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    1106 Emerson Dr, Unit 1-17 The Dalles, OR 97058

    For Sale
    $3,000,000

    COMMERCIAL - TheDalles, OR

    Property size:
    40,075 SF
    Lot size:
    0.94 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 1106 Emerson Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm
    APN
    16238, 16237
    Size
    40,075 SF
    Lot size
    0.94 Acres

    Utilities

    Heating system
    Baseboard, Zoned

    Building Details

    Year built
    1942
    Floors in Building
    1
    Building materials
    CrawlSpace, WoodSiding
    Roof type
    Metal, Composition

    The Broker Network, LLC (503) 756-1192 [email protected]

    Listing agent Dana Hindman-Allen (503) 928-5606

    Listing date Nov 15, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey 17-Unit Multifamily Investment

    Located in The Dalles, Oregon, "Emerson Cottages" is a 17-unit multifamily property. Sixteen of the units feature two-bedroom, one-bath layouts with open kitchens and living areas. The remaining studio unit is currently used as an office but could be rented out for additional income or used to offset costs for an on-site manager. The property is in good condition, with systematic upgrades completed as units are vacated. Some units offer views of the surrounding landscape. The common area includes a play structure. There is a separate on-site coin operated laundry room. The average unit size is 730 square feet. The property is located in an "opportunity zone". The property size is 40075 Square Feet and the lot size is 0.94 acres.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Clothing Store Building Supply Gym & Fitness Accounting Firm Pharmacy Kitchen & Bath Wholesale Shop Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    The Dalles
    County
    Wasco
    State
    Oregon
    Longitude
    -121.224832
    Latitude
    45.621384

    Nearby Similar for Sale

    • $3,000,000
      40,075 SF

      Turnkey Multifamily Investment Opportunity

      17-unit multifamily property in The Dalles, Oregon.
      1106 Emerson Dr, The Dalles, OR 97058
      View Details
    • $379,000
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      Fully Rented Triplex in Dalles

      Well-maintained triplex with strong income and convenient location.
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    • $385,000
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      Functional office/retail building in downtown The Dalles, Oregon.
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    • $399,999
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      Restaurant/Retail Opportunity in TheDalles, OR

      Restaurant/retail property with full kitchen, bar, and walk-in cooler.
      2620 W 2Nd St, The Dalles, OR 97058
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    • New
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      Well-Maintained Medical Office Building

      Medical office building with custom remodel and energy-efficient HVAC.
      1712 E 12Th St, The Dalles, OR 97058
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    • $425,000
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      Downtown Commercial Building For Sale

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      View Details

    FAQs

    What type of property is this?
    Apartment building - 17-unit multifamily property in The Dalles, Oregon.
    Where is this apartment building located?
    The property is located at 1106 Emerson Dr, Unit 1-17 The Dalles, OR.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Turnkey 17-unit multi-family property in The Dalles, Oregon.; - Sixteen 2-bedroom, 1-bath units with open layouts.; - Opportunity zone location.
    (503) 928-5606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1106 Emerson Dr, Unit 1-17 The Dalles, OR 97058
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