REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by The Broker Network, LLC
$ 3,000,000
Est. payment | /mo
40,075 SqFt
$ 3,000,000
Est. payment | /mo
40,075 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 40,075 sqft
Price per Sqft $74
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.
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://video214.com/play/L2LVVLnt5UeEnnIykoi1bQ/s/dark
