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Hood River, OR Multifamily Home for Sale

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    $1,299,000

    • 10 Beds
    • 7 Baths
    • 4,968 Sq Ft

    9 N 20th St, Hood River, OR 97031

    Prime investment opportunity in the heart of Hood River. This fully leased, well-maintained 4-plex offers stable cash flow and significant upside with under-market rents. Unit mix includes a 4BD/3BA, 3BD/2BA, 2BD/1BA, and 1BD/1BA—perfect for maximizing rental income or owner-occupancy with rental offsets.Each unit features LVT flooring, double or walk-in closets, and great natural light. Upstairs

    Jennifer Dillard Real Broker

    9 N 20th St, Hood River, OR 97031

Why Live in Hood River

Hood River, Oregon, known as the "windsurfing capital of the world," is a small city with a population of 8,000, located in the Cascade Mountains. The city boasts a vibrant downtown area with trendy local establishments, historic storefronts, and over 30 restaurants, including breweries and farm-to-table dining options. The Hood River Waterfront Trail and Hood River Waterfront Park are popular spots for outdoor activities, offering nearly three miles of trails and a crescent-shaped beach with mountain views. The Columbia River is a hub for windsurfing and kiteboarding, attracting enthusiasts from around the globe. Mount Hood, about 35 miles south, provides skiing opportunities with its scenic snow-covered peak. Hood River features a mix of Craftsman bungalows, American foursquare, and contemporary homes with midcentury influence. The Hood River County School District is highly rated, serving nearly 4,000 students. Downtown Hood River is also home to the Treebird Market, an organic supermarket, and the Fruit Loop, a 35-mile drive through local farms, orchards, wineries, and fruit stands. The Mount Hood Railroad offers scenic train rides, while the Western Antique Aeroplane and Automobile Museum showcases vintage vehicles. Brimstone Boulders, a rock-climbing gym in a renovated 1800s church, adds to the city's unique attractions. Hood River is accessible via Interstate 84, with Downtown Portland about 63 miles west and the Portland International Airport providing global connections. The region experiences rainy winters and warm, dry summers, with potential wildfire risks near the Columbia River Gorge.

Home Trends in Hood River, OR

Housing Trends

Median Sale Price
$695,000
Median Single Family Sale Price
$695,000
Median Townhouse Sale Price
$1,195,000
Median 2 Bedroom Sale Price
$1,195,000
Average Price Per Sq Ft
$432
Number of Homes for Sale
5
Last 12 months Home Sales
68
Months of Supply
0.90
Median List Price
$730,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-9%
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