

173 N 15TH AVEElgin, OR 97827
Multi-Family · 3,456 Sq. ft. | 0.25 Acres173 N 15TH AVE Overview
- Time on Site:
- 1 day
- Visits:
- 0
Investors looking for an opportunity to own apartment rentals look no further! This well-kept 4-plex built amongst the pine trees is ready for the motivated investor who has residual income as a future priority! As a residential gem in the city of Elgin, you don't want to miss this rare opportunity which was built with pride in 1979 and owned by only the original owner! Located near schools and close to shopping makes this a place that tenants enjoy calling home as turnover and vacancies are nearly nonexistent! Offering 4 total spacious units with three 2-bedroom 1-bathroom units and one 1-bedroom 1-bath unit. All units include range/oven, refrigerator, dishwasher and a garbage disposal! The convenient on-site laundry room has 2 washers and 2 dryers for all tenants to utilize as needed. The grounds give the feeling of a park like atmosphere as landscaping is always well maintained. Each upstairs unit provides a Trex deck out the dining room sliding glass door to enjoy the evening views while relaxing, and the downstairs units offer a patio and a small yard! The building has a newer roof, double pane vinyl windows, Hardy siding, and exterior paint. Make an appointment to see this great opportunity today! This 4-plex may be purchased together with the adjacent 4-plex located at 171 N 15th Ave Elgin. Please see listing 450112253. Listing agent is related to the seller. Financials are available.
173 N 15TH AVE Facts & Features
- Type Multi-Family
- Sq. ft. 3,456
- Price/Sq.ft. $144
- Lot 0.25 Acres
Details
General
School Information
- Elementary School: Stella Mayfield
- Middle Or Junior School: Elgin
- High School: Elgin
Income/Expenses
- Gross Income: 35472.0
- Gross Scheduled Income: 57600.0
- Net Operating Income: 23870.0
- Operating Expense: 11602.0
Building Information
- Year Built: 1979
Location/Region
- Country: US
- County Or Parish: Union
- MLS Area Major: 440 - Union County
Community/Development
- Community Features: All Landscaping,Laundry
Rent/Lease Information
- Rent Includes: Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 3219.37
- Tax Year: 2025
General Information
- Disclosures: Exempt
- Listing Terms: Call Listing Agent,Cash,Conventional,Other
- Parcel Number: 12881
- Property Condition: Existing
- Property Type: Multi Family
- Zoning: EL-R
Interior
Parking Information
- Garage Spaces: 0
Building Interior
- Building Area Total: 3456.0
General Information
- Basement: Crawl Space
- Cooling: None
- Foundation Details: Concrete Perimeter,Pillar/Post/Pier
- Heating: Baseboard
- Security Features: Security Lights
- Stories: 2
Exterior
Parking Information
- Parking Features: Off Street,Paved
Lot Information
- Lot Features: Corner Lot,Level,Public Road,Seasonal,Trees
- Lot Size Acres: 0.25
- Lot Size Square Feet: 10890.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 4
- Sewer: Public Sewer
173 N 15TH AVE Neighborhood
Community
97827 (Elgin) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.173 N 15TH AVE Monthly Cost
173 N 15TH AVE Market Data
Based on the last 30 days in this zip code
173 N 15TH AVE History
| Date | Value | Agent |
|---|---|---|
| 6/28/2026Source: Regional MLS | June 28, 2026 |

