Property Details
314 Columbia Street
Milton-Freewater, OR 97862
$350,000
Active
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Property Overview
This well-maintained triplex in the heart of Milton-Freewater is easy to keep tenants in. Convenient to shopping, parks and easy access to Walla Walla or Pendleton. Each unit is fully accessible with entry ramps and roll-in showers, all appliances including washer/dryer. The end units share the large deck and all units share the yard. Two units are recently updated. This would be an easy way for a first time buyer to get into the market with rent from two units to help cover the mortgage payments. Great for investors; potential as a short term rental-VRBO/Airbnb.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Umatilla
Neighborhood
Oregon
Listed
Mar 3, 2026
Financial Summary
Cap Rate
3.00%
Net Operating Income
$10,900
Gross Scheduled Income
$21,900
Gross Rent Multiplier
15.98
Total Expenses
$38,146
Building & Use
Building Sq Ft
2,194
Leasable Area
2,194 sqft
Total Units
3
Lot Size
10,019 sqft
Year Built
1980
Exterior & Lot
Lot Size
0.23 sqft
Year Built
1980
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot
Exterior Features
Wood Products
Location
City
Milton-Freewater
County
Umatilla
Coordinates
45.93208, -118.38848
Additional Information
Tax Year
2025
Annual Taxes
$34,600
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
