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New Construction Quadplex
For Sale
$1,295,000

931 PROSPECT St, Oregon City, OR 97045

MultiFamily, OregonCity, OR

Property SizeContact for details
Lot Size0.11 Acres
Days on Market24

Property Features for 931 PROSPECT St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 7, Bedroom 4, Bathroom 6, Bathroom 7, Bedroom 3, Bathroom 2, Bathroom 8, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 8, Bedroom 5
Elementary school Gaffney Lane
Middle school Gardiner
High school Oregon City
Directions Molalla & Holmes
Subdivision _146
Standard status Active
APN 05017489
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description TOWNSHIP 3S RANGE 2E SECTION 05 QUARTER BC TAX LOT 01101
Tax Annual Amount 12903
Legal Description TOWNSHIP 3S RANGE 2E SECTION 05 QUARTER BC TAX LOT 01101

Utilities

Heating system Zoned

Building Details

Year built 2023
Floors in Building 2
Number of units 4
Roof type Composition
Listing Agency: Premiere Property Group, LLC
Listed By: Steve Nassar · License #201202032
Added: Aug 14 Changed: Sep 3 Last Checked: Sep 6 at 2:06AM
MLS# 141720006

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Completed in 2023, this quadplex contains four townhouse-style units, each with 1,000 square feet, two bedrooms, and one and one-half bathrooms. The layouts place an open great room on the main level and bedrooms upstairs. Luxury vinyl plank flooring serves the main floors, while carpet is installed upstairs. Kitchen appliances are included, and three units also include washers and dryers. Zoned heating and composition roofing support the property’s current configuration, while low-maintenance landscaping reduces exterior upkeep. The units are fully rented and positioned on a 0.11-acre lot in Oregon City. The property is near bus service, downtown, freeway access, grocery stores, and restaurants, with several everyday destinations within walking distance.

Key Highlights

  • Four townhouse units, each with 1000 sq ft, 2 Bedrooms, and 1 1/2 Bathrooms
  • Built in 2023 on a 0.11‑acre lot
  • Fully rented quadplex with four residential units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Parking Lot & Garage Catering Service Electrical Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

867
Businesses Nearby

Demographics for 97045, OR

57,403
Population
21,702
Households
2.6
Avg Household Size
41
Median Age
33%
College-Educated
95%
High-School Grad
86.8 sq mi
ZIP Area
661
Density / Sq Mi
$100,388
Median Household Income
$49,342
Median Earnings
$1,600
Median Rent
$563,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully rented townhouse-style units feature updated finishes, included appliances, and low-maintenance landscaping.
Where is this quadplex located?
The property is located at 931 PROSPECT St Oregon City, OR.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Four townhouse units, each with 1000 sq ft, 2 Bedrooms, and 1 1/2 Bathrooms; Built in 2023 on a 0.11‑acre lot; Fully rented quadplex with four residential units
More about this property
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