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Listed by Northwest Realty Source • info@nwrealtysource.com
$ 869,000
Est. payment | /mo
3,336 SqFt
$ 869,000
Est. payment | /mo
3,336 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,336 sqft
Price per Sqft $260
MLS Listing ID 423369335
Year Built 1982
Annual Tax Amount $5,828
Tax Year 2024
Lot Size 0.270 Acres
Property Description
Fantastic investment opportunity! This well-cared-for 4-plex delivers solid income with room for growth, boasting a CAP rate of 6.53%. Each spacious unit comes fully equipped with a refrigerator, range, dishwasher, washer/dryer, window coverings, and a private storage unit—providing tenants with all the essentials for easy living. The property has been thoughtfully updated with attic and floor insulation, sealed ducts, and forced-air heat pumps that offer efficient heating and cooling. Outside, enjoy a low-maintenance setup thanks to the underground sprinkler system and a paved off-street parking lot accommodating 6–8 vehicles. Utilities are separately metered, with tenants covering their own costs, making this a clean and efficient operation. With a history of long-term tenants and dependable rental income, this is a true turn-key investment you won't want to miss!
Location
State OR
County Wasco
Area _351
Zoning RH
Rooms
Basement Crawl Space
Interior
Heating Heat Pump
Cooling Heat Pump
Exterior
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Trees
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Dry Hollow
Middle Schools The Dalles
High Schools The Dalles
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Mitch Foteff
Partner | Lic# LIC# 201106062