225 N. Alder Ave, Burns, OR 97720

$190,000 Sold Price
Sold on 10/13/2025
5 Beds
4 Baths
2670 SF
Built In 1889
 
Listing ID 11576089
Property Type House (Attached)
County Harney
Total Tax $1,795
Tax ID 554
FEMA Flood Map fema.gov/portal
Year Built 1889
   
Virtual Tour

Investment Property! Triplex, and Single Wide, Rental Income

This is a great investment opportunity for you to get started with very little down and immediate income. The property consists of a single residence with three separate apartment units in the building. All three are currently rented out and have been for many years. There is also a stand alone single wide trailer that is also part of the property and is currently rented out with long term tenants. The triplex was built in 1889, each unit has its own kitchen, bathroom, living area and bedroom. The building has dual pane windows, metal siding and metal roof. Also has a combined front yard area, with parking in the front on the street and in the back. The single wide trailer was built in 1976. It is a 2 bed 1 bath with a large living/kitchen area. This property is zoned commercial. The property also has three storage units in the back which are also included in the sale. All 4 units are occupied and all renters are happy to be there. Rent is as follows. Unit #1- $525 Per month Unit #2- $600 Per month Unit #3- $475 Per month Single Wide- $700 Per month Total of: $2,300 Per Month Rental Income. Owner will carry the note on the property with $24,000 down monthly payments at 9% interest, over 20 years with payments of no less than $1,500 per month. Excellent investment income right off the bat with little down.
Property Details
  • 5 Total Bedrooms
  • 4 Full Baths
  • 2670 SF (AG)
  • 2670 SF (Total)
  • 0.23 Acres
  • Built in 1889
  • 1 Story
  • Available 9/17/2025
  • Ranch Style
  • Renovation: This is a triplex complex and a stand alone single wide trailer. 4 units altogether.
Interior Features
  • Galley Kitchen
  • Oven/Range
  • Refrigerator
  • Washer
  • Dryer
  • Carpet Flooring
  • Laminate Flooring
  • Linoleum Flooring
  • 5 Rooms
  • Living Room
  • Kitchen
  • Laundry
  • Forced Air
  • Electric Fuel
Exterior Features
  • Frame Construction
  • Aluminum Siding
  • Metal Roof
  • Rubber Roof
  • Municipal Water
  • Municipal Sewer
  • Fence
  • Covered Porch
  • Corner
  • Trees
  • Utilities
  • Street View
  • City View
Taxes and Fees
  • $1,795 County Tax
  • $1,795 Total Tax
  • Tax Year 2024
Sale Information
  • Sold on 10/13/2025
  • Sold for $190,000
Previously Listed By
Paramore Real Estate
Office: 541-573-3639
Mobile: 541-413-1717
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