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$432,000

  • Sold
  • Sold
  • Single Family
  • 1 Bed
  • 2 Full Baths
  • 1,180 Sq. Ft.
See This Home
Save This Home
See This Home
Save This Home
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!

Full Property Details for 306 NW 1st St

General

  • Sold For: $432,000
  • Taxes: $2,794 (2024)
  • Status: Sold
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 157984943
  • Added to Site: 300 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Furnished, Granite, Laminate Flooring
  • Fireplace(s): Propane, Stove
  • Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Granite, Microwave, Stainless Steel Appliance(s)

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 1
  • Primary Bedroom: Main

Other Rooms

  • Living Room: Main
  • Family Room: Main
  • Kitchen: Main

Additional Information

  • Security/Safety: Security Lights, Sidewalk

Exterior

  • Exterior Features: Deck, Fenced, Guest Quarters, Porch, RV Parking, Second Garage, Tool Shed, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway, RV Access/Parking

Location

  • County: Wallowa
  • Driving Directions: Hwy 82 turn on 1st and then turn on Park

School Information

  • Midd School District: Enterprise
  • Elementary School: Enterprise
  • Middle School: Enterprise
  • High School: Enterprise

Community

  • Community Name: 470 - Wallowa County

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Mini Split
  • Heating Type: Ductless, Mini Split, Zoned
  • Heating Fuel: Electricity, Propane

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Cabin, Log
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Windows: Vinyl Frames
  • Stories/Levels: 1
  • Square Feet: 1,180
  • Year Built: 2008
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Paved
  • Lot Features: Corner Lot, Level, Public Road

Financial Considerations

  • Tax Amount: $2,794.37
  • Tax Year: 2024
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Disclosures/Reports: Disclosure
  • Property ID: 681

Listed by Real Estate Associates (541) 432-4060, Robin Despain (541) 398-0300
Sold by Ruby Peak Realty, Inc. (541) 432-5000, Kate Crawford

Listing agent

— 306 NW 1st St —

  • Robin Despain

    Real Estate Associates

    541-432-4060

541-432-4060

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 306 NW 1st St

School District:Enterprise School District 21
NameGradesDistance
Enterprise Elementary School, Enterprise, OR
201 Southeast 4th Street, Enterprise, OR 97828
K-60.4 mi
Enterprise High School
201 Southeast 4th Street, Enterprise, OR 97828
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 306 NW 1st St

Date
Details
Price
Change
Source
7/23/2025
Sold
$432,000
-3.79%
MLS
3/22/2025
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Real Estate Associates (541) 432-4060, Robin Despain (541) 398-0300
Sold by Ruby Peak Realty, Inc. (541) 432-5000, Kate Crawford

Just Listed near 306 NW 1st St

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83584 Troy Rd, Wallowa, OR 97885 - Photo 1 Just Listed
$19,800,000

83584 Troy Rd  Wallowa, OR 97885

  • Single Family
  • Active
  • Updated 6 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,632
    Sq. Ft.
Listed by Uslandco Llc, Evan Kaseberg

Recent Sales near 306 NW 1st St

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303 SW 2nd St, Enterprise, OR 97828 - Photo 1 Sold
$395,000

303 SW 2nd St  Enterprise, OR 97828

  • Single Family
  • Sold
  • 3
    Beds
  • 3
    Total Baths
  • 3,468
    Sq. Ft.
Listed by Ruby Peak Realty, Inc., Diane Daggett
Sold by Homestead Co., Adam Saxton
203 Litch St, Enterprise, OR 97828 - Photo 1 Sold
$395,000

203 Litch St  Enterprise, OR 97828

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 1,934
    Sq. Ft.
Listed by Ruby Peak Realty, Inc., Michele Baird
Sold by Ruby Peak Realty, Inc., Kate Crawford
202 E Alder St, Enterprise, OR 97828 - Photo 1 Sold
$439,000

202 E Alder St  Enterprise, OR 97828

  • Single Family
  • Sold
  • 4
    Beds
  • 3
    Total Baths
  • 3,224
    Sq. Ft.
Listed by Ruby Peak Realty, Inc., Kate Crawford
Sold by Ruby Peak Realty, Inc., Diane Daggett
64857 Mawhin Rd, Enterprise, OR 97828 - Photo 1 Sold
$485,000

64857 Mawhin Rd  Enterprise, OR 97828

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 1,709
    Sq. Ft.
Listed by Wallowa Mountain Properties, Mike Lavezzo
Sold by Ruby Peak Realty, Inc., Kate Crawford

306 NW 1st St, Enterprise, OR 97828 (MLS# 157984943) is a Single Family property that was sold at $432,000 on July 23, 2025. Want to learn more about 306 NW 1st St? Do you have questions about finding other Single Family real estate for sale in Enterprise? You can browse all Enterprise real estate or contact a Coldwell Banker agent to request more information.