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Listed by The Broker Network, LLC

$2,830,000

Est. payment - /mo

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40,075 SqFt

Active

1106 EMERSON DR #1-17 The Dalles, OR 97058

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 40,075 sqft

Price per Sqft $70

MLS Listing ID 593621914

Year Built 1942

Annual Tax Amount $11,888

Tax Year 2025

Lot Size 0.940 Acres

Property Sub-Type Commercial

Property Description

Welcome to "Emerson Cottages", a 17-unit turnkey gem in the heart of The Dalles, Oregon. This charming cluster of duplex cottages isn't just an investment, its a community. Sixteen of the units are two-bedroom, one-bath layouts with open kitchens and living areas, perfect for modern living with vintage charm. There is one studio unit that is currently used as an office (currently not rented), it can either generate additional rental income or offset costs for an on-site manager, flexibility that adds real value. The property is in good condition, with systematic upgrades completed as units are vacated, while additional upside exists for an investor ready to enhance the remaining units. Emerson Cottages meets the growing demand for quality housing in the area. Some units offer breathtaking views of the surrounding landscape, making Emerson Cottages a picturesque place to live. Step outside and enjoy the common area that includes a play structure. There is a separate on-site coin operated laundry room, and a true community atmosphere. With an average unit size of 730 square feet, this property blends charm, comfort, presenting a cash-flowing, turnkey investment with clear upside potential through renovation and rent optimization. Property is also located in an "opportunity zone!" See MLS #597615258 multi-family as well. Motivated sellers!

Location

State OR

County Wasco

Area _351

Zoning Comm

Interior

Heating Baseboard, Mini Split, Zoned

Cooling Mini Split

Equipment SecuritySystem

Exterior

View Mountain, Territorial

Roof Type Composition,Metal

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://vimeo.com/1186308970?share=copy&fl=sv&fe=ci

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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