1221 Lewis ST The Dalles, OR $ 845,000
1221 Lewis ST
$ 845,000
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1221 Lewis ST

The Dalles, OR, 97058
$ 845,000
Bedrooms8 Baths4.0 Sq 3,336

Monthly Estimate*

$ 5,272

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Multi-Family Home for sale in The Dalles, OR

for $845,000 with 8 bedrooms and 4 full baths. This 3,336 square foot home was built in 1982 on a lot size of 0.27.

Fantastic investment opportunity! This well-cared-for 4-plex delivers solid income with room for growth, boasting a CAP rate of 6.86%. New Architectural comp roof and all new sheeting Oct of 2025. Each spacious unit comes fully equipped with a refrigerator, range, dishwasher, washer/dryer, window coverings, and a private storage unit—providing tenants with all the essentials for easy living. The property has been thoughtfully updated with attic and floor insulation, sealed ducts, and forced-air heat pumps that offer efficient heating and cooling. Outside, enjoy a low-maintenance setup thanks to the underground sprinkler system and a paved off-street parking lot accommodating 6–8 vehicles. Utilities are separately metered, with tenants covering their own costs, making this a clean and efficient operation. With a history of long-term tenants and dependable rental income, this is a true turn-key investment you won’t want to miss!

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Multi-Family Active

Price

$ 845,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,992

Style

Lot Size

0.27

Year Built

1982

Town/City

The Dalles

County/Region

Wasco

MLS | Web ID

423369335

Features
General
Sewer PublicSewer
Heating HeatPump
Cooling HeatPump
Roof Composition
Zoning RH
Garage Spaces 0
Year Built 1982
Stories Count 1
Tax Year 2025
Parcel Number 4749
Gross Income 67500.0
County Wasco
Net Operating Income 57929.0
Operating Expense 9571.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds TrashCollection
Status Active
Directions On the corner of 12th and Lewis
High School The Dalles
City TheDalles
Number Of Units Total 4
MLS Area _351
Lot Size Square Feet 11761.0
Listing Terms Cash Conventional
Elementary School Dry Hollow
Tax Annual Amount 5992.53
Middle/Junior High School The Dalles
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 4 TOWNSHIP 1N RANGE 13E QUARTER AD PRCL 15300 MAPTAX LOT:
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Interior
Basement CrawlSpace
Storage IndividualStorageUnits Locked
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features OffStreet Open
Lot Features CornerLot Level Trees
Water Source PublicWater
Total Parking 6.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 3336.0
Lot Size Acres 0.27
Road Surface Type Paved
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Internal Only
Street Number 1 1221
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* Excluded Features
List By
Northwest Realty Source

Broker

info@nwrealtysource.com

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Affordability Calculator

$5,771
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,272
Monthly Property Taxes
$499
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3994685 Elementary School
3988568 Middle School
The Dalles High School High School
Pricing History
DatePricePrice ChangeDescription
8/23/2025$845,000 -2.76% Price Down
5/8/2025$869,000 -0.69% Price Down
2/20/2025$875,000 Listed Price

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1221 Lewis ST, The Dalles, OR, 97058 is a Multi-Family Home for sale at $845,000 with 3,336 sqft and a lot size of 0.27. 1221 Lewis ST has 8 bedrooms, 4.0 baths, and was built in 1982. The property's zip code is 97058 which is in The Dalles, OR