$479000
5 Bed
4 Bath
3668 SqFt
1 DOM
Built: 1924
Real Estate Agent
(503) 336-1515Investment 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.
Listing Provided Courtesy of Lori Clark, Ginnie Mooney Real Estate
769220700
1 DOM
5
5227.2 SqFt
4
3668
1924
RH
Wasco
6349
Dry Hollow
The Dalles
The Dalles
MultiFamily
SECTION 26 TOWNSHIP 1N RANGE 11E QUARTER PRCL 400 MAPTAX LOT: 01N13E10BA02600 00
Listing Provided Courtesy of Lori Clark, Ginnie Mooney Real Estate
Mohan Realty Group data last checked: Aug 16, 2025 05:17 | Listing last modified Aug 15, 2025 14:53,
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