Step into a smart, income-producing investment in the heart of vibrant Oregon City. This contemporary two-story townhouse condo offers 3 bedrooms, 2.5 baths, an attached garage, in-unit laundry, and 1,262 sq. ft. of updated living space, perfectly balancing tenant comfort with long-term value. Currently tenanted under a one-year lease, it delivers immediate, stable cash flow while minimizing vacancy risk. With owner-seller carry terms—20% down at 7–8% interest, amortized over 30 years, and no prepayment penalty within 8–10 years—acquisition is fast, flexible, and low-friction. Located near colleges, hospitals, shopping, dining, entertainment, and Oregon City’s historic landmarks, this property enjoys excellent walk scores and strong rental demand. Beyond cash flow, investors benefit from Oregon’s 2025 tax advantages, including mortgage interest and property tax deductions, depreciation, deductible expenses, and future 1031 exchange potential, making this a sophisticated, tax-smart long-term investment. Turnkey, strategically located, and investor-friendly, this townhouse is a rare opportunity to combine stable income, long-term appreciation, and financial flexibility.
Sold
$390,000
421 Harris Ln, Oregon City, OR 97045
3beds
1,262sqft
Residential, Condominium, Townhouse
Built in 2004
-- sqft lot
$385,400 Zestimate®
$309/sqft
$2,440 Estimated rent
Home value
$385,400
$355,000 - $412,000
$2,440/mo
Zestimate® history
Owner options
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$2,440/mo
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$2,440/mo
Rent Zestimate®
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$2,636/mo
Est. payment
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$2,636/mo
Est. payment
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List your homeWhat's special
Contemporary two-story townhouse condoUpdated living spaceIn-unit laundryAttached garage
Zillow last checked:
Listing updated:
Listed by:
Aimee Davis FireflyRealEstate@gmail.com,
Firefly Real Estate
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 746352584
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Balcony, Bathroom, Closet, Wallto Wall Carpet
- Level: Upper
- Area: 231
- Dimensions: 21 x 11
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 108
- Dimensions: 12 x 9
Bedroom 3
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 90
- Dimensions: 10 x 9
Dining room
- Features: Living Room Dining Room Combo, Vinyl Floor
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Kitchen
- Features: Dishwasher, Disposal, Eating Area, Sliding Doors, Free Standing Range, Free Standing Refrigerator, Quartz, Vinyl Floor
- Level: Main
- Area: 70
- Width: 7
Living room
- Features: Living Room Dining Room Combo, Closet, Vinyl Floor
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Heating
- Forced Air, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Range Hood, Stainless Steel Appliance(s), Gas Water Heater
- Laundry: Hookup Available
Features
- High Speed Internet, Quartz, Closet, Living Room Dining Room Combo, Eat-in Kitchen, Balcony, Bathroom
- Flooring: Slate, Vinyl, Wall to Wall Carpet
- Doors: Sliding Doors
- Windows: Double Pane Windows
- Basement: Crawl Space,None
- Fireplace features: Gas
Interior area
- Total structure area: 1,262
- Total interior livable area: 1,262 sqft
Property
Parking
- Total spaces: 1
- Parking features: Other, Garage Door Opener, Condo Garage (Other), Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: Garage On Main, Accessibility
Features
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Balcony
Lot
- Features: Level
Details
- Parcel number: 05011695
Construction
Type & style
- Home type: Townhouse
- Property subtype: Residential, Condominium, Townhouse
Materials
- Cement Siding, Cultured Stone, Other
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2004
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other Internet Service
Community & neighborhood
Security
- Security features: Fire Sprinkler System
Location
- Region: Oregon City
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
- Amenities included: Commons, Sewer, Trash, Water
Other
Other facts
- Listing terms: Contract
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $390,000-7.1%$309/sqft |
Source:  RMLS (OR) #746352584 Report a problem | ||
| 10/22/2025 | Pending sale | $420,000$333/sqft |
Source: RMLS (OR) #746352584 Report a problem | ||
| 7/1/2025 | Listed for sale | $420,000$333/sqft |
Source: RMLS (OR) #746352584 Report a problem | ||
| 4/7/2025 | Listing removed | $2,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2025 | Listed for rent | $2,250+2.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/21/2023 | Price change | $2,195-4.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/11/2023 | Listed for rent | $2,300+28.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/14/2019 | Listing removed | $1,795$1/sqft |
Source: All In The Family Property Management LLC Report a problem | ||
| 11/28/2018 | Price change | $1,795-10%$1/sqft |
Source: All In The Family Property Management LLC Report a problem | ||
| 10/29/2018 | Listed for rent | $1,995$2/sqft |
Source: All In The Family Property Management LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,071 +10.2% | $253,102 +3% |
| 2024 | $4,600 +2.5% | $245,731 +3% |
| 2023 | $4,487 +6% | $238,574 +3% |
| 2022 | $4,232 +4.2% | $231,626 +3% |
| 2021 | $4,062 +2.9% | $224,880 +3% |
| 2020 | $3,946 +2.2% | $218,331 +3% |
| 2019 | $3,862 +5.2% | $211,972 +3% |
| 2018 | $3,670 +5.8% | $205,798 +3% |
| 2017 | $3,468 -1.2% | $199,804 +3% |
| 2016 | $3,510 | $193,984 +3% |
| 2015 | $3,510 +2.6% | $188,334 +3% |
| 2014 | $3,422 +6% | $182,849 +3% |
| 2013 | $3,227 +4% | $177,523 +3% |
| 2012 | $3,104 +3.6% | $172,352 +3% |
| 2011 | $2,997 +2.1% | $167,332 +3% |
| 2010 | $2,935 +2.3% | $162,458 +3% |
| 2009 | $2,869 +5.7% | $157,726 +3% |
| 2008 | $2,713 +8.7% | $153,132 +3% |
| 2007 | $2,496 +6.2% | $148,672 +3% |
| 2006 | $2,349 +130.8% | $144,342 +132.9% |
| 2005 | $1,018 | $61,977 |
Find assessor info on the county website
Neighborhood: Barclay Hills
Nearby schools
GreatSchools rating
- 4/10Gaffney Lane Elementary SchoolGrades: K-5Distance: 1.1 mi
- 4/10Gardiner Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Oregon City High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Gaffney Lane
- Middle: Gardiner
- 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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Estimated market value
$385,400
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Estimated market value
$385,400
- Oregon
- Clackamas County
- Oregon City
- 97045
- Barclay Hills
- 421 Harris Ln
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Nearby neighborhoods
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