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Sold
  • $432,000

    306 NW 1st St, Enterprise, OR 97828

    1beds
    1,180sqft
    Residential, Single Family Residence
    Built in 2008
    8,276.4 Square Feet Lot
    $425,600 Zestimate®
    $366/sqft
    $1,357 Estimated rent

    Home value

    $425,600

    Estimated sales range

    Not available

    $1,357/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: July 23, 2025 at 08:20am

    Listed by:

    Robin Despain 541-432-4060,

    Real Estate Associates

    Bought with:

    Kate Crawford, 201237772

    Ruby Peak Realty, Inc.

    Source: RMLS (OR),MLS#: 157984943MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Main
    Family room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Ductless, Mini Split, Zoned
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Electric Water Heater
    Features
    • Ceiling Fan(s), Granite
    • Flooring: Laminate
    • Windows: Vinyl Frames
    • Basement: Crawl Space
    • Fireplace features: Propane, Stove
    • Furnished: Yes
    Interior area
    • Total structure area: 1,180
    • Total interior livable area: 1,180 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, RV Access/Parking, Attached, Detached
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Garage On Main, Main Floor Bedroom Bath, Accessibility
    Features
    • Stories: 1
    • Patio & porch: Deck, Porch
    • Exterior features: Yard
    • Fencing: Fenced
    • Has view: Yes
    • View description: City, Mountain(s), Trees/Woods
    Lot
    • Size: 8,276 sqft
    • Features: Corner Lot, Level, SqFt 7000 to 9999
    Details
    • Additional structures: GuestQuarters, RVParking, SecondGarage, Furnished
    • Parcel number: 681
    • Zoning: C-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin,Log
    • Property subtype: Residential, Single Family Residence
    Materials
    • Log, Other
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Gas: Propane
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Satellite Internet Service

    Community & neighborhood

    Security
    • Security features: Security Lights, Sidewalk
    Location
    • Region: Enterprise

    Other

    Other facts
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/23/2025Sold$432,000-3.8%$366/sqft
    Source: RMLS (OR) #157984943
    6/9/2025Pending sale$449,000$381/sqft
    Source: RMLS (OR) #157984943
    3/22/2025Listed for sale$449,000-18.2%$381/sqft
    Source: RMLS (OR) #157984943
    8/19/2024Listing removed--
    Source: Owner
    5/21/2024Listed for sale$549,000+50.8%$465/sqft
    Source: Owner

    Public tax history

    YearProperty taxesTax assessment
    2024$2,794 +2.9%$179,324 +3%
    2023$2,716 +3%$174,101 +3%
    2022$2,635 +2.7%$169,031 +3%

    Find assessor info on the county website

    Neighborhood: 97828

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Enterprise
    • Middle: Enterprise
    • High: Enterprise

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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