531 E 8th St the Dalles, OR 97058
Estimated payment $2,211/month
Highlights
- Corner Lot
- Window Unit Cooling System
- Baseboard Heating
- No HOA
- Landscaped
- 3-minute walk to Northern Wasco County Parks
About This Home
Fully Rented Triplex – Strong Income & Updates in The DallesWell-maintained triplex offering reliable rental income and a convenient location close to downtown. Currently fully rented, generating $48,600 gross annual income, with units in fair to good condition. Recent updates include a newer composition roof and various interior improvements, making this a low-maintenance addition to your portfolio. Main entry needs some TLCThe property features a covered front porch, off-street parking in both the front and rear, and a small fenced yard area. The entry and yard could benefit from light TLC, presenting an easy opportunity for added curb appeal. Each unit has its own character, and the building’s multi-unit layout offers flexibility for long-term rental stability.Centrally located, tenants enjoy proximity to shopping, dining, and community amenities, while owners benefit from steady cash flow and future value-add potential. Whether you’re an experienced investor or just starting out, this property is positioned for success with a solid rental history and income in place. Please allow 48 hour notice for viewing property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,897
Year Built
- Built in 1910
Lot Details
- 5,227 Sq Ft Lot
- Landscaped
- Corner Lot
- Level Lot
Home Design
- Converted Dwelling
- Slab Foundation
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,473 Sq Ft Home
- 2-Story Property
- Security Lights
- Finished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Parking
- On-Street Parking
- Off-Street Parking
Schools
- Dry Hollow Elementary School
- The Dalles Middle School
- The Dalles High School
Utilities
- Window Unit Cooling System
- Mini Split Heat Pump
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 3821
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $13,960
- Gross Income $48,600
- Net Operating Income $34,640
Map
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 |
|---|---|---|---|---|
| 2025 | $2,979 | $165,803 | -- | -- |
| 2024 | $2,897 | $160,974 | -- | -- |
| 2023 | $2,813 | $156,286 | $0 | $0 |
| 2022 | $2,750 | $99,031 | $0 | $0 |
| 2021 | $2,666 | $96,147 | $0 | $0 |
| 2020 | $2,600 | $93,347 | $0 | $0 |
| 2019 | $2,746 | $90,628 | $0 | $0 |
| 2018 | $2,670 | $134,814 | $0 | $0 |
| 2017 | $2,585 | $130,887 | $0 | $0 |
| 2016 | $2,529 | $127,075 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | Pending | -- | -- | -- |
| 11/13/2025 11/13/25 | For Sale | $379,000 | 0.0% | $153 / Sq Ft |
| 11/03/2025 11/03/25 | Pending | -- | -- | -- |
| 08/15/2025 08/15/25 | For Sale | $379,000 | -- | $153 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $126,400 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $126,400 | Adjustable Rate Mortgage/ARM |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 577556811
APN: 1N 13E 3 CA 6200
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