812 E 15TH ST The Dalles, OR 97058

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.