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Eric Young

oregonbroker@callitclosed.com +1(360) 901-4782

Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$ 399,900

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715 S MCLOUGHLIN BLVD Oregon City, OR 97045

1,980 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,980 sqft

Price per Sqft $201

Subdivision Canemah

MLS Listing ID 682816475

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,153

Tax Year 2025

Lot Size 2,178 Sqft

Property Description

** 2 Unit Income Opportunity or House Hack ** Fully leased Oregon City duplex offering in place income, completed interior improvements, views toward the Willamette River, and future upside near downtown Oregon City and Canemah. The main level includes two units totaling ~1,100 square feet, with an additional ~880 square foot basement area for a total of ~1,980 square feet; buyer to verify. Unit A was rehabbed at the time of the seller's purchase with kitchen appliance updates, pantry improvements, plumbing updates as needed, lighting, and fresh interior paint. Unit B received a complete rehab with a new kitchen, bathroom, plumbing, heating, fresh interior paint, and broad interior improvements. The basement includes a full bathroom, a washer and dryer area, utility improvements, a water heater, some lighting updates, and flexible storage or potential for future use, subject to due diligence. Strong fit for an investor seeking a leased two unit asset with existing rental income, while also offering a possible future owner occupant path for a buyer who may want to occupy one unit and use the second unit for supplemental rental income, subject to lease timing, lender approval, and buyer due diligence. The setting offers durable tenant retention appeal with close proximity to the Willamette River, McLoughlin Promenade, Oregon City Municipal Elevator, Willamette Falls viewpoints, Clackamette Park, downtown shops, coffee, breweries, restaurants, transit, Hwy 99E, and I-205 access. Residents can enjoy quick access to riverfront scenery, local dining, everyday services, and commuter routes without sacrificing the character of Oregon City's historic core. For investors, that mix of location, access, views, and nearby amenities helps support long term rental demand and makes the property easier to position for future tenants.

Location

State OR

County Clackamas

Area _146

Zoning HC

Rooms

Basement Partial Basement, Partially Finished

Interior

Heating Forced Air, Wall Heater

Cooling None

Exterior

View River, Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level, Public Road

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Holcomb

Middle Schools Gardiner

High Schools Oregon City

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://www.youtube.com/watch?v=EnANIuXXm8c

Regional Multiple Listing Service (RMLS)

Nearby Locations

Eric Young

Broker | OR201219799

+1(360) 901-4782

Eric Young

715 S MCLOUGHLIN BLVD Oregon City, OR 97045

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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715 S MCLOUGHLIN BLVD