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Listing provided courtesy of The Broker Network, LLC- MLS# 597615258MLS Provider

1106 EMERSON DRThe Dalles, OR 97058

Multi-Family · 40,075 Sq. ft. | 0.94 Acres
$2,830,000 Active

1106 EMERSON DR Overview

Time on Site:
229 days
Visits:
15

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. Motivated sellers!

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1106 EMERSON DR Facts & Features

  • Type Multi-Family
  • Sq. ft. 40,075
  • Price/Sq.ft. $71
  • Lot 0.94 Acres

Details

General

School Information

  • Elementary School: Colonel Wright
  • Middle Or Junior School: The Dalles
  • High School: The Dalles

Income/Expenses

  • Gross Income: 196154.0
  • Gross Scheduled Income: 282400.0
  • Net Operating Income: 126840.0
  • Operating Expense: 69314.0

Building Information

  • Year Built: 1942

Location/Region

  • Country: US
  • County Or Parish: Wasco
  • MLS Area Major: 351 - Wasco Co: The Dalles
  • Subdivision Name: 406: Neighborhood Commercial

Community/Development

  • Community Features: Commons,Laundry

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 11888.69
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 16236,16237
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: Comm

Interior

Parking Information

  • Garage Spaces: 1.0

Building Interior

  • Building Area Total: 40075.0

General Information

  • Basement: Crawl Space
  • Cooling: Mini Split
  • Foundation Details: Pillar/Post/Pier
  • Heating: Baseboard,Mini Split,Zoned
  • Security Features: Security SystemLeased
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Gentle Sloping,Level,Terraced
  • Lot Size Acres: 0.94
  • Lot Size Square Feet: 40946.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition,Metal

General Information

  • Number Of Units Total: 17
  • Sewer: Public Sewer

1106 EMERSON DR Neighborhood

Community

97058 (The Dalles) Demographics

39
Median Age
58
Population Density (per sq. mile)
31%
College Educated
$54,133
Estimated Median Income
5,072
Estimated Total Home Owners
3,029
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1106 EMERSON DR Market Data

Based on the last 30 days in this zip code

$646,456
Average List Price
$309
Average Price per Square Foot
22
Properties Sold
124
Average Days on Market
114
Properties for Sale
Calculations provided by Reliance Network

1106 EMERSON DR History

Date Event Value Agent
6/22/2026Source: Regional MLS Price Reduction
$2,830,000 -3.1%
1/14/2026Source: Regional MLS Price Reduction
$2,920,000 -2.7%
11/12/2025Source: Regional MLS Added to Database
November 12, 2025