Exclusive Offering
Sixth Street Apartments
1431 6th St, Umatilla, OR 97882
A 10 unit multifamily investment opportunity on approximately 0.50 acres in Umatilla, Oregon.
Pricing
$875,000
$87,500 Per Unit
The Rhoades Group of Marcus and Millichap is pleased to exclusively present the Sixth Street Apartments, a ten unit multifamily investment opportunity located in Umatilla, Oregon. The property consists of one building on a 0.42 acre tax lot and was originally constructed in 1949. Over time, the asset has been significantly upgraded and modernized.
Full financials and property sale information are available in the Offering Memorandum.
Property Overview
A Workforce Multifamily Asset in Umatilla
During the current owner's 20 plus years of ownership, the property has been professionally managed and consistently maintained, with key capital improvements including updated electrical wiring in 2010, new electrical panels in 2025, a fire rated 30 year membrane roof installed in 2015 with blown in fiberglass attic insulation, heat pumps added to all units in 2014, and new insulated front doors and vinyl windows also completed in 2014.
Units
10
Year Built
1949
Asset Type
Multifamily
Unit Summary
Unit Mix
| Unit Type | # Units | Approx SF |
|---|---|---|
| 1 Bed / 1 Bath Flat | 6 | 400 |
| 2 Bed / 1 Bath Flat | 3 | 600 |
| Storage / Vacant 1 Bed 1 Bath | 1 | 400 |
| Total | 10 | 460 avg |
Weighted average unit size of approximately 460 square feet. Unit 10 is currently vacant and fully gutted, providing immediate upside through renovation and lease up.
Gallery
Property Photos
Location
Columbia River Corridor, Umatilla, Oregon
Umatilla is located in northeastern Oregon along the Columbia River, near the junction of Interstate 82 and U.S. Highway 730. The city benefits from direct access to regional trade corridors connecting Portland, the Tri Cities, and the Inland Northwest. Its proximity to Hermiston and Kennewick expands employment access while maintaining lower housing costs.
Key infrastructure includes the Port of Umatilla, regional rail connections, and energy generation facilities, all of which support a diverse employment base. Umatilla's strategic location within a growing logistics and energy corridor, combined with constrained housing supply, supports stable occupancy and long term multifamily investment performance.
Downloads
Access the Full Offering Memorandum
Execute the Confidentiality Agreement to download the complete Offering Memorandum, including financials, rent roll, operating data, and pricing details.
Contact
Listing Advisors
Whitney Rhoades
Managing Director Investments
Marcus and Millichap | The Rhoades Group
Nygel Drury
Senior Director Investments
Marcus and Millichap | The Rhoades Group