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.
Sold
$479,000
812 E 15th St, The Dalles, OR 97058
5beds
3,668sqft
Multi Family
Built in 1924
-- sqft lot
$481,000 Zestimate®
$131/sqft
$1,795 Estimated rent
Home value
$481,000
Estimated sales range
Not available
$1,795/mo
Zestimate® history
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Off-street and street parking
Zillow last checked:
Listing updated:
Listed by:
Lori Clark 866-916-5263,
Ginnie Mooney Real Estate
Bought with:
Dennis Morgan, 970600125
Copper West Real Estate
Source: RMLS (OR),MLS#: 769220700
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Mini Split
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater, Tank Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Daylight,Unfinished,Storage Space
Interior area
- Total structure area: 3,668
- Total interior livable area: 3,668 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 5,227 sqft
- Features: Corner Lot, Gentle Sloping, Level, SqFt 5000 to 6999
Details
- Parcel number: 6349
- Zoning: RH
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Converted
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: All Landscaping
Location
- Region: The Dalles
HOA & financial
Other financial information
- Total actual rent: 4600
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Sold | $479,000$131/sqft |
Source:  RMLS (OR) #769220700 Report a problem | ||
| 8/28/2025 | Pending sale | $479,000$131/sqft |
Source: RMLS (OR) #769220700 Report a problem | ||
| 8/15/2025 | Listed for sale | $479,000+221.3%$131/sqft |
Source: RMLS (OR) #769220700 Report a problem | ||
| 6/11/2019 | Sold | $149,102$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,659 +3% | $203,300 +3% |
| 2023 | $3,553 +11.8% | $197,379 +12.6% |
| 2022 | $3,178 +3.2% | $175,333 +3% |
| 2021 | $3,081 +2.5% | $170,226 +3% |
| 2020 | $3,005 -5.3% | $165,268 +3% |
| 2019 | $3,173 +2.9% | $160,454 +3% |
| 2018 | $3,085 | $155,781 +3% |
| 2017 | $3,085 +5.5% | $151,244 +3% |
| 2016 | $2,923 | $146,839 |
Find assessor info on the county website
Neighborhood: 97058
Nearby schools
GreatSchools rating
- 7/10Dry Hollow Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10The Dalles Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10The Dalles-Wahtonka High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Dry Hollow
- Middle: The Dalles
- High: The Dalles
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Wasco County
- The Dalles
- 97058
- 812 E 15th St
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