Rare Opportunity to own two homes on one tax lot in highly desirable Historic downtown Oregon City.This well maintained investment property,originally built in 1940, has benefited from numerous upgrades and offers immediate, dependable cash flow.Both homes are currently occcupied by long term tenants,providing stable income from the day of closing.Whether your looking to expand your real estate portfolio,generate passive income,this is a great opportunity.Conveniently located near shopping,parks and downtown Oregon City with restraunts, bars, food carts schools and freeways.Rents are $2,700 for large home and $1,700 for the smaller home.Small home has 2 bedrooms , i bath and approx 900 square feet.
Active
$700,000
320 High St, Oregon City, OR 97045
6beds
2,852sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$245/sqft
$-- HOA
What's special
- 66 days
- 291
- 18
Zillow last checked:
Listing updated:
Listed by:
Nash Barinaga 503-816-8073,
Soldera Properties, Inc
Source: RMLS (OR),MLS#: 188364473
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Fireplace(s)
Appliances
- Included: Dishwasher, Range, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Full,Storage Space
Interior area
- Total structure area: 2,852
- Total interior livable area: 2,852 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Features: Corner Lot, Level, On Busline, SqFt 5000 to 6999
Details
- Parcel number: 00573917
- Zoning: Resid
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Satellite Internet Service
Community & HOA
Community
- Subdivision: Historic Oregon City
HOA
- Has HOA: No
Location
- Region: Oregon City
Financial & listing details
- Price per square foot: $245/sqft
- Tax assessed value: $598,274
- Annual tax amount: $4,839
- Date on market: 7/30/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4400
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $700,000$245/sqft |
Source:  RMLS (OR) #655469657 Report a problem | ||
| 11/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/12/2023 | Listed for rent | $2,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/19/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/11/2021 | Price change | $2,700-6.9%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/16/2021 | Listed for rent | $2,900$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,840 +10.2% | $241,559 +3% |
| 2024 | $4,390 +2.5% | $234,524 +3% |
| 2023 | $4,283 +6% | $227,694 +3% |
| 2022 | $4,039 +4.2% | $221,063 +3% |
| 2021 | $3,877 +2.9% | $214,625 +3% |
| 2020 | $3,766 +2.2% | $208,374 +3% |
| 2019 | $3,686 +10.7% | $202,305 +8.4% |
| 2018 | $3,329 | $186,661 +3% |
| 2017 | $3,329 +4.6% | $181,224 +3% |
| 2016 | $3,184 | $175,946 +3% |
| 2015 | $3,184 +2.6% | $170,821 +3% |
| 2014 | $3,103 +6% | $165,846 +3% |
| 2013 | $2,927 +4% | $161,016 +3% |
| 2012 | $2,815 +3.6% | $156,326 +3% |
| 2011 | $2,718 +2.1% | $151,773 +3% |
| 2010 | $2,663 +2.3% | $147,352 +3% |
| 2009 | $2,602 +5.7% | $143,060 +3% |
| 2008 | $2,461 +8.7% | $138,893 +3% |
| 2007 | $2,264 +6.3% | $134,848 +3% |
| 2006 | $2,131 +2.1% | $130,920 +3% |
| 2005 | $2,088 +2.4% | $127,107 +3% |
| 2004 | $2,040 +1.6% | $123,405 +3% |
| 2003 | $2,009 +3% | $119,811 +3% |
| 2002 | $1,950 -0.2% | $116,321 +3% |
| 2001 | $1,954 -0.5% | $112,933 +3% |
| 2000 | $1,963 | $109,644 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: McLoughlin
Nearby schools
Schools provided by the listing agent
- Elementary: Holcomb
- Middle: Tumwata
- High: Oregon City
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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