Active

107 W ALDER ST

Joseph OR, 97846

$2,750,000


$385.42 per sqft

Active

7,135 sqft

Commercial

Built in 2024

Courtesy of Real Estate Associates

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.

101590253

MLS ID

January 22, 2025

Listed

January 30, 2025

Updated

Map

107 W ALDER ST
Joseph OR, 97846

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Heat Pump, Wall Unit


Heating

Yes


Heating Description

Ductless, Heat Pump

Exterior/Building Features

Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

_470


Taxes

$657


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

Assigned, Off Street


Parking Total

5


View

Yes


View Description

City, Mountain


County

Wallowa


Water Source

Public Water


Pool

No


Zoning

multi

Listing Courtesy of Real Estate Associates, Robin Despain. 541-432-4060

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 are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 1/30/2025, 6:09 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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