Shawn Realty 503-515-4499
4 bd • 2 ba • 1,588 sq ft
1502 WALNUT ST, Milton Freewater, OR 97862
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- Bedrooms
- 4
- Total Baths
- 2
- Building Area
- 1,588 sq ft
- Price/Sq Ft
- $201/sq ft
- Year Built
- 1971
- Garage
- 1 space · Attached
- County
- Umatilla
- Annual Tax
- $2,186 (2024)
- Days on Market
- 15 days
- Open House
- None scheduled
Monthly payment
$2,194 per month
- Principal & interest$1,945
- Property taxes$182
- HOA dues$0
- Home insurance$66
- Utilities$0
10% down · 30-year fixed · 7.18% rate · 7.281% APR (est.)
Rate: Freddie Mac weekly average, as of 11/05/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.18% (7.281% APR, estimated). Rate: Freddie Mac weekly average, as of 11/05/2026.
- Down payment: 10% ($31,900) on $319,000; loan $287,100
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $182/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA fee listed in RMLS)
- Home insurance: $66/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
Incredible Opportunity on a Corner Lot – Perfect for Investors or Handyman Buyers!Conveniently located at 1502 Walnut Street, this 4-bedroom, 2-bathroom split-level home offers 1,588 square feet of versatile living space with endless potential. Whether you are an investor looking for a profitable project or a buyer eager to build sweat equity and customize your dream home, this property is a fantastic canvas.The classic split-level layout provides functional, distinct living areas that adapt easily to any lifestyle. While the home needs some tender loving care and cosmetic updates, the strong layout and generous square footage offer a great foundation for immediate value growth.Outside, the property sits on a spacious corner lot featuring a fully fenced backyard—ideal for pets, children, gardening, or weekend entertainment.Situated in a peaceful Milton-Freewater neighborhood, this diamond in the rough is ready for its next chapter. Bring your tools, your vision, and capitalize on this great opportunity. Schedule your showing today!New roof in 2020, new heat pump system2019, new concrete driveway parking pad 2020. Good size corner lot. One car garage. Located across 15th St. from the new Sports Complex.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Single Family Residence |
| Bedrooms | 4 |
| Total Baths | 2 |
| Full Baths | 2 |
| Partial Baths | 0 |
| Building Area (sq ft) | 1588 |
| Lot Size (acres) | 0.15 |
| Lot Size (sq ft) | 6534 |
| Year Built | 1971 |
| Garage Spaces | 1 |
| County | Umatilla |
| Elementary School | Gib Olinger |
| Middle School | Central |
| High School | Mc Loughlin |
| Heating | Forced Air 90 |
| Cooling | Central Air |
| Appliances | Dishwasher |
| Interior Features | Ceiling Fan, Vinyl Floor, Wallto Wall Carpet |
| Exterior Features | Deck, Dog Run, Fenced, Public Road, Yard |
| Basement | Finished, Full Basement, Separate Living Quarters Apartment Aux Living Unit |
| Style | 2 Stories, Split |
| Roof | Composition |
| View | Yes |
| Lot Features | Corner Lot, Level, Public Road |
| Parking | Driveway, Off Street |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $2,186 |
| Tax Year | 2024 |
| Original List Price | $319,000 |
| RMLS # | 472363857 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Dennis Gisi • John L Scott Hermiston
Listing updated: Oct 30, 2026 at 4:09pm
Source: RMLS #472363857
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty