Fourplex Multifamily
New
For Sale
$1,400,000
89048 E LITTLE Trl, Government Camp, OR 97028
MultiFamily, GovernmentCamp, OR
Property Size3,600 SF
Price / SF$388.89
Days on Market3
Property Features for 89048 E LITTLE Trl
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RTC
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 8, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 3
View
Territorial
Elementary school
Welches
Middle school
Welches
High school
Sandy
Directions
Government Camp Loop to Little Trail
Subdivision
_153
Standard status
Active
APN
00992527
Size
3,600 SF
Taxes and HOA fees
Tax Description
171 POMPEII LT 2 BLK 10
Tax Annual Amount
7613
Legal Description
171 POMPEII LT 2 BLK 10
Building Details
Year built
1985
Floors in Building
2
Number of units
4
Roof type
Metal
Listing Agency:
Oregon First
(503) 667-5686
Listed By:
Adam Durham
(503) 349-2204
Added: Oct 16
Changed: Oct 18
Last Checked: Oct 18 at 10:06PM
MLS# 365215514
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 multifamily property contains four units within 3,600 square feet. Built in 1985, the building has a metal roof and RTC zoning. The room information lists eight bedrooms and four bathrooms across the property.
Located in Government Camp, the property is within walking distance of shops and dining in the downtown area.
Located in Government Camp, the property is within walking distance of shops and dining in the downtown area.
Key Highlights
- Four units in a 3,600‑square‑foot multifamily property
- Eight bedrooms and four bathrooms listed across the property
- Built in 1985 with a metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,224
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,480
$924.5K
Cap Rate 7%
$660,343
$660.3K
Cap Rate 9%
$513,600
$513.6K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$88.6K $24.60/SF
− Vacancy
−$4.5K −$1.25/SF
EGI
$84.0K $23.35/SF
− OpEx
−$37.8K −$10.51/SF
NOI
$46.2K $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%
$924,480
Cap Rate 7%
$660,343
Cap Rate 9%
$513,600
Alternative Uses
Best Use
Apartment 5plus
$660.3K
$577.8K – $770.4K
NOI $46,224 @ 7.0% cap · market cap 3.30%
Second Best
Multifamily LT 5
$646.0K
$565.3K – $753.7K
NOI $45,220 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$971.7K
$850.3K – $1.13M
NOI $68,021 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Explore this area
Business Placement
Demographics for 97028, OR
230
Population
614
Households
0.4
Avg Household Size
38
Median Age
63%
College-Educated
98%
High-School Grad
38.0 sq mi
ZIP Area
6
Density / Sq Mi
$77,119
Median Household Income
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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?
Quadplex - Four residential units provide a multifamily configuration in downtown Government Camp.
Where is this quadplex located?
The property is located at 89048 E LITTLE Trl Government Camp, OR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Four units in a 3,600‑square‑foot multifamily property; Eight bedrooms and four bathrooms listed across the property; Built in 1985 with a metal roof
