• Office Phone - 503.538.2101
  • Cell - 503.860.9155

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Listing provided courtesy of Columbia Equity Advisors- MLS# 785385602MLS Provider

703 18TH STLa Grande, OR 97850

Multi-Family · 1.00 Acres
$800,000 Active

703 18TH ST Overview

Time on Site:
3 days
Visits:
1

Rocks Trailer Court is an established all-ages 17-space mobile home park located in La Grande, Oregon. Offered at $800,000 with an impressive 9% cap rate, this 1-acre property features a flexible general commercial zoning, paved roads and city utilities'no risk of septic failure! All utilities are efficiently billed back to the tenants. An exceptional value-add opportunity awaits by filling current vacancies (due to recent clean up), moving existing below-market rents towards current market rent and adding storage units in the park's open area. Furthermore, Rocks Trailer Court qualifies for Oregon's maximum 9.5% rent increase - significantly outperforming the 6% cap imposed on larger parks.

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703 18TH ST Facts & Features

  • Type Multi-Family
  • Lot 1.00 Acres

Details

General

School Information

  • Elementary School: Other
  • Middle Or Junior School: La Grande
  • High School: La Grande

Income/Expenses

  • Gross Income: 107095.0
  • Net Operating Income: 72540.0
  • Operating Expense: 34555.0

Building Information

  • Year Built: 1950

Location/Region

  • Country: US
  • County Or Parish: Union
  • MLS Area Major: 440 - Union County

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 2857.04
  • Tax Year: 2025

General Information

  • Listing Terms: Call Listing Agent,Cash,Contract,Conventional,Owner Will Carry
  • Parcel Number: 3935
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: GC

Interior

General Information

  • Heating: None

Exterior

Parking Information

  • Parking Features: Off Street

Lot Information

  • Lot Features: Level,Private Road
  • Lot Size Acres: 1.0
  • Lot Size Square Feet: 43560.0
  • Water Source: Public Water

General Information

  • Number Of Units Total: 17
  • Sewer: Public Sewer

703 18TH ST Neighborhood

Community

97850 (Island City) Demographics

37
Median Age
60
Population Density (per sq. mile)
35%
College Educated
$51,230
Estimated Median Income
4,299
Estimated Total Home Owners
2,772
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

703 18TH ST Monthly Cost

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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

703 18TH ST Market Data

Based on the last 30 days in this zip code

$417,996
Average List Price
$213
Average Price per Square Foot
11
Properties Sold
97
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

703 18TH ST History

Date Event Value Agent
6/27/2026Source: Regional MLS Added to Database
June 27, 2026