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606 SW 2nd St
D Composite 43.47
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +15.0/15.0
  • Cash flow +12.1/30.0
  • DSCR +3.6/10.0
  • Livability +3.1/5.0
  • Schools +3.0/10.0
  • Condition / age +2.5/5.0
  • 1% rule +2.4/10.0
  • Rent growth +1.8/5.0
  • Appreciation +0.0/10.0

$182,500

606 SW 2nd St · Pendleton, OR 97801
3 bd · 1.0 ba · 1,310 sqft · SingleFamily public records · 140 Days on market
Built 1916 2,613 sqft lot $139/sqft · 19% below area Est $226k · 19% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

Key facts

  • Covered front porch
  • Tool shed
  • Walk-in closets

Tags

COVERED FRONT PORCHFENCED BACKYARDTOOL SHEDWALK-IN CLOSETSLARGE LAUNDRY ROOMKITCHEN OPENS TO BACKYARD

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $182k.

Deal economics

  • At list price, monthly cash flow is $-42 ($-500/yr) — negative.
  • To cash-flow at today's rent, offer at most $175k (4.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $136k (25.6% below list).
  • Recommended offer: $136k (25.6% below list) — sets the bar for 1% rule.
  • Cap rate 6.0% vs local median 3.2% in Pendleton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 61/100 on livability (#267 in OR) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A; Watch: employment D+, crime D-, amenities F.
  • Pendleton SD 16 (town): math 27% / reading 43% proficiency, ranked #24 of 58 in OR (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Pendleton Early Learning Center (224 students, 84% FRL); Sunridge Middle School (math 28% / reading 43%, grade F, #59 of 128 statewide, top 46%, 637 students, 65% FRL); Pendleton High School (math 22% / reading 62%, grade F, #67 of 143 statewide, top 46%, 795 students, 73% FRL) — zoned schools average 74% FRL vs 44% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents soft (-2.7%/yr); 141 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 205 units permitted in Umatilla County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Umatilla County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • It's been on market 140 days — a 12% lower offer ($161k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts; this cycle's ask has dropped $22k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $114k; list at $182k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1916 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $135,864 (25.6% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 140 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
  3. Built in 1916 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.74%
Cap rate
6.02%
Cash-on-cash
-0.98%
DSCR
0.96
GRM
11.2

CMA / ARV

ARV (median comp)
$225,585
List price
$182,500
Delta
-19.10%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
937 SE 2nd St 0.35mi 3/2.0 1,281 (-2%) 8mo $275,000 $215 69
18 SE Kirk Ave 0.35mi 3/2.0 1,248 (-5%) 14mo $290,000 $232 60
711 SE 8th St 0.48mi 3/1.0 1,120 (-14%) 1mo $265,000 $237 53
818 SW 10th St 0.43mi 3/1.0 1,162 (-11%) 10mo $265,000 $228 53
728 SE 6th St 0.42mi 3/1.0 1,171 (-11%) 12mo $250,000 $213 53
6 SE Kirk Ave 0.34mi 3/2.0 1,430 (+9%) 16mo $308,200 $216 52
429 SW 15th St 0.67mi 3/1.0 1,217 (-7%) 7mo $108,000 $89 51
912 SW Goodwin Pl 0.38mi 3/1.0 1,471 (+12%) 13mo $230,000 $156 51
159 SW Nye Ave 0.44mi 4/2.0 (+1) 1,200 (-8%) 13mo $285,000 $238 46
1410 SW Frazer Ave 0.64mi 3/2.0 1,433 (+9%) 10mo $260,000 $181 42
214 NW 8th St 0.60mi 2/1.0 (-1) 1,210 (-8%) 20mo $257,000 $212 38
104 NW 12th St 0.70mi 3/1.0 1,140 (-13%) 11mo $260,000 $228 37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-21.0%
Equity multiple
0.29×
Total profit
$-36,277
Equity at exit
$27,211
10-year hold
IRR
-22.0%
Equity multiple
0.01×
Total profit
$-50,676
Equity at exit
$15,779

Cash invested: $51,100 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
28 Tenant-Leaning
State Oregon
28 Tenant-Leaning · D+6
County
— inherits STATE
City
— inherits STATE
SB608 (2019): statewide rent cap (7% + CPI) and just-cause for tenancies > 1 yr. Portland has relocation assistance ordinance.

ZIP-level market 97801

Rents YoY
-2.7%
Active inventory
141
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$1,359 high interval (Pro) →
Mortgage (P&I)
$957
Tax from tax record
$82 /mo · $983/yr
Insurance
$76
HOA
$0
Vacancy / Maint / Mgmt
$285
Net cashflow
$-42

Break-even live

Break-even rent $1,411
Max offer price $175,140
Occupancy floor 98%

Sensitivity live

Price -10% $62 -5% $10 +0% $-42 +5% $-93 +10% $-145
Rent -10% $-149 -5% $-95 +0% $-42 +5% $12 +10% $66
Rate -1.0pp $50 -0.5pp $5 base $-42 +0.5pp $-89 +1.0pp $-137

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$45,625
Closing costs
$5,475
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
623 SW 4th St Unit 1 Pendleton, OR 3.0 2.0 945 $1,300 $1.38 45d 1 0.12mi
438 SW 5th St Pendleton, OR 2.0 1.0 795 $1,145 $1.44 45d 4 0.15mi
824 SW 7th St Pendleton, OR 3.0 1.0 1300 $1,225 $0.94 45d 1 0.31mi
225 NW 12th St Pendleton, OR 3.0 1.0 1144 $1,350 $1.18 45d 1 0.76mi
1405 NW Despain Ave Pendleton, OR 3.0 1.0 986 $1,300 $1.32 45d 1 0.85mi
2601 SW Hailey Ave Pendleton, OR 1.0–2.0 2.0 816 $1,300 $1.59 45d 4 1.16mi
2201 SW Nye Ave Pendleton, OR 2.0–3.0 1.0–1.5 1350 $1,395 $1.03 45d 2 1.34mi

Listing history 33 events

  1. 2026-06-22
    days on market $182,500 Active 140 DOM
  2. 2026-06-19
    days on market $182,500 Active 137 DOM
  3. 2026-06-18
    days on market $182,500 Active 136 DOM
  4. 2026-06-17
    days on market $182,500 Active 135 DOM
  5. 2026-06-16
    days on market $182,500 Active 134 DOM
  6. 2026-06-15
    days on market $182,500 Active 133 DOM
  7. 2026-06-14
    days on market $182,500 Active 131 DOM
  8. 2026-06-12
    days on market $182,500 Active 130 DOM
  9. 2026-06-09
    days on market $182,500 Active 127 DOM
  10. 2026-06-08
    days on market $182,500 Active 126 DOM
  11. 2026-06-07
    days on market $182,500 Active 125 DOM
  12. 2026-06-03
    days on market $182,500 Active 121 DOM
  13. 2026-06-02
    days on market $182,500 Active 120 DOM
  14. 2026-06-01
    days on market $182,500 Active 119 DOM
  15. 2026-05-31
    days on market $182,500 Active 118 DOM
  16. 2026-05-30
    days on market $182,500 Active 117 DOM
  17. 2026-04-23
    status Active 897-char remark
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  18. 2026-04-23
    status Active 897-char remark
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  19. 2026-04-06
    status Pending 897-char remark
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  20. 2026-04-06
    status Pending 897-char remark
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  21. 2026-02-17
    price $191,000 897-char remark
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  22. 2026-02-15
    price $191,000 897-char remark
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  23. 2026-02-10
    price $200,000 897-char remark
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  24. 2026-01-21
    price $200,000 897-char remark
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  25. 2026-01-20
    listed $204,999 Active 897-char remark
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  26. 2026-01-20
    historical
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  27. 2025-12-29
    listed $204,999 Active 897-char remark
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  28. 2025-12-29
    listed $204,999 Active
    Show marketing remark (897 chars)

    Welcome home to this adorable, updated farmhouse-style beauty in Pendleton! With 3 bedrooms, 1.5 baths, and 1,310 sq ft, this home is truly move-in ready and full of character. Start your mornings on the 20x8 covered front porch, then enjoy comfortable living with a cozy living room and a spacious dining area that could easily double as a family room or flex space. The kitchen opens to the backyard for effortless entertaining and indoor/outdoor meals. A full bath and large laundry room with great storage complete the main level. Upstairs you'll find three comfortable bedrooms, two featuring walk-in closets, plus a convenient half bath. Outside, the fenced backyard offers room to relax, play, or garden, along with a tool shed for extra storage. Newer central air and forced-air heat add comfort year-round. Close to restaurants, shopping, parks, schools, and more, this one is a must-see!

  29. 2025-08-06
    soldstatus $114,000 Closed
  30. 2025-06-17
    status Pending
  31. 2025-06-10
    price $120,000
  32. 2025-05-06
    price $140,000
  33. 2025-03-31
    listed $155,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OR · Resets to sale price

Current annual tax
$983 · $82/mo
Projected year-2 tax
$1,770 · $148/mo
Expected delta
+$787/yr (+$66/mo · 80.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 7/10 Severe
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 7/10 Severe 8 unhealthy d/yr today · 9 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$16,304
− Mortgage interest
−$10,223
− Property taxes
−$983
− Insurance
−$912
− Repairs & maintenance
−$1,304
− Management
−$1,304
− Depreciation
−$5,309
Taxable loss
−$3,732
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$896
After-tax cash flow
$396/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Pendleton SD 16
NCES district ID
4109510
Math proficiency
27% ▼ -11.00%
Reading proficiency
43% ▼ -7.00%
Median HH income
$49,009
Composite
30.19/100
National rank
#6315
State rank
#24 of 58 in OR

Livability — Pendleton

Score
61/100
State rank
#267
US rank
#17964

Category grades

Amenities F Commute F Cost of living A Crime D- Employment D+ Housing A+ Health & safety F User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Pendleton, OR
County
Umatilla County · 29,551 people
City population
21,575
Metro
Hermiston-Pendleton, OR
Population (ZIP)
21,575
Household income
$71,639
Rent vs Own
39.3% rent · 60.7% own
Severe rent burden
866.0

Population outlook (Umatilla County) Hauer SSP2

Today (2025)
76,329 people
By 2030
75,975 · -0.5%
By 2040
75,119 · -1.6%
By 2050
74,058 · -3.0%
By 2075
70,639 · -7.5%
By 2100
63,441 · -16.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (75%)
Race & ethnicity
White 75% Two or more races 11% Hispanic / Latino 10% Native American 7%
Hispanic origin (detail)
Mexican 8%
Common ancestry
Italian 4% Slovak 4% Portuguese 4%
Foreign-born
2% · Canada
Languages at home
93% English-only · Spanish 6%

Political lean MEDSL · Umatilla

2024 margin
Solid R (+37.8) · D 29.7% · R 67.5% · Other 2.8%
2008→2024 swing
-15.1pp toward R · 2008: -22.6pp · 2024: -37.8pp
All cycles
2024: R+37.8 2020: R+32.0 2016: R+35.6 2012: R+28.1 2008: R+22.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -312.42%
Current HPI
198.6911
Rent YoY
▼ -2.66%
Metro
Hermiston-Pendleton, OR
State GDP YoY
▲ 2.05%
F500 in state
2

Industry mix (Fortune 500 HQ in OR)

Industry F500 HQs Revenue

Price history

+23.2% since first listed
17 events — show timeline
  • 2026-04-23 Relisted MLSCO
  • 2026-04-23 Relisted RMLS
  • 2026-04-06 Pending MLSCO
  • 2026-04-06 Pending RMLS
  • 2026-02-17 Price Changed $191,000 MLSCO
  • 2026-02-15 Price Changed $191,000 RMLS
  • 2026-02-10 Price Changed $200,000 MLSCO
  • 2026-01-21 Price Changed $200,000 RMLS
  • 2026-01-20 Listing Removed MLSCO
  • 2026-01-20 Listed $204,999 MLSCO
  • 2025-12-29 Listed $204,999 MLSCO
  • 2025-12-29 Listed $204,999 RMLS
  • 2025-08-06 Sold (MLS) $114,000 RMLS
  • 2025-06-17 Pending RMLS
  • 2025-06-10 Price Changed $120,000 RMLS
  • 2025-05-06 Price Changed $140,000 RMLS
  • 2025-03-31 Listed $155,000 RMLS

Property tax history

+2.4%/yr

Latest (2025): $983 · +2.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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