703 18th St, La Grande, OR 97850

La Grande
Local realty services provided by:Knipe Realty ERA Powered
703 18th St,Lagrande, OR 97850
$790,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jim reiter
Office: columbia equity advisors503-913-1943
MLS#:785385602
Source:PORTLAND

Price summary

  • Price:$790,000

About this home

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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Home facts

  • Year built:1950
  • Listing ID #:785385602
  • Added:87 day(s) ago
  • Updated:September 23, 2026 at 11:55 AM

Structure and exterior

  • Year built:1950
  • Lot area:1 Acres
  • Lot Features:Level, Private Road

Schools

  • High school:La Grande
  • Middle school:La Grande
  • Elementary school:Central

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$790,000
  • Tax amount:$2,857 (2025)

Parking

  • Parking description:Off Street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: September 23, 2026

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