1551 SW Ellis St, Dallas, OR 97338

Dallas
Local realty services provided by:Knipe Realty ERA Powered
Listed by: dieter wehnerDirec: 503-881-4242
Office: ihomes503-837-1234
MLS#:842810
Source:OR_WVMLS
1551 SW Ellis St,Dallas, OR 97338
$339,850
  • 3 Beds
  • 1 Baths
  • 998 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$339,850
  • Price per sq. ft.:$340.53

About this home

3.25% Assumable Loan + ADU Potential! Say goodbye to your landlord and step into homeownership with an incredible, hard-to-find financial advantage. This affordable and solid home features a rare assumable FHA loan at a fixed 3.25% interest rate (approx. $187k balance, 25 years remaining), keeping your monthly PITI payment at a remarkably low $1,319! To make it sweeter, property taxes are an ultra-low $1,685/year. Living room with laminate flooring. Bright, functional kitchen packed with ample cabinetry, a dedicated pantry. Newer SS appliances. Bathroom with tub/shower combination.Located in a quiet, peaceful neighborhood.Large, fully fenced backyard with convenient alley access.Bonus Space: A large, finished room attached to the back of the detached garage is a blank canvas—perfect for an ADU conversion, home office, workshop, or craft room.Don't miss this rare opportunity to lock in yesterday's interest rates today! Schedule your tour today.

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Home facts

  • Year built:1928
  • Listing ID #:842810
  • Added:1 day(s) ago
  • Updated:June 28, 2026 at 12:01 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Laminate
  • Dining Description:Combination Dining Area
  • Kitchen Description:Dishwasher, On Level 1, Range Included, Range: Electric
  • Bedroom Description:Master Bedroom on Level 1
  • Living area:998 sq. ft.

Heating and cooling

  • Heating:Electric, Zonal

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1928
  • Building area:998 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Dimension Above
  • Architectural Style:1 Story
  • Construction Materials:Wood
  • Exterior Features:Fenced Yard, Underground Sprinklers
  • Foundation Description:Continuous

Schools

  • High school:Dallas
  • Middle school:LaCreole
  • Elementary school:Oakdale Heights

Utilities

  • Water:City, Connected
  • Sewer:City Sewer

Finances and disclosures

  • Price:$339,850
  • Price per sq. ft.:$340.53
  • Tax amount:$1,685 (25-26)

Features and amenities

  • Amenities:Area/Room For RV, Electric Water Heater

Parking

  • Parking description:Detached Garage
  • Garage spaces:1
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. OR_WVMLS Member Broker: Jeff Knipe

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