149 Molalla Ave Oregon City, OR 97045
This exceptional 4,792 sq ft corner lot in Oregon City, Oregon (97045), presents a unique investment opportunity. Zoned MUC1, it boasts approved plans for a duplex featuring two spacious 1,200 sq ft units, each with two bedrooms and two and a half bathrooms. The property's location offers convenient access to Main Street's vibrant amenities, including restaurants, shops, and cafes, all within less than a mile. This permit-ready project is ideal for developers and investors seeking to capitalize on Oregon City's growth. The oversized lot provides ample space for the proposed duplex and potential future expansion. The asking price is $199,900. This is a rare chance to acquire a ready-to-build duplex project in a highly desirable location. The approved plans streamline the development process, minimizing delays and maximizing return on investment. Don't miss this opportunity to build in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.