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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Owner options
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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#: 157984943
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
| Date | Event | Price |
|---|---|---|
| 7/23/2025 | Sold | $432,000-3.8%$366/sqft |
Source: | ||
| 6/9/2025 | Pending sale | $449,000$381/sqft |
Source: | ||
| 3/22/2025 | Listed for sale | $449,000-18.2%$381/sqft |
Source: | ||
| 8/19/2024 | Listing removed | -- |
Source: Owner | ||
| 5/21/2024 | Listed for sale | $549,000+50.8%$465/sqft |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax 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
- 8/10Enterprise Elementary SchoolGrades: K-6Distance: 0.4 mi
- 6/10Enterprise High SchoolGrades: 7-12Distance: 0.4 mi
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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