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$650,000   Price Analysis
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4675 Cherry Heights Rd
The Dalles, OR 97058
8 bed 6 bath 3,418 SqFt ($190/SqFt)
0.5 acre lot. Built 1965
Listed 2024-03-15, Taxes $4,401
USDA Eligible
near The Dalles, OR
 Restrictions may apply
due to home size

Income producing property with stunning views of The Dalles

* Sale Pending *

The Columbia River and beyond. Current rents reflect well over a 7% cap rate. The units, 4 2br/1ba and 2 studios, ar in excellent condition as is the exterior of the buildings, i.e.

good roofs, continuous gutter, etc. Minimal landscaping and exterior maintenance. This is a fantastic investment property!


Presented by Dennis Morgan at
Copper West Real Estate .
Listing Agent Photo

Property MLS #24581749 from RMLS

Bedrooms: 8

Cooling Features: MiniSplit, WallUnit
Heating Features: Baseboard, Zoned
Heating: Yes
Water Heaters: Electricity

Full Bathrooms: 6

Storage: Attached

Lot Description: Bluff, Level, Private, Secluded, Sloped, Terraced
Lot Size Acres: 0.5
Lot Size Dimensions: irregular
Lot Size Square Feet: 21780

Road Surface Type: Paved

Parking Features: Assigned

View: City, River, Territorial

Elementary School: Colonel Wright
High School: The Dalles
Middle School: The Dalles

Chenowith Elementary School is a public elementary school located approximately 1.6 miles away.
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The Dalles-Wahtonka High School is a public high school located approximately 1.9 miles away.
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The Dalles Middle School is a public middle school located approximately 2.5 miles away.
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St Marys Academy is a private elementary and middle school located approximately 1.1 miles away.
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Gross Income: 63600
Rent Includes: Sewer, TrashCollection, Water

Number of Units: 6
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1

LotSizeRange: SqFt20000toAcres1
Annual Tax Amount: 4501.880000000
Source Listing Status: Pending
County: Wasco
Cap Rate: 7.71
Directions: Cherry Heights Rd to address
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: 7441
Zoning: A1(40)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$309,502
$4,401
2021$unknown + $unknown
$300,487
$4,238
2020$unknown + $unknown
$291,735
$4,136
2019$unknown + $unknown
$283,238
$4,462
2018$unknown + $unknown
$274,988
$4,349
2017$unknown + $unknown
$266,979
$4,096
2016$unknown + $unknown
$259,203
$4,083
2015$unknown + $unknown
$251,653
$4,059
2014$unknown + $unknown
$244,323
$3,947
2013$unknown + $unknown
$237,207
$3,843
2012$unknown + $unknown
$230,298
$3,790
2011$unknown + $unknown
$223,591
$3,681
2009$unknown + $unknown
$210,757
$3,601
2008$unknown + $unknown
$204,619
$3,498
2007$unknown + $unknown
$198,660
$3,410
2006$unknown + $unknown
$192,874
$3,210

Listed 2024-03-15
$650,000
RMLS
Sold 2013-08-15
$340,000
Public Record
Listing removed 2013-05-31
$350,000
RMLS
Listed 2013-05-06
$350,000
RMLS
Sold 2010-11-01
$225,000
RMLS
Price Changed 2010-02-13
$225,000
RMLS
Listed 2009-09-01
$249,900
RMLS
Listing removed 2009-06-11
$249,000
RMLS
Listing removed 2009-02-22
$249,000
RMLS
Listed 2009-01-09
$249,000
RMLS
Sold 1997-05-01
$150,000
Public Record

Net Operating Income: 50114
Operating Expense: 13486

Year Built: 1965
Building Area Total: 3418
Building Exterior Type: Block
Foundation Details: Slab
Property Age: 59
Roof: Composition
Levels or Stories: 2

Sewer: SepticTank
Water Source: SharedWell
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.