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515 N Elder St, Heppner, OR 97836

  • $620,892

    Last sold date unavailable

  • —

    bed

  • —

    bath

  • 4,200

    Sqft ($119/Sqft)

Multi-family not for sale
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About 515 N Elder St

Property type Multi-family
Neighborhood
Year built 1975
HOA fee $0/month
Movoto estimate
Parking 8 garage spaces
Property description
This multi-family property is located at 515 N Elder St, Heppner, OR, 97836 in Morrow County and was built in 1975. The property offers 4,200 square feet of living space. It is served by municipal water and sewer. Parking includes a 8-car garage.
Overview
Cooling/AC Window Unit(s)
Heating Baseboard
MLS # 22414261
Type Multi Family
Status Active
Property Tax 2191.61
Year Built 1975
Exterior
Roof Metal
# Parking Spaces 8
# Garage Spaces 8
Exterior Features Wood Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Morrow
Community Features Laundry
Area 424 - Morrow Co: Heppner/South
Elementary School Heppner
Middle School Heppner
High School Heppner
Zoning R2
Directions S. On Hwy E. On Quad St, S. On Elder St. - Building On Right Hand Side - Parking Area In Front
APN 50
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 1
Unit Type 6: # Bedrooms 1
Unit Type 1 : Total Baths 1
Unit Type 5: # Bedrooms 2
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 6: Total Baths 1
Unit Type 4: Total Baths 1
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 2
Unit Type 5: Total Baths 1
Unit Type 6: Rent 506
Unit Type 1: Rent 631
Unit Type 4: Rent 634
Unit Type 3: Rent 633
Unit Type 2: Rent 672
Unit Type 5: Rent 655
Total # of Units 6
Gross Rent Multiplier 13.55
Operating Expense Scheduled 16142
Net Operating Income 21241
Operating Expense 15672
Gross Scheduled Income 38785
Gross Income 36913
Cap Rate 4.25
Net Scheduled Income 22643
Lot/ Land Details
Road Surface Paved
$620K
Range: $558K-$682K
Last 30 days 
  • Aug 2023
  • Aug 2, 2023 Delisted
    $500,000
  • Dec 9, 2022 Price Change
    $500,000 (-16.7%)
  • Oct 13, 2022 Listed
    $600,000
  • 515 N Elder St
    $500K
  • 424 - Morrow Co: Heppner/south
    —
  • 97836
    $275K +10% y/y
  • Heppner
    $277K +10% y/y
No chart available
Statistics calculated by Movoto

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8/10
Heppner Elementary School
public Grades K-6
Morrow School District 1
8/10
Heppner Junior/Senior High School
public Grades 7-12
Morrow School District 1
Source: GreatSchools.org © 2026. All rights reserved.

Around 424 - Morrow Co: Heppner/south

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  • Real Estate
  • OR
  • Morrow County
  • Heppner
  • 97836
  • 515 N Elder St
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