One-Level Duplex with
For Sale
$549,900
555 HARTKE Loop, Oregon City, OR 97045
MultiFamily, OregonCity, OR
Property Size1,871 SF
Price / SF$293.91
Days on Market47
Property Features for 555 HARTKE Loop
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3.5
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 4
Subdivision
South End
View
Park
Elementary school
John McLoughlin
Middle school
Gardiner
High school
Oregon City
Directions
West on Warner Parrott Rd,R on Birchwood,R on Hazelwood,R0n Hartke Lp
Standard status
Active
APN
00856194
Size
1,871 SF
Taxes and HOA fees
Tax Description
1577 HAZELWOOD PARK NO 4 LT 14 BLK 6
Tax Annual Amount
4919
Legal Description
1577 HAZELWOOD PARK NO 4 LT 14 BLK 6
Building Details
Year built
1974
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
RE/MAX Equity Group · RE/MAX International
(503) 653-0607
Listed By:
Cathy Cover
(503) 706-8468
Added: Sep 4
Changed: Oct 15
Last Checked: Oct 20 at 6:06AM
MLS# 339839825
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.
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Investment Insights
Based on property information with market context.
This one-level duplex contains two residential units, each with 2 bedrooms and 2 bathrooms. The property totals 1,871 square feet and was built in 1974, with composition roofing and garages serving the units. One unit includes an additional bonus room currently used as an office, while the front unit has a fenced backyard and substantial additional parking area.
The property is located across from Hartke Park in a residential setting in Oregon City. R3.5 zoning supports the existing duplex configuration. The combination of two-bedroom layouts, garage space, outdoor area, and the extra room provides a practical arrangement for residential occupancy.
The property is located across from Hartke Park in a residential setting in Oregon City. R3.5 zoning supports the existing duplex configuration. The combination of two-bedroom layouts, garage space, outdoor area, and the extra room provides a practical arrangement for residential occupancy.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 2 bathrooms per unit
- 1,871 square feet on a one‑level layout
- One unit includes an additional bonus room currently used as an office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,024
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,480
$480.5K
Cap Rate 7%
$343,200
$343.2K
Cap Rate 9%
$266,933
$266.9K
Market Conditions
NOI Build-Up for 1,871 SF
Gross rent
$46.0K $24.60/SF
− Vacancy
−$2.3K −$1.25/SF
EGI
$43.7K $23.35/SF
− OpEx
−$19.7K −$10.51/SF
NOI
$24.0K $12.84/SF
Area
Clackamas County, OR
Vacancy
5.10%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,480
Cap Rate 7%
$343,200
Cap Rate 9%
$266,933
Alternative Uses
Best Use
Apartment 5plus
$343.2K
$300.3K – $400.4K
NOI $24,024 @ 7.0% cap · market cap 4.37%
Second Best
Multifamily LT 5
$335.7K
$293.8K – $391.7K
NOI $23,502 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$505.0K
$441.9K – $589.2K
NOI $35,352 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer garages, private outdoor space, and an additional bonus room in one unit.
Where is this duplex located?
The property is located at 555 HARTKE Loop Oregon City, OR.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 2 bathrooms per unit; 1,871 square feet on a one‑level layout; One unit includes an additional bonus room currently used as an office
