This property features a total of 5 units designed for comfort, functionality, and low maintenance, with key highlights including:INTERIOR FEATURES- Each unit offers 3 bedrooms, 2.5 bathrooms, and 1,427 sq. ft. of living area, with an additional 273 sq. ft. garage.MODERN FINISHES: Laminate floors, granite countertops, and Astroturf backyards ensure durability and easy upkeep.CLIMATE CONTROL: Equipped with a ductless heat pump system for heating and air conditioning, supplemented by a Cadet wall heater.INSULATION: 10 inches of blown-in insulation in common walls for enhanced fire protection and privacy.FURNISHING & APPLIANCES: Units are sold fully furnished, including all furniture, bedding, kitchen appliances, a built-in dishwasher, and an extra-large washer and dryer.Unique Attributes:Zoned commercial for vacation rental use, ideal for investment purposes.Living areas are located on the second floor to maximize views of the Eagle Cap Mountains.Conveniently located within walking distance to downtown Joseph and the rodeo grounds.Exterior Features:LOW-MAINTENANCE MATERIALS: concrete sidewalks, asphalt in the front, and stunning soffit lighting for a warm, inviting nighttime appearance.Separate electrical meters for each unit, providing efficiency and convenience.OVERALL SIZE: The building spans 7,135 sq. ft. and is tailored to meet the needs of both long-term and vacation rental markets, making it a versatile and appealing property.PROJECTED CAP RATE OF 6.6 INVEST NOW AND TAKE ADVANTAGE OF THE 2025 PEAK SEASON.CALL FOR AN APPOINTMENT TODAY.
Active
$2,750,000
107 W Alder St, Joseph, OR 97846
3beds
7,135sqft
Est.:
Multi Family
Built in 2024
-- sqft lot
$-- Zestimate®
$385/sqft
$-- HOA
What's special
Asphalt in the frontDuctless heat pump systemAstroturf backyardsLaminate floorsSoffit lightingCadet wall heaterGranite countertops
- 89 days
- on Zillow |
- 199 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: February 07, 2025 at 07:19am
Listed by:
Robin Despain 541-432-4060,
Real Estate Associates
Source: RMLS (OR),MLS#: 461254468

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
Heating
- Ductless, Heat Pump
Cooling
- Heat Pump, Wall Unit(s), Air Conditioning
Appliances
- Included: Refrigerator, Washer/Dryer, Electric Water Heater, ENERGY STAR Qualified Water Heater
Interior area
- Total structure area: 7,135
- Total interior livable area: 7,135 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned, Off Street
- Garage spaces: 5
Features
- Stories: 2
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 50 x 117
- Features: Corner Lot, SqFt 5000 to 6999
Details
- Parcel number: 2948
- Zoning: multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Roof: Composition
Condition
- New Construction
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Joseph
Financial & listing details
- Price per square foot: $385/sqft
- Annual tax amount: $656
- Date on market: 1/27/2025
- Listing terms: Cash,Conventional
- Total actual rent: 1500
- Road surface type: Paved
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