1106 EMERSON DR, The Dalles, OR 97058

$2,830,000
40,075
SqFt

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List Price
$2,830,000
Price Change
▼ $90,000 1782183816
Days on Market
259
MLS#
597615258
Property Type
Multifamily
Sqft. of Residence
40,075
Lot Size
20, 000 SqFt to .99 Acres
Region
Wasco Co: The Dalles
Status
ACTIVE

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!" It is listed in commercial RMLS as well #593621914. Sellers are motivated!

Additional Information

Tax Amount
$11,888
Year Built
1942
High School
The Dalles
Elementary School
Colonel Wright
Middle School
The Dalles
Garage Spaces
1
Acres
0.94
Living Area
40,075
Stories
1
Subdivision
406: Neighborhood Commercial
Terms
Cash, Conventional
Cooling Description
Mini Split
Fuel Description
Electricity
Heating Description
Baseboard, Mini Split, Zoned
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition, Metal
Sewer Description
Public Sewer
View
Mountain(s), Territorial
Parking
On Street
Security Or Entry
Security System Leased
Parking Description
On Street
Road Surface
Paved
Number Of Units Total
17
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1595
Unit Type One Sq Ft
730
Unit Type One Units Total
11
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
2
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1495
Unit Type Three Sq Ft
730
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1465
Unit Type Four Sq Ft
730
Unit Type Four Units Total
1
Unit Type Five Rent
1370
Unit Type Five Sq Ft
730
Unit Type Five Units Total
1

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