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New Construction Quadplex
New
For Sale
$1,295,000

931 PROSPECT St, Oregon City, OR 97045

MULTI_FAMILY - OregonCity, OR

Property SizeContact for details
Lot Size0.11 Acres
Days on Market4

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 Bathroom 6, Bedroom 6, Bathroom 3, Bathroom 7, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 5, Bathroom 4, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 4, Bathroom 8
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

Amenities

low maintenance landscaping

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: Aug 17 Last Checked: Aug 17 at 9:06PM
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.

Built in 2023, this residential income property contains four townhouse-style units, each measuring 1,000 square feet with two bedrooms and one-and-a-half bathrooms. The two-level layouts place the main living areas downstairs and bedrooms upstairs. Luxury vinyl plank flooring serves the primary living spaces, while carpeting is used on the upper level. Kitchen appliances are included in every unit, and three units also include washers and dryers. The property has zoned heating, composition roofing, and low-maintenance landscaping on a 0.11-acre lot.

The quadplex is located near a bus line with access to downtown and the freeway. Grocery stores, restaurants, and other services are within walking distance. All four units are currently rented, and the property carries Res zoning.

Key Highlights

  • Four townhouse‑style units, each with 1,000 square feet, 2 bedrooms, and 1.5 bathrooms
  • Built in 2023 with four currently rented units
  • Two‑level layouts with living areas downstairs and bedrooms upstairs

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 - Four townhouse-style units offer updated interiors, included appliances, and convenient access to transit, shopping, dining, downtown, and the freeway.
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‑style units, each with 1,000 square feet, 2 bedrooms, and 1.5 bathrooms; Built in 2023 with four currently rented units; Two‑level layouts with living areas downstairs and bedrooms upstairs
More about this property
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