MLS# 24533932 – 605 E 14th St, The Dalles, OR 97058 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Copper West Real Estate.

Property Description

Description

3 Units

Status: Pending

Year Built: 1956

Days on Website: 9

Opportunity awaits for you to own this well kept Tri-Plex in the Dalles. Steady income for the investor or could be 1031 exchange or owner could occupy one of the units. The midcentury home still has it charm, functional utility and comfortable living space. Recent improvements include new roof, new entry steps, and updated unit 607. The classic brick exterior is low maintenance and fire resistant. Dedicated driveway parking for unit 605 and fenced low maintenance front yard. Units 605.5 and 607 each have single car garage accessed from 13th St. 607 has small fenced grassy front yard. All units have range, refrigerator and A/C units. Plenty of storage space in the basement for all units. See attached detail summary for info about each unit. Easy access to schools and downtown. Tenant rights apply, minimum 24 hour notice for showings.

Property Details and Features

Unit One

Area:

850

Actual Rent:

$1,525

Features:

AirConditioning,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Building

Built in 1956

Building Area Total:

3400

Storage:

Basement

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Property Access

Road Surface Type:

Paved

Basement

Basement:

ExteriorEntry,PartialBasement,StorageSpace

Community

Community Features:

Laundry

Cooling

Cooling Equipped

Cooling:

WindowUnit

Expenses

Operating Expense Scheduled:

9736

Operating Expense:

$7,602

Exterior Features

Exterior Description:

Brick

Foundation

Foundation Details:

ConcretePerimeter

Garage

Garage Spaces:

Heating

Heating Available

Heating:

WallHeater,Zoned

Income

CAP Rate:

5.97

Gross Income:

$40,339

Gross Rent Multiplier:

12.77

Gross Scheduled Income:

$52,200

Net Operating Income:

$30,747

Net Scheduled Income:

42464

Listing

Contract Status Change Date:

2024-11-11

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-11-12 10:02:46

List Price:

$515,000

Listing Contract Date:

2024-11-02

Listing Id:

24533932

Mls Status:

Pending

Modification Timestamp:

2024-11-12 10:02:46

Off Market Date:

2024-11-11

On Market Date:

2024-11-02

Purchase Contract Date:

2024-11-11

Rent Includes:

Electricity,Heat,Sewer,TrashCollection,Water

Standard Status:

Pending

Location

MLS Area Major:

_351

County Or Parish:

Wasco

Lot

Features:

GentleSloping

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AnnualPropertyOperationData,Leases,MaintenanceRecordsAvailable

Parking

Features:

Driveway,Garage

3 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Property View

Zoning:

Roof

Roof:

Composition

Schools

High School:

The Dalles

Middle Or Junior School:

The Dalles

Elementary School:

Colonel Wright

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$3,517

Legal Description

Tax Year:

2024

Unit Two

Actual Rent:

$1,600

Area:

850

Features:

AirConditioning,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$1,225

Area:

640

Features:

Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$515,000 -

605 E 14th St The Dalles , OR 97058

MLS Area Major: _351

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 10:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.