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633 County Rd, Milton-Freewater, OR 97862 — photograph 1

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633 County Rd, Milton-Freewater, OR 97862 — photograph 1
9.19 Acres

633 County Rd, Milton Freewater

$1,921,519 – $2,401,898

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ActiveMLS®: 420578870Listing held by another brokerage, marked RMLS
Lot size
9.19 acres
Property type
Land
Days on market
120

Overview

CALL FOR PRICING. Rare multifamily development opportunity in Milton-Freewater, Oregon. This approximately 9.19-acre property is zoned R-3, allowing up to 26 units per acre, creating a compelling opportunity for apartments, townhomes, cottage-style housing, senior housing, workforce housing, or a phased residential community. The average pricing for this type of residential project is $6 per square foot. The property offers excellent visibility and access, with frontage near 4th Avenue and proximity to established residential neighborhoods, commercial services, schools, employment, recreation, and downtown Milton-Freewater.City services are available to the property line on 4th Avenue, including a city storm drain system that runs from 4th Avenue toward County Road, helping support future development planning.The existing buildings within the outlined property boundary have been assigned no value due to condition, allowing buyers and developers to focus on the land, zoning, infrastructure access, and redevelopment potential.The total site is approximately 13 acres and may be divided into smaller parcels to accommodate a variety of project types, investment strategies, or phased development plans. With R-3 zoning, utility access, flexible parcel options, and strong regional housing demand, this property offers a unique opportunity for builders, developers, investors, nonprofit housing groups, and long-term land holders. Call for pricing and to discuss an option that may fit your project needs. Can be purchased as whole or in part with MLS #488407914.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
9.19 acres
Lot features
Irrigated / Irrigation Equipment, Trees
View
Yes
View description
Territorial

Schools

High school
McLoughlin
Middle school
Central
Elementary school
Gib Olinger

Location

City
Milton Freewater
County
Umatilla
Zoning
R-3

Taxes and dues

Annual taxes
$68 (2025)

Location

633 County Rd, Milton-Freewater, OR 97862

Map showing the location of 633 County Rd, Milton-Freewater, OR 97862
© Mapbox © OpenStreetMap

Monthly payment estimate

$12,790 /mo

20% · $480,380
7.00%
Principal and interest
$12,784
Property tax (2025)
$6
Total
$12,790

Estimate only, and not an offer of credit. Assumes 20% down ($480,380) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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