$450,000

319 E 7th St the Dalles, OR 97058

Estimated payment $2,485/month

Total Views 18,367
4 Beds
2 Baths
1,672 Sq Ft
$269 Price per Sq Ft

Highlights

  • Very Popular Property
  • Cooling Available
  • Landscaped with Trees
  • Bluff on Lot
  • Security Gate
  • 1-minute walk to Northern Wasco County Parks

About This Home

Amazing opportunity with incredible flexibility in the heart of town. This unique property spans three dividable lots with CDC zoning, opening the door to commercial, residential, or mixed use. Imagine live/work space for creative services, wellness practices, or boutique businesses—all within easy walking distance of downtown cafés, Shannon’s ice cream shop, the natural food store, the Art Center, and more.The property features a charming duplex full of character. One apartment is vacant and ready, while the other is month-to-month, offering income potential or flexibility for an owner-occupant. Both units include new washer/dryer sets, beautiful wood floors (some reclaimed from a bowling alley), and inviting outdoor spaces: a front patio perfect for morning coffee and a private back deck for evening cocktails.The setting is truly one-of-a-kind, framed by a dramatic 30' natural rock wall that creates a striking painterly backdrop, with natural rock walls continuing into the basement apartment for added charm. Behind a secure gate, there are at least eight parking spaces and the entire property is fully fenced.With a cap rate over 7%, three separately dividable lots, and flexible CDC zoning, this is a rare chance to combine investment, creativity, and lifestyle in one remarkable property.

Listing Agent

Philip Mascher

Cascade Hasson Sotheby's International Realty Brokerage Phone: 503-853-4695 License #201225240 Listed on: 09/24/2025

Cascade Hasson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Gated Home
  • Bluff on Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Security Gate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • 8 Parking Spaces
  • Open Parking
  • Off-Street Parking

Schools

  • Colonel Wright Elementary School
  • The Dalles Middle School
  • The Dalles High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 3756

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,400
  • Gross Income $40,500
  • Net Operating Income $32,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,542

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1900
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit
  • Total Bedrooms: 4
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Brick,LapSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Other
  • View: No
  • Lot Features: Bluff, DividedbyRoad, Gated, Level, Trees
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet, Open
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas,Tank
  • Internet Service Type: Cable
  • Security: SecurityGate
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Colonel Wright
  • High School: The Dalles
  • Middle Or Junior School: The Dalles

Lot Info

  • Zoning: CDC
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 3756

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Gas, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 1542.49

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.11
  • Annual Gross Income: 40500.0
  • Property Net Operating Income: 32100.0
  • Annual Operating Expense: 8400.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,542 $85,697 -- --
2023 $1,498 $83,201 $0 $0
2022 $1,464 $144,396 $0 $0
2021 $1,419 $140,190 $0 $0
2020 $1,384 $136,107 $0 $0
2019 $1,462 $132,143 $0 $0
2018 $1,374 $71,770 $0 $0
2017 $1,324 $69,680 $0 $0
2016 $1,337 $67,650 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2025 09/24/25 For Sale $450,000 -- $269 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $135,000 Columbia Gorge Title
Source: Public Records

About the Listing Agent

Philip Mascher

Cascade Hasson Sotheby's International Realty

(458) 313-3477

Section Image

He grew up in Sweden in the small town of Mariefred, nestled around the 16th century castle of Gripsholm. Maybe it was this idyllic historical setting that gave Philip a lifelong fascination for the built environment. At ten years old, his family moved to the divided Berlin, where he spent his teenage years. Another place of architectural significance, of a very different kind - a vibrant mix of historic and contemporary, east and west, energized by an unrelenting spirit of change - a true

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 350608627

Regional Multiple Listing Service (RMLS)

APN: 1N 13E 3 CA 3100