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Sold on 10/09/2020
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305 E Cherry Ave, Hermiston, OR 97838

  • $495,000

    Last sold 10/09/2020 for $380K

  • —

    bed

  • —

    bath

  • 2,464

    Sqft ($154/Sqft)

Multi-family not for sale
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About 305 E Cherry Ave

Property type Multi-family
Neighborhood
Year built 2019
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Owner Occupied Duplex or Investment Opportunity! This single level duplex was built in 2019 with simplicity and longevity in mind for comfortable living. Blocks away from the convenience of Starbucks, McDonalds & Walmart. Engineered hardwood floors, air conditioning, carpet in bedrooms, great-room with spacious kitchen and SS appliances. Each unit has 3 bedrooms and 2 bathrooms, 2 car garage with extra parking pad, and rents for $1,295/month (total rent $2,590. Low maintenance rock landscaping.
Listed by
Listing Agent - Troy Stevens
Listing Office - Keller Williams Realty Professionals
Source: RMLS mls logo
MLS#20445603 • last updated 5 years ago
Movoto checked RMLS for data 10 minutes ago
Overview
Cooling/AC Central Air
Heating Forced Air
MLS # 20445603
Type Multi Family
Status Sold
Property Tax 3273
Year Built 2019
Exterior
Roof Composition
Exterior Features Board & Batten Siding, Cement Siding, Lap Siding
Lot Desc Corner Lot, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Umatilla
Area 431 - Umatilla Co: Hermiston
Elementary School Sunset
Middle School Sandstone
High School Hermiston
Zoning R-2
Directions From 395, East On Elm Ave, Right On McNary Street, Left On Cherry Ave
APN 125908
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 2
Unit Type 1: Rent 1300
Unit Type 2: Rent 1300
Total # of Units 2
Gross Rent Multiplier 12.18
Operating Expense Scheduled 6978
Net Operating Income 24222
Operating Expense 6978
Gross Scheduled Income 31200
Gross Income 31200
Cap Rate 6.37
Net Scheduled Income 24222
Lot/ Land Details
Road Surface Paved
$495K
Range: $425K-$564K
Last 30 days 
Rental est.: $2,157/month
Gross rent multiplier: 14.7
  • Nov 2020
    mls logo MLS # 20445603
  • Nov 6, 2020 Sold
    $380,000
  • Jul 1, 2020 Pending
    —
  • May 28, 2020 Listed
    $380,000 (+0.1%)
  • Feb 2020
    mls logo MLS # 20204154
  • Feb 17, 2020 Pending
    —
  • Jan 30, 2020 Listed
    $379,500
  • 305 E Cherry Ave
    $380K
  • Umatilla Co: Hermiston
    —
  • 97838
    $375K -2% y/y
  • Hermiston
    $375K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Sunset Elementary School
public Grades K-5
Hermiston School District 8
5/10
Sandstone Middle School
public Grades 6-8
Hermiston School District 8
6/10
Hermiston High School
public Grades 9-12
Hermiston School District 8
Source: GreatSchools.org © 2026. All rights reserved.

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