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The Dalles,OR 97058
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,668 sqft
Price per Sqft $130
MLS Listing ID 769220700
Year Built 1924
Annual Tax Amount $3,659
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
Investment Opportunity – Multi-Family Property with Strong Income in The Dalles, ORConsistent rental income meets future growth potential in this well-located multi-family property. Currently configured as Three residential rental units with a gross annual income of $55,200, this property offers both immediate cash flow and value-add opportunities. The main level includes an unfinished space ideal for conversion into a small studio apartment or office to increase revenue. The basement also has unfinished square footage, perfect for adding secure storage units for tenants.Property highlights: 3 existing units in fair condition – steady occupancy historyPotential 4th unit in main-level unfinished space. Basement with conversion potential for storage income. Off-street and street parking for tenant convenience.Great territorial and mountain views enhance tenant appeal.Located in an established residential neighborhood with easy access to downtown, services, and amenities. Whether you're expanding your portfolio or making your first multifamily investment, this property offers reliable income today and room for increased returns tomorrow.Offered at: $479,000 please allow 48 hours notice for appointments.
Location
State OR
County Wasco
Community Alllandscaping
Area _351
Zoning RH
Rooms
Basement Daylight, Unfinished
Interior
Heating Baseboard, Mini Split
Cooling Mini Split, Wall Unit
Exterior
Community Features AllLandscaping
View Mountain, Territorial
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Gentle Sloping, Level
Story 2
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Dry Hollow
Middle Schools The Dalles
High Schools The Dalles
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional