$450000
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4 Bed
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2 Bath
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1672 SqFt
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2 DOM
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Built: 1900
- Status: Active
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Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Amazing opportunity with incredible flexibility in the heart of town. This unique property spans three dividable lots with CDC zoning, opening the door to commercial, residential, or mixed use. Imagine live/work space for creative services, wellness practices, or boutique businesses—all within easy walking distance of downtown cafés, Shannon’s ice cream shop, the natural food store, the Art Center, and more.The property features a charming duplex full of character. One apartment is vacant and ready, while the other is month-to-month, offering income potential or flexibility for an owner-occupant. Both units include new washer/dryer sets, beautiful wood floors (some reclaimed from a bowling alley), and inviting outdoor spaces: a front patio perfect for morning coffee and a private back deck for evening cocktails.The setting is truly one-of-a-kind, framed by a dramatic 30' natural rock wall that creates a striking painterly backdrop, with natural rock walls continuing into the basement apartment for added charm. Behind a secure gate, there are at least eight parking spaces and the entire property is fully fenced.With a cap rate over 7%, three separately dividable lots, and flexible CDC zoning, this is a rare chance to combine investment, creativity, and lifestyle in one remarkable property.
Listing Provided Courtesy of Philip Mascher, Cascade Hasson Sotheby's International Realty
General Information
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350608627
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2 DOM
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4
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3049.2 SqFt
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2
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1672
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1900
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CDC
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Wasco
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3756
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Colonel Wright
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The Dalles
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The Dalles
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MultiFamily
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SECTION 3 TOWNSHIP 1N RANGE 13E QUARTER CD PRCL 7400 MAPTAX LOT:
Listing Provided Courtesy of Philip Mascher, Cascade Hasson Sotheby's International Realty
Mohan Realty Group data last checked: Sep 26, 2025 07:25 | Listing last modified Sep 25, 2025 05:24,
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