812 E 15th St the Dalles, OR 97058
Estimated payment $2,855/month
Highlights
- Mountain View
- Mini Split Air Conditioners
- Baseboard Heating
- Corner Lot
- Landscaped
- Level Lot
About This Home
Investment Opportunity – Multi-Family Property with Strong Income in The Dalles, ORConsistent rental income meets future growth potential in this well-located multi-family property. Currently configured as Three residential rental units with a gross annual income of $55,200, this property offers both immediate cash flow and value-add opportunities. The main level includes an unfinished space ideal for conversion into a small studio apartment or office to increase revenue. The basement also has unfinished square footage, perfect for adding secure storage units for tenants.Property highlights: 3 existing units in fair condition – steady occupancy historyPotential 4th unit in main-level unfinished space. Basement with conversion potential for storage income. Off-street and street parking for tenant convenience.Great territorial and mountain views enhance tenant appeal.Located in an established residential neighborhood with easy access to downtown, services, and amenities. Whether you’re expanding your portfolio or making your first multifamily investment, this property offers reliable income today and room for increased returns tomorrow.Offered at: $479,000 please allow 48 hours notice for appointments.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,659
Year Built
- Built in 1924
Lot Details
- 5,227 Sq Ft Lot
- Landscaped
- Corner Lot
- Level Lot
Property Views
- Mountain
- Territorial
Home Design
- Converted Dwelling
- Slab Foundation
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,668 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Storage
- Natural lighting in basement
Parking
- 2 Parking Spaces
- On-Street Parking
- Off-Street Parking
Schools
- Dry Hollow Elementary School
- The Dalles Middle School
- The Dalles High School
Utilities
- Mini Split Air Conditioners
- Cooling System Mounted In Outer Wall Opening
- Mini Split Heat Pump
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 6349
Community Details
Overview
- 5 Units
Building Details
- Operating Expense $14,719
- Gross Income $55,200
- Net Operating Income $40,481
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,659 | $203,300 | -- | -- |
| 2023 | $3,553 | $197,379 | $0 | $0 |
| 2022 | $3,178 | $125,807 | $0 | $0 |
| 2021 | $3,081 | $122,187 | $0 | $0 |
| 2020 | $3,005 | $118,672 | $0 | $0 |
| 2019 | $3,173 | $115,260 | $0 | $0 |
| 2018 | $3,085 | $155,781 | $0 | $0 |
| 2017 | $2,987 | $151,244 | $0 | $0 |
| 2016 | $2,923 | $146,839 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Pending | -- | -- | -- |
| 08/15/2025 08/15/25 | For Sale | $479,000 | -- | $131 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $149,102 | Amerititle |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 769220700
APN: 1N 13E 10 BA 2600
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