308 HIGH ST, Oregon City, OR 97045

$599,900
3,174
SqFt

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List Price
$599,900
Days on Market
69
MLS#
727175603
Property Type
Multifamily
Sqft. of Residence
3,174
Lot Size
3, 000 to 4, 999 SqFt
Region
Oregon City, Beavercreek, Canby, Molalla, Mulino
Status
ACTIVE

Property Description

** 3 Unit Income Opportunity or House Hack ** Set across from Promenade Park with views toward historic downtown Oregon City and Willamette Falls, this three-unit multifamily offering pairs in-place income with a memorable High Street setting. Built in 1905 and configured with one unit on each level, this property gives investors an established rental profile in one of Oregon City’s most recognizable historic areas. The seller completed substantial work during ownership, strengthening both curb appeal and core functionality. *Exterior work in 2025 included roof, siding, and gutter replacement, kitchen porch and porch roof replacement, dormer window repairs, select window replacement, porch rail repairs, and fencing repairs. Inside, the units benefited from updated kitchen cabinets and appliances, lighting fixtures, bathroom updates, heating updates, plumbing repairs as needed, fresh paint, and attic finish work. The basement utility area was also improved with updated electrical panels, furnaces, and water heaters. The location is a key retention driver, with nearby access to downtown Oregon City, the Municipal Elevator, Main Street shops, coffee, restaurants, pubs, river viewpoints, Willamette Falls views, Clackamette Park, Canemah, Providence Willamette Falls Medical Center, Clackamas Community College, and commuter routes. Tenants can enjoy walkable access to scenic outdoor spaces, local dining, daily services, and the downtown core, creating a convenient setting that supports consistent demand. Street parking. Buyer to verify all property details, unit configuration, rents, expenses, square footage, zoning, legal use, and future potential.

Additional Information

Tax Amount
$4,073
Year Built
1905
High School
Oregon City
Elementary School
Holcomb
Middle School
Gardiner
Acres
0.08
Living Area
3,174
Stories
3
Subdivision
MCLOUGHLIN
Lot Size Dimension
33x105
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
None
Fuel Description
Electricity, Gas
Heating Description
Forced Air, Wall Heater
Hoa Rent Includes
None
Hot Water Description
Electricity, Tank
Exterior Description
Lap Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Trees/Woods
Parking
On Street
Parking Description
On Street
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Beds Total
3
Unit Type One Rent
1643
Unit Type One Sq Ft
1357
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
3
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1120
Unit Type Three Sq Ft
800
Unit Type Three Units Total
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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