Vale OR Multi Family for Sale

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Type:
Other
Sq.Ft.:
4,985
Status:
Active
Beds:
1
Lot size:
0.06 Acres
Year built:
1910
Baths:
1.00
MLS#:
98915602
Subdivision:
0 Not Applic.

ADDITIONAL INFORMATION

Experience the epitome of convenience and opportunity in downtown Vale, Oregon! This meticulously maintained residential/commercial building offers a prime investment opportunity with multiple offices for rent and a spacious apartment. Nestled in the heart of the bustling downtown district, this property boasts high visibility and foot traffic, making it an ideal location for businesses. With its versatile layout and strategic location, seize the chance to elevate your investment portfolio and capitalize on the vibrant Vale market. Don't miss out on this rare gem – schedule your viewing today!

Type:
Other
Sq.Ft.:
4,439
Status:
Active
Beds:
7
Year built:
1907
Baths:
5.00
MLS#:
98911011
Subdivision:
0 Not Applic.

ADDITIONAL INFORMATION

Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.

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Andrea Conner, License # DB48170, Xome Inc., License # CO40878, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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Vale Real Estate

The median home value in Vale, OR is $262,900. This is higher than the county median home value of $257,700. The national median home value is $338,100. The average price of homes sold in Vale, OR is $262,900. Approximately 45.64% of Vale homes are owned, compared to 38.21% rented, while 16.15% are vacant. Vale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Vale real estate agent to arrange a tour today!

Vale, Oregon has a population of 2,151. Vale is less family-centric than the surrounding county with 25.87% of the households containing married families with children. The county average for households married with children is 29.5%.

The median household income in Vale, Oregon is $38,281. The median household income for the surrounding county is $47,906 compared to the national median of $69,021. The median age of people living in Vale is 28.7 years.

Vale Weather

The average high temperature in July is 92.7 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 10.2 inches per year, with 11.8 inches of snow per year.

Vale Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    40
    30-day change

Vale Schools and Demographics

Education near Vale, OR

Metric City County
High School Graduates 86.62 81.49
College Degree - 2 year 11.92 9.98
College Degree - 4 year 10.95 14.12
Graduate Degree 1.62 3.78
Expenditures per Student 16,521 16,521
Students per Teacher 15.9 15.9

Elementary Schools near Vale, OR

School Grades Students P/T Ratio ZIP
Aiken Elementary School KG - 05 276 19 97914
Alameda Elementary School KG - 06 407 19.4 97914
Annex Charter School KG - 08 66 13.9 97914
Cairo Elementary School KG - 05 137 20.3 97914
Four Rivers Community School KG - 08 252 19.4 97914
May Roberts Elementary School KG - 06 406 23 97914
Pioneer Elementary School KG - 05 130 19.3 97914
Vale Elementary School KG - 06 433 18.8 97918
Willowcreek Elementary School KG - 06 65 18.6 97918

Middle Schools near Vale, OR

School Grades Students P/T Ratio ZIP
Ontario Middle School 07 - 08 343 17 97914
Vale Middle School 07 - 08 138 17.3 97918

High Schools near Vale, OR

School Grades Students P/T Ratio ZIP
Ontario High School 09 - 12 704 18.6 97914
Vale High School 09 - 12 287 17.4 97918

Demographics near Vale, OR

Metric City County
Neighborhood Type Small town
Population 2,151 31,313
Population Density 1,895 3
Median Age 28.7 35.8
People per Household 3.2 2.8
Median Household Income 38,281 47,906
Average Income per Capita 16,336 20,436