Downtown EnterpriseLocation: Nestled just minutes from downtown Enterprise, this property is ideally zoned for short-term rentals, making it a prime opportunity for both tourists and business travelers. Whether you're looking for a vacation rental investment or a property with steady income potential, this location offers exceptional appeal.**Property Setup:** This versatile property features two separate units:- **1-bedroom, 1-bath** unit- **studio with a bath** Perfect for renting one unit and living in the other, or renting both units for maximum income potential. The flexible layout offers endless opportunities.**Income Potential:** With a proven rental history and current cap rate of over 8%, this property offers a reliable and solid return on investment. It's a great choice for those looking to add a profitable short-term rental to their portfolio or enter the rental business.**Extras:** - **Two-car garage** for added convenience - **Additional shed** for extra storage - Ample space for **boat and RV parking**, appealing to renters with recreational vehicles. These features not only enhance the property's usability but also add significant value for renters, increasing overall appeal.**Growth Potential:** The property has notable **growth potential**, with opportunities to increase revenue through strategic pricing or upgrades. The increasing demand for short-term rentals in this area makes it an ideal choice for capitalizing on future trends.**Don't miss out on this exceptional investment opportunity**—contact us today to schedule a showing!
Highlights
Home typeSingle Family Residence
HeatingDuctless, Zoned
StatusActive
CoolingZoned
Size1,180 sqft
Lot size0.19 Acres
Year built2008
ParkingDriveway, R.V. Parking
MLS #157984943
Attached garage1 space
FireplaceGas Fireplace, Stove
ViewCity, Mountain(s), Trees/Woods
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Range, Refrigerator, Microwave
- Basement: No
- Flooring Type: Granite, Laminate
- Interior: Ceiling Fan(s), Furnished, Granite
- Fireplace: Gas Fireplace, Stove
- Total Bedroom Count: 1
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Driveway, R.V. Parking
- View: City, Mountain(s), Trees/Woods
- Exterior: Deck, Fence, Porch, RV Parking, Second Garage, Tool Shed, Yard
- Architectural Style: Cabin, Log
- Heating: Ductless, Zoned
- Cooling: Zoned
- List Price: $449,000
- Price/SqFt: $380
- Annual Tax Amount: $2,715
- Tax Year: 2023
- Lot: Corner Lot, Level
- Directions: Hwy 82 turn on 1st and then turn on Park
- Year Built: 2008
- Stories: 1
- Living Area: 1,180 SqFt
- Lot Size: 0.19 Acres
- MLS Number: 157984943
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Real Estate Associates
- Office Phone: (541) 432-4060
- Listing Agent: Robin Despain
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 8:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$449,000
306 NW 1st St
$5,332
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Most Enterprise, OR residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
51%
<35k
39%
35k-100k
8%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
8%
Single, with Kids
30%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
5%
12-17 yrs old
20%
18-34 yrs old
38%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
Ram
Cadillac
GMC
What do the neighbors listen to?
Classic Country
New Country
Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
$3,076 Closing Credit¹
#519364800, Christian Niece, Listing Office: Wallowa Mountain Properties
$2,969 Closing Credit¹
#24147226, Tammi Dutton, Listing Office: Real Estate Associates
$2,838 Closing Credit¹
#24502249, Anette Christoffersen, Listing Office: Ruby Peak Realty, Inc.
$3,503 Closing Credit¹
#184506819, Devon Myer, Listing Office: High Country Realty Professionals
$5,641 Closing Credit¹
#125953501, Michele Baird, Listing Office: Ruby Peak Realty, Inc.
$4,156 Closing Credit¹
#24146104, Joe Dawson, Listing Office: Ruby Peak Realty, Inc.
$5,047 Closing Credit¹
#24467124, Diane Daggett, Listing Office: Ruby Peak Realty, Inc.
$4,738 Closing Credit¹
#104688668, Candace Bowman, Listing Office: Oregon Trail Realty LLC
$7,095 Closing Credit¹
#24227850, Leland Daggett, Listing Office: Wallowa Mountain Properties
Frequently asked questions
About 306 NW 1st St
The listing price of 306 NW 1st St property is $449,000.
The property 306 NW 1st St is a house located in Enterprise, Oregon, 97828.
Active Listing: 306 NW 1st St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 306 NW 1st St are: Enterprise Elementary School (GreatSchools Rating 8/10), Wallowa Elementary School (GreatSchools Rating 8/10), Enterprise High School (GreatSchools Rating 8/10), Joseph Charter School (GreatSchools Rating 7/10), Wallowa High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $2,715 (source: MLS/based on county public records data).
The property at 306 NW 1st St has 1 bedroom and 2 bathrooms.
The property 306 NW 1st St is 1,180 SqFt (source: MLS/tax record).
The year of construction for 306 NW 1st St is 2008.
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: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 22, 2025 and is currently priced at $449,000.
Over 0 listings were sold over their listed price in April 2025 in Enterprise, OR. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Enterprise, OR between March and April 2025 increased by 27.8%. In April 2025 median list price was $350,000 and the average listing age was 48 days.
From Rocket Homes Real Estate and based on county public records data.