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Sold on 11/07/2019
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401 NW Bailey Ave, Pendleton, OR 97801

  • $891,571

    Last sold 11/07/2019 for $775K

  • —

    bed

  • —

    bath

  • 7,280

    Sqft ($106/Sqft)

Multi-family not for sale
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About 401 NW Bailey Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
12 unit Multi-Family Property set in Premier North Hill Location, Close to Downtown and Parks. 11 units are rehabbed with modern finishes including new kitchens, bathrooms, flooring, trim package, appliances, fixtures and hardware. New roof, new windows, and all new paint inside and out. Income/Expense Statement shows 9.13% Cap Rate. Solid Rents in Low Vacancy Market. Possible Assumable Loan with 30% down. Call Today!
Listed by
Listing Agent - Matthew Vogler
Listing Office - John J Howard & Associates
Source: RMLS mls logo
MLS#19193075 • last updated 6 years ago
Movoto checked RMLS for data 12 minutes ago
Overview
Heating Zoned
MLS # 19193075
Type Multi Family
Status Sold
Property Tax 2185.76
Year Built 1900
Exterior
Roof Composition
Exterior Features Brick
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View City, Territorial
County Umatilla
Community Features Laundry
Area 435 - Umatilla Co: Pendleton
Elementary School Other
High School Pendleton
Zoning R3
Directions NW 5th
APN 107789
Multifamily Details
Unit Type 3: Total Baths 2
Unit Type 1: # Bedrooms 8
Unit Type 1 : Total Baths 4
Unit Type 2: # Bedrooms 6
Unit Type 2: Total Baths 6
Unit Type 1: Rent 3990
Unit Type 3: Rent 1030
Unit Type 2: Rent 3950
Total # of Units 12
Gross Rent Multiplier 7.39
Net Operating Income 72552
Operating Expense 35088
Gross Income 107640
Cap Rate 9.13
$891K
Range: $802K-$980K
Last 30 days 
Rental est.: $1,375/month
Gross rent multiplier: 48.2
  • May 2025
    mls logo MLS # 24168375
  • May 22, 2025 Price Change
    $1,125,000 (-6.3%)
  • Dec 3, 2024 Listed
    $1,200,000 (+54.8%)
  • Nov 2019
    mls logo MLS # 19193075
  • Nov 27, 2019 Sold
    $775,000 (-2.5%)
  • Nov 7, 2019 Pending
    —
  • Oct 25, 2019 Listed
    $795,000 (+557.0%)
  • Jan 2018
    mls logo MLS # 17208570
  • Jan 3, 2018 Sold
    $121,000
  • Nov 14, 2017 Pending
    —
  • Oct 19, 2017 Listed
    —
  • 401 NW Bailey Ave
    $775K
  • 435 - Umatilla Co: Pendleton
    —
  • 97801
    $329K -9% y/y
  • Pendleton
    $332K -9% y/y
No chart available
Statistics calculated by Movoto

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5/10
Washington Elementary School
public Grades K-5
Pendleton School District 16
4/10
Sunridge Middle School
public Grades 6-8
Pendleton School District 16
5/10
Pendleton High School
public Grades 9-12
Pendleton School District 16
Source: GreatSchools.org © 2026. All rights reserved.

Around 435 - Umatilla Co: Pendleton

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