About 812 E 15th St
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.
Features of 812 E 15th St
MLS® # | 769220700 |
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Price | $479,000 |
Bathrooms | 0.00 |
Square Footage | 3,668 |
Acres | 0.12 |
Year Built | 1924 |
Type | Multi Family |
Status | Pending |
Community Information
Address | 812 E 15th St |
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Area | 351 - Wasco Co: The Dalles |
City | The Dalles |
County | Wasco |
State | OR |
Zip Code | 97058 |
Amenities
Parking Spaces | 2 |
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Parking | Off Street, On Street |
View | Mountain(s), Territorial |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Baseboard, Mini Split |
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Cooling | Mini Split, Wall Unit(s) |
Fireplace | No |
# of Stories | 2 |
Has Basement | Yes |
Basement | Daylight, Unfinished |
Exterior
Exterior | Vinyl Siding |
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Lot Description | Corner Lot, Gentle Sloping, Level |
Roof | Composition |
Foundation | Concrete Perimeter, Slab |
School Information
Elementary | Dry Hollow |
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Middle | The Dalles |
High | The Dalles |
Additional Information
Date Listed | August 15th, 2025 |
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Days on Market | 59 |
Zoning | RH |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Ginnie Mooney Real Estate |
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