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186 SW Court St 10 Unit Apartment Building $545,000 ($54,500/Unit) Dallas, OR 97338

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INVESTMENT HIGHLIGHTS

  • 13,120 SF of Mixed-Use Potential
  • Main Level to Established Bar
  • Seller Carry Opportunity

EXECUTIVE SUMMARY

Discover a rare development opportunity in the heart of historic downtown Dallas, Oregon. Built in 1909, this historic mixed-use building sits prominently on the corner of SW Court St and SW Church St, offering classic character with significant upside potential. The main level consisting of 4,886 SF, currently occupied by an established bar with a beautifully maintained interior, providing immediate income for an investor. The expansive upper level of 4,234 SF on the second floor and 4,000 SF on the third floor offer tremendous potential for residential conversion or creative redevelopment—an ideal project for an investor or developer looking to bring new life to the downtown core. The property sits on a 0.23 acre lot in the Central Business District (CBD) zone, offering flexible commercial and mixed-use possibilities. Additional benefits include onsite private and street parking, high visibility, flexible accessibility and a potential for seller carry financing, making this a standout opportunity in a growing community. A rare chance to reimagine a historic asset in a welcoming small-town setting—don’t miss this standout investment opportunity in Dallas, Oregon.

PROPERTY FACTS

Price $545,000
Price Per Unit $54,500
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.24 AC
Building Size 13,120 SF
No. Stories 3
Year Built 1909
Parking Ratio 0.39/1,000 SF
Zoning CBD

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • On-Site Retail
  • Online Services
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 - -
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
136282
Land Assessment
$74,630
Improvements Assessment
$117,420
Total Assessment
$192,050
  • Listing ID: 38727635

  • Date on Market: 12/10/2025

  • Last Updated:

  • Address: 186 SW Court St, Dallas, OR 97338

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