For SaleRisky Deal142 days on market
850 W Madrona Ave
850 W Madrona Ave, Hermiston, OR 97838, Hermiston, OR 97838
$239,900
Listing Price
850 W Madrona Ave, Hermiston, OR 97838
Loc: Hermiston, OR
Days Listed
142
Tax Assessed
$203k
Lot Size
7,841 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Rocky Heights Elementary School
K-5
0.4 mi away
4
Armand Larive Middle School
6-8
1 mi away
7
Hermiston High School
9-12
0.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storyhorizontal sidingasphalt shingle roofsuburbanminimalistlow-pitched roofdrivewaycasement windowsneutral exteriorfront walkwayresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.07%
Total ROI
90.8%
Cash Flow
$-31/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-31/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Hermiston
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-16 | Price change | $239,900 | $227 |
| 2026-08-12 | Price change | $252,000 | $239 |
| 2026-07-12 | Price change | $259,900 | $246 |
| 2026-06-11 | Price change | $267,000 | $253 |
| 2026-05-07 | Listed for sale | $275,000 | $260 |
| 2021-06-25 | Sold | $229,000 | $217 |
| 2021-05-07 | Pending sale | $215,000 | $204 |
| 2021-05-03 | Listed for sale | $215,000 | $204 |
| 2008-05-06 | Sold | $99,000 | $94 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $2,482.95 | $118,800 |
| 2022 | $2,406.71 | $111,990 |
| 2021 | $2,350.03 | $108,730 |
| 2020 | $2,269.4 | $105,570 |
| 2019 | $2,209.17 | $102,500 |
| 2018 | $2,199.3 | $99,520 |
| 2017 | $2,147.86 | $96,630 |
| 2016 | $2,046.86 | $93,820 |
| 2015 | $2,046.86 | $81,100 |
| 2014 | $1,929.01 | $81,100 |
| 2013 | $1,624.84 | $81,100 |
| 2011 | $1,842.74 | $83,370 |
| 2010 | $1,787.28 | $80,950 |
| 2009 | $1,752.67 | $78,600 |
| 2008 | $1,549.47 | $76,320 |
| 2007 | $1,557.72 | $74,100 |
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