408 W 1st St, Wallowa, OR, 97885
About This Home
Rare multi-use property in Wallowa! Property is zoned Residential-Commercial for a variety of outright allowed and conditional uses. Currently a cozy 2 bedroom, 1 1/2 bath home but could be converted to other desired uses such a drive thru coffee shop with living space? House has recent updates including fiber cement siding, exterior paint, metal roof, and windows. There is both a wood-burning fireplace insert as well as electric heat. Behind the house, there is a detached garage with workshop space and a concrete floor. High-speed internet is available. Located on Main Street Wallowa for ample visibility and a close proximity to the Wallowa Schools. Come take a look and bring your ideas!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
Materials
- Foundation: Concrete Perimeter
- Roof: Metal
- Construction materials: Cement Siding
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Free-Standing Range,Free-Standing Refrigerator,Range Hood,Electric Water Heater,Tank Water Heater
Basement
- Basement: Crawl Space
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
- Main level bathrooms: 2
Features
- Window features: Double Pane Windows,Vinyl Frames
- Number of fireplaces: 1
- Fireplace features: Insert,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Baseboard,Wood Stove
- Cooling features: None
Interior Area
- Total structure area: 1,230
- Total interior livable area: 1,230 sqft
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 5763
- Zoning: Res-Com
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Yard
Lot
- Lot size: 6,534 sqft
- Features: Level,SqFt 5000 to 6999
- Lot size dimensions: 60' x 110'
Parking
- Total spaces: 1
- Parking features: Off Street,On Street,RV Access/Parking,Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Wildfire
- Winter Weather
- Avalanche
- Cold Wave
- Hail
- Ice Storm
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Wallowa County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,360 | $16,320 |
| Home Insurance * | $223 | $2,676 |
| Property Taxes | $345 | $4,140 |
| Electricity | $176 | $2,119 |
| Total | $2,104 | $25,248 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $269,000 |
| 2020-10-15 | Listing removed | $139,000 |
| 2020-08-27 | Listed for sale | $139,000 |
| 2020-08-25 | Pending sale | $139,000 |
| 2020-08-21 | Listed for sale | $139,000 |
| 2018-09-06 | Listing removed | $124,900 |
| 2018-03-05 | Listed for sale | $124,900 |
| 2016-10-14 | Sold | $82,614 |
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