715 S MCLOUGHLIN BLVD Oregon City, OR 97045
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Price:
$399,900
Units:
2
Acres:
0.05
Unit 1:
1 Bed 1.0 Bath $1,350/mo
Features: Dishwasher, Microwave, Range, Refrigerator
Unit 2:
1.0 Bath $1,050/mo
Features: Dishwasher, Microwave, Range, Refrigerator
MLS#:
682816475
Lot Size:
0K to 2,999 SqFt
Type:
Multi
Zone:
HC
Yr Built:
1900
Taxe/yr:
$4,153.25
County:
Clackamas
Status:
Active
Levels:
2
Heat:
Forced Air, WallHeater
Nhood/Bldg:
CANEMAH
View:
River, Trees/Woods
Elem:
Holcomb
Middle:
Gardiner
High:
Oregon City
Lot Desc:
Corner Lot, Level, Public Road
Area:
Oregon City, Beavercreek, Canby, Molalla, Mulino
Courtesy of:
Keller Williams Realty Portland Premiere
Remarks:
** 2 Unit Income Opportunity or House Hack ** Fully leased Oregon City duplex offering in-place income, completed interior improvements, views toward the Willamette River, ample parking alongside the home, 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- income, while an 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, parking, and nearby amenities helps support long-term rental demand and makes the property easier to position for future tenants.
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