147 Water Alley, Prairie City, OR 97869

Local realty services provided by:Knipe Realty ERA Powered
147 Water Alley,Prairiecity, OR 97869
$265,000
  • 2 Beds
  • 2 Baths
  • 2,883 sq. ft.
  • Single family
  • Active
Listed by: deborah brown
Office: madden realty
MLS#:612356219
Source:PORTLAND

Price summary

  • Price:$265,000
  • Price per sq. ft.:$91.92

About this home

Rare Dual-Income Opportunity: (See MLS 668547505 if your interested in two commercial buildings.) This unique property features two high-visibility storefronts perfect for retail, office space, or studio use. Tucked privately behind the commercial wing is a stunning, open-concept residence currently operating as a successful rental.The living quarters boast a modern, airy layout with 2 bedrooms, 2 bathrooms, and a massive open loft upstairs—ideal for an additional sleeping area or creative studio. Guests and residents alike will enjoy the paved outdoor patio and charming low-maintenance yard, all framed by breathtaking mountain views. Whether you run your business from the front and live in the back, or rent all three units for maximum cash flow, this property is a turnkey gem.

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Home facts

  • Year built:1902
  • Listing ID #:612356219
  • Added:25 day(s) ago
  • Updated:February 02, 2026 at 12:18 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,883 sq. ft.

Heating and cooling

  • Heating:Oil Stove

Structure and exterior

  • Roof:Composition
  • Year built:1902
  • Building area:2,883 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Prairie City
  • Middle school:Prairie City
  • Elementary school:Prairie City

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$265,000
  • Price per sq. ft.:$91.92
  • Tax amount:$2,426 (2025)
MLS LogoAll 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 Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: February 2, 2026

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