About 61 N Central Avenue
Positioned in the heart of downtown Umatilla, this versatile mixed-use property presents a strong income-producing opportunity with both residential and commercial components. The second-floor features three well-maintained 1-bedroom, 1-bath apartments, all updated with interior paint and remodeling completed in 2015, offering comfortable living spaces ideal for steady rental income. The ground floor is currently configured as a salon/hair studio, with excellent visibility and storefront presence. The layout provides flexibility to accommodate a single user or be demised into two separate commercial units, each with its own entrance and display windows ideal for retail or service-oriented tenants. Additional value is found at the rear of the property, where a detached garage offers potential for supplemental rental income or on-site storage. Parking is conveniently available both curbside and behind the building. Capital improvements include a roof replacement in 2014, along with new gutters and downspouts, and exterior stucco and paint completed in 2015—reducing near-term maintenance concerns. With its central location, multiple income streams, and adaptable layout, this property represents an excellent opportunity for investors or owner-users seeking a foothold in a growing downtown market.
Features of 61 N Central Avenue
| MLS® # | G5111453 |
|---|---|
| Price | $474,000 |
| Square Footage | 3,921 |
| Acres | 0.09 |
| Year Built | 1941 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Active |
Listing Details
| Office | EXP REALTY LLC |
|---|
Listing Map
Neighborhood Information for 61 N Central Avenue
Stable Population, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Umatilla High School Public - 9Th Grade to 12Th Grade - Closest High School |
0 Miles | |
|
Umatilla Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Umatilla Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Altoona School Public - Kindergarten to 5Th Grade |
3 Miles | |
|
The Learning Curve Academy Inc. Private - to |
4 Miles | |
|
|
Lake County Prep Academy Private - to |
5 Miles | |
|
|
Eustis Middle School Public - 6Th Grade to 8Th Grade |
5 Miles |
School data provided by GreatSchools