1221 Lewis St, The Dalles, OR 97058

Fantastic investment opportunity! This well-cared-for 4-plex delivers solid income with room for growth, boasting a CAP rate of 6.71%. Seller to install a new Architectural comp roof in September. 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!