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    Leased Oregon City Duplex Title is generated by Realmo AI

    715 S MCLOUGHLIN BLVD, Oregon City, OR 97045

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    Fully leased two-unit duplex with interior upgrades, a finished basement, and Willamette River views.

    Type:Multifamily
    Property size:
    1,980 SF
    Price / SF:
    $201/SF
    Added:
    Jun 1, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 6 at 2:35 am

    Property Features for 715 S MCLOUGHLIN BLVD

    General Information

    Standard status
    Active
    Size
    1,980 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1900

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    Listing Contact
    Darryl Bodle
    Darryl Bodle

    Listing agent Darryl Bodle License #199910100

    Listing office Keller Williams Realty Portland Premiere

    Listing date Jun 1, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Portland Premiere

    HighLights

    • Fully leased Oregon City duplex with existing in‑place rental income (2 units).
    • Year built 1900; total interior area includes ~1,100 SF on the main level plus ~880 SF basement area (~1,980 SF total, buyer to verify).
    • Unit A: rehab at seller’s purchase with kitchen appliance updates, pantry improvements, plumbing updates as needed, lighting, and fresh interior paint.
    • Unit B: complete rehab with new kitchen and bathroom, plumbing updates, heating, and fresh interior paint.
    • Finished basement includes a full bathroom, washer/dryer area, utility improvements, and a water heater (flexible storage/potential use subject to due diligence).
    • Views toward the Willamette River and close proximity to downtown Oregon City and Canemah, plus access to Hwy 99E and I‑205.

    Overview

    This leased duplex offers a two-unit income opportunity with completed interior improvements. The main level provides two units totaling approximately 1,100 square feet, plus an additional approximately 880 square feet of basement area for an estimated total of about 1,980 square feet; the buyer should verify. Unit A was rehabbed at the time of the seller’s purchase with kitchen appliance updates, pantry improvements, plumbing updates as needed, updated lighting, and fresh interior paint. Unit B underwent a complete rehab, including a new kitchen and bathroom, plumbing and heating improvements, fresh interior paint, and broad interior updates. The basement features a full bathroom, a washer and dryer area, utility improvements, a water heater, and some lighting updates, along with flexible storage and potential for future use subject to due diligence.

    Located on S McLoughlin Blvd in Oregon City, the property is described as having views toward the Willamette River. Nearby amenities and access points cited in the remarks include downtown Oregon City and Canemah, Willamette Falls viewpoints, Clackamette Park, McLoughlin Promenade, local transit, and access to Hwy 99E and I-205.

    The asset is well suited to an investor seeking a leased two-unit property with in-place rental income and recent interior upgrades. It may also appeal to an owner-occupant scenario for a buyer interested in potentially occupying one unit and supplementing with the second unit, subject to lease timing, lender approval, and buyer due diligence.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $48.7k $24.60
    − Vacancy −$2.5k −$1.25
    EGI $46.2k $23.35
    − OpEx −$20.8k −$10.51
    NOI $25.4k $12.84
    1,980 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $363.2K
    $317.8K – $423.7K (±1% cap)
    NOI $25,423 @ 7.0% cap · market cap 6.36%
    Second Best
    Multifamily LT 5
    $355.3K
    $310.9K – $414.5K (±1% cap)
    NOI $24,871 @ 7.0% cap · market cap 6.22%
    Theoretical Best
    Office A
    $534.5K
    $467.7K – $623.5K (±1% cap)
    NOI $37,412 @ 7.0% cap · market cap 9.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Skin Care Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oregon City
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.6249061
    Latitude
    45.3466891

    FAQs

    What type of property is this?
    Duplex - Fully leased two-unit duplex with interior upgrades, a finished basement, and Willamette River views.
    Where is this duplex located?
    The property is located at 715 S MCLOUGHLIN BLVD Oregon City, OR.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: Fully leased Oregon City duplex with existing in‑place rental income (2 units).; Year built 1900; total interior area includes ~1,100 SF on the main level plus ~880 SF basement area (~1,980 SF total, buyer to verify).; Unit A: rehab at seller’s purchase with kitchen appliance updates, pantry improvements, plumbing updates as needed, lighting, and fresh interior paint.
    (503) 597-2444 Call to check price and availability
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