Residential Income

Damascus, OR Residential Income Properties for Sale

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Happy Valley, OR Clackamas, OR Portland, OR Boring, OR Gresham, OR Oregon City, OR Eagle Creek, OR Milwaukie, OR
Damascus Commercial Development Land
Updated: Aug 14, 2023
Damascus Commercial Development Land

16400 SE HIGHWAY 224, Damascus, OR 97089

$1,900,000
3.98 AC lot
Prime commercial development property in the approved Pleasant Valley North Carver Comprehensive Plan.
Zoned CCC - Community Commercial Center District, allowing for a wide range of small businesses, services, and mixed‑use development.
Approved for annexation into Happy Valley.
3.98 acre property.
Fenced and gated for security.
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1 active listing matches your search: Residential Income for sale in Damascus, OR. Based on your search, we've also compiled 17 Potential Opportunities for your consideration: 4 properties in nearby cities, 9 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Detached ADU
Duplex with Detached ADU

13661 SE ELLEN Dr, Clackamas, OR 97015

$650,000
2,400 sqft

The property pairs a three-bedroom main residence with a separate accessory dwelling unit above the garage.

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Multifamily Property with Detached ADU
Multifamily Property with Detached ADU

13661 SE Ellen DR, Clackamas, OR 97015

$650,000
2,400 sqft

A three-bedroom main residence is paired with a separate two-bedroom accessory dwelling above the garage.

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Duplex with Separate Living Areas
Duplex with Separate Living Areas

825 YALE Ave, Gladstone, OR 97027

$429,500
1,598 sqft

The 1,598-square-foot property has forced-air heating and R5 zoning.

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Two-Unit Townhouse-Style Duplex
Two-Unit Townhouse-Style Duplex

101 Cornell Ave, Gladstone, OR 97027

$590,000
2,100 sqft

Well-maintained income property with private outdoor areas, attached garages, and established occupancy.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Happy Valley Residential Land Parcel
Happy Valley Residential Land Parcel

Happy Valley, OR 97089

$1,200,000
7.57 AC lot

7.57-acre vacant land parcel in Happy Valley, Oregon.

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Clackamas Land For Sale
Clackamas Land For Sale

Summerfield Way, Clackamas, OR 97086

$699,000

Two acre developable land in Happy Valley, Oregon.

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Oregon City Land Opportunity
Oregon City Land Opportunity

Oregon City, OR 97045

$1,200,000
6.25 AC lot

6.25 acres in Oregon City near Clackamas River.

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R20 Zoned Development Land
R20 Zoned Development Land

10402 SE MATHER Rd, Clackamas, OR 97015

$2,199,000
9.86 AC lot

Nearly 10 acres zoned R20 in Clackamas, with farm/forestry tax deferral to be satisfied at closing, and utilities available.

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Off-Market Properties in Damascus, OR

Consider similar Off-Market properties in Damascus, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Damascus, OR 97089
MOBILE HOME PARK, TRAILER PARK

Damascus, OR 97089

Estimated value:
$1,970,000
19.23 AC lot
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16300 Hwy 224
MOBILE HOME PARK, TRAILER PARK

16300 Hwy 224, Damascus, OR 97089-8851

Estimated value: by Request
0.85 AC lot
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15758 Hwy 224
MOBILE HOME PARK, TRAILER PARK

15758 Hwy 224, Damascus, OR 97089-6417

Estimated value: by Request
2,016 sqft 14.94 AC lot
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15758 Hwy 224
MOBILE HOME PARK, TRAILER PARK

15758 Hwy 224, Damascus, OR 97089-6417

Estimated value:
$345,000
4.30 AC lot
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16300 Hwy 224
MOBILE HOME PARK, TRAILER PARK

16300 Hwy 224, Damascus, OR 97089-8851

Estimated value:
$2,615,000
8.75 AC lot
View details
16300 Hwy 224
MOBILE HOME PARK, TRAILER PARK

16300 Hwy 224, Damascus, OR 97089-8851

Estimated value: by Request
1.00 AC lot
View details
16300 Hwy 224
MOBILE HOME PARK, TRAILER PARK

16300 Hwy 224, Damascus, OR 97089-8851

Estimated value: by Request
1.17 AC lot
View details
Damascus, OR 97089
MOBILE HOME PARK, TRAILER PARK

Damascus, OR 97089

Estimated value: by Request
0.20 AC lot
View details

Damascus, OR Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Damascus, OR on our real estate platform.

Sale prices for residential investment properties in Damascus, OR average $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Single family properties 1

Demographics Overview

Population 47K
Population Growth (5Y) +2.4%
Median Household Income $97,347
College Educated 39.2%

High-Yield Neighborhoods for Investment

Identify Damascus submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
97089 $1.9M

Taxes & Financing

Tax Rate (average for all types) 1.69%
Property Tax per SF $44.96 per SF
Tax Rate vs County Average 0.13 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Clackamas County

New Delisted

Total CRE Inventory on Market (SF)

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