1. Oregon
  2. The Dalles
  3. 1221 Lewis St
$869,000

1221 Lewis St, The Dalles, OR 97058

  • 3,336 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $260/sqft
  • Property List Date Icon Listed 5 months ago

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!

Listing Status:
Active
Date Added:
February 20, 2025 at 06:00AM
Listing Office:
Northwest Realty Source : 503-719-4336
Listing Agent:
Troy D Doty P.C. : 503-997-4169
MLS ID:
423369335
  • Basement: Crawl space
  • A/C: Heat pump
  • Heating: Heat pump

This listing courtesy of Troy D Doty P.C., Northwest Realty Source

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dry Hollow Elementary School

1314 E 19th St, The Dalles, OR, 97058

Grades KG-5

0.48 miles away

T

The Dalles Middle School

1100 E 12th St, The Dalles, OR, 97058

Grades 6-8

0.27 miles away

T

The Dalles High School

220 E 10th St, The Dalles, OR, 97058

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.