Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 10-bedroom, 6-bathroom residential multi family at 1106 EMERSON Dr in Thedalles, OR is listed for $2,920,000 ($73 per sqft). Built in 1942, the home offers 40,075 sqft of living space on a 0.94 acres lot.
Welcome to "Emerson Cottages", a 17-unit turnkey gem in the heart of The Dalles, Oregon. This charming cluster of duplex cottages isn't just an investment, its a community. Sixteen of the units are two-bedroom, one-bath layouts with open kitchens and living areas, perfect for modern living with vintage charm.
There is one studio unit that is currently used as an office (currently not rented), it can either generate additional rental income or offset costs for an on-site manager, flexibility that adds real value. The property is in good condition, with systematic upgrades completed as units are vacated, while additional upside exists for an investor ready to enhance the remaining units.
Emerson Cottages meets the growing demand for quality housing in the area. Some units offer breathtaking views of the surrounding landscape, making Emerson Cottages a picturesque place to live. Step outside and enjoy the common area that includes a play structure.
There is a separate on-site coin operated laundry room, and a true community atmosphere. With an average unit size of 730 square feet, this property blends charm, comfort, presenting a cash-flowing, turnkey investment with clear upside potential through renovation and rent optimization. Property is also located in an "opportunity zone!" It is listed in commercial RMLS as well #593621914.
Key Features
- Built in 1942
- 0.94 acre lot
Property Details
Amenities
Monthly Cost Estimate
$15,617/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1106 EMERSON Dr
Thedalles, OR 97058
406: Neighborhood Commercial
Property Details
Views
Heating
Questions & Answers
This 10-bedroom, 6-bathroom residential multi family at 1106 EMERSON Dr is listed at $2,920,000 ($73/sqft). The estimated monthly payment is $12,653 based on 20% down at 6.5% interest.
Key features include: Built in 1942, 0.94 acre lot.
This property is listed by Dana Hindman-Allen and can be reached at 5034130527 or dana@danaloveshomes.com.