1221 Lewis ST Active

The Dalles,OR 97058

$ 869000

- Bed

- Bath

3336 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,336 sqft

Price per Sqft $260

MLS Listing ID 423369335

Year Built 1982

Annual Tax Amount $5,828

Tax Year 2024

Lot Size 0.270 Acres

Property Description

Fantastic investment opportunity! This well-cared-for 4-plex delivers solid income with room for growth, boasting a CAP rate of 6.53%. Each spacious unit comes fully equipped with a refrigerator, range, dishwasher, washer/dryer, window coverings, and a private storage unit—providing tenants with all the essentials for easy living. The property has been thoughtfully updated with attic and floor insulation, sealed ducts, and forced-air heat pumps that offer efficient heating and cooling. Outside, enjoy a low-maintenance setup thanks to the underground sprinkler system and a paved off-street parking lot accommodating 6–8 vehicles. Utilities are separately metered, with tenants covering their own costs, making this a clean and efficient operation. With a history of long-term tenants and dependable rental income, this is a true turn-key investment you won't want to miss!

Location

State OR

County Wasco

Area _351

Zoning RH

Rooms

Basement Crawl Space

Interior

Heating Heat Pump

Cooling Heat Pump

Exterior

View Territorial

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level, Trees

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Dry Hollow

Middle Schools The Dalles

High Schools The Dalles

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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