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107 W Alder St, 
Joseph, OR 97846

$2,750,000


Bed


Bath


7,135

Sq Ft


Multi-Family

Active

Listed by

Robin Despain

Real Estate Associates

541-432-4060

Last updated:

April 15, 2025, 11:24 AM

MLS#

461254468

Source:

PORTLAND

About This Home

107 W Alder St

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.

Home Facts

Multi-Family

Built in 2024

Price Summary

2,750,000

$385 per Sq. Ft.

MLS #:

461254468

Last Updated:

April 15, 2025, 11:24 AM

Added:

3 month(s) ago


Rooms & Interior

Interior

Living Area:

7,135 Sq. Ft.


Structure

Structure

Building Area:

7,135 Sq. Ft.

Year Built:

2024


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$2,750,000

Price per Sq. Ft:

$385 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker United Brokers are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: April 15, 2025

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