$624,500
1625 SE Cortland (- 1627) Ave, Dallas, OR 97338
Dallas duplex. Conveniently located in good neighborhood with schools nearby. Larger unit 2 level with vaulted ceiling, 3 bed / 2 bath. Smaller unit 1 level 2 bed / 2 bath. Ideal for a multi generational home. Spacious exterior has independent fenced yards, underground sprinkler system. Interior upgrades. Please do not disturb the tenants.
Glen Kent SMI REAL ESTATE
Explore Dallas
$989,000
257 NW Douglas (-259) St, Dallas, OR 97338
New construction duplex on private lot. This beautiful single story 3 bed/ 2 bath boasts all the features you'd find in a high end home. Large open rooms with vaults, LVP flooring, stainless steel appliances, high end trim, gas fireplace, A/C, fully landscaped with irrigation, double car garage, high end cabinets with granite, and much more. Full HD video attached. Listing broker is developer.
MIKE BARNES REAL ESTATE 55, INC
$949,000
253/ 255 NW Douglas St, Dallas, OR 97338
Single story high end duplex on private flag lot. This 3 bed/ 2 bath boasts large rooms with vaults, custom kitchen, granite, stainless steel, LVP flooring, AC, double car garage, huge covered deck, & much more. Fully landscaped with UG sprinkler. Great investment property and/ or live in half and rent the other half. This brand new duplex is a must see! Full HD video attached.
MIKE BARNES REAL ESTATE 55, INC
$1,295,000
1267 SE Holman Ave, Dallas, OR 97338
Townhome-style 6-plex, all 3 bed, 1.5 baths, built in 1971 with a total of 6,880 sq. ft. in Dallas OR. All units have been renovated in the last few years, and roof is currently being replaced. Property is operating at a 6.13% cap rate on actuals, with an easy 7.08% when the last three units are brought to market rent.
Eric Swanson SMI REAL ESTATE
$1,250,000
175 NE Fern Ct, Dallas, OR 97338
Presenting an exceptional investment opportunity in the thriving city of Dallas. This recently renovated 6-unit property is designed to attract top-tier rent rates, offering a turnkey experience with no additional work required. The property features fully remodeled kitchens and bathrooms, new flooring, updated fixtures, fresh interior and exterior paint, and much more—ask for the complete list
Trevor Howard SMI REAL ESTATE
Dallas, Oregon, located in the Willamette Valley and serving as the seat of Polk County, is a small city with nearly 17,000 residents. Known for its natural beauty and historic charm, Dallas features a downtown area designated as a National Historic District in 2024. The city is surrounded by the Pacific Northwest’s creeks and forests, offering miles of scenic trails and parks. Dallas City Park, the largest green space, includes the Delbert Hunter Arboretum and Botanical Garden, a swimming area, disc golf course, playgrounds, and basketball courts. The Rickreall Creek Trail System provides paved trails connecting various parks. Roger Jordan Community Park houses a skate park, athletic fields, and the Dallas Aquatic Center with five pools. The Dallas Public Library offers cultural passes to local attractions and hosts community events. Dining options range from pet-friendly, farm-to-table restaurants to national chains along Kings Valley Highway and Ellendale Avenue. The Dallas Downtown Association supports local businesses and organizes events like the Dallas Farmers Market and Sounds of Summer concert series. Housing in Dallas includes a mix of ranch-style homes, neo-Craftsman houses, contemporary designs, and custom builds, with ongoing construction contributing to rising home values. The Dallas School District serves over 3,000 students across eight campuses and offers robust athletic programs. Transportation includes Oregon Route 223, connecting to Highway 22 and Interstate 5, with Cherriots Transit Service providing bus routes. Healthcare is provided by multiple clinics and West Valley Hospital, part of the Salem Health network. Dallas experiences short, dry summers and cold, wet winters, with risks of wildfires, earthquakes, and occasional unhealthy air pollution. Crime rates in Dallas are lower than both the Oregon and national averages.
On average, homes in Dallas, OR sell after 102 days on the market compared to the national average of 70 days. The median sale price for homes in Dallas, OR over the last 12 months is $489,900, up 14% from the median home sale price over the previous 12 months.
In Dallas, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $624,500 to $1,295,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Dallas is $495,000, while the average sale price is $528,041, offering insights into the local housing market. On average, multi-family homes spend 102 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Dallas, OR.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson
Homes.com Licensing Information
§ 442-H New York Standard Operating Procedures
New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection notice
California DRE #01937601
Contact Homes.com BrokerageCopyright © 2025 CoStar Group
