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Listed by The Broker Network, LLC

$3,000,000

Est. payment - /mo

40,075 SqFt

New

1106 EMERSON DR The Dalles, OR 97058

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 40,075 sqft

Price per Sqft $74

Subdivision 406: Neighborhood Commercial

MLS Listing ID 597615258

HOA Y/N No

Year Built 1942

Annual Tax Amount $11,888

Tax Year 2025

Lot Size 0.940 Acres

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!"

Location

State OR

County Wasco

Community Commons, Laundry

Area _351

Zoning Comm

Rooms

Basement Crawl Space

Interior

Heating Baseboard, Mini Split, Zoned

Cooling Mini Split

Exterior

Garage Spaces 1.0

Community Features Commons, Laundry

View Mountain, Territorial

Roof Type Composition,Metal

Garage No

Building

Lot Description Gentle Sloping, Level, Terraced

Story 1

Foundation Pillar Post Pier

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Colonel Wright

Middle Schools The Dalles

High Schools The Dalles

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://video214.com/play/L2LVVLnt5UeEnnIykoi1bQ/s/dark

Regional Multiple Listing Service (RMLS)

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

1106 EMERSON DR The Dalles, OR 97058

Nancy Kelly

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1106 EMERSON DR