Opportunity knocks! Two units, both currently rented, with excellent cash flow. The main house in front is 1,188 sq. ft. incl. converted garage, 2 BR/1 bath, currently rented at $1,650/month. The second house in rear has been recently refreshed and is 575 sq. ft., 1 BR/1 bath, currently rented at $1,350/month. Conveniently located between the Oak Grove Blvd. shops & McLoughlin Blvd: walk to Fred Meyer & transit. Commercial zoning (C3) offers even more opportunities! Photos are from when the rear unit was refreshed, prior to the current tenancy of that unit.
Listing Provided Courtesy of Wayne Sanman, RE/MAX Equity Group
General Information
24136475
274
DOM
3
0.29 acres
2
1763
1947
C3
Clackamas
00282321
Oak Grove
Alder Creek
Putnam 5/10
MultiFamily
103 1ST SUB OF OAK GROVE PT LT 2 BLK 44
Listing Provided Courtesy of Wayne Sanman, RE/MAX Equity Group
Krishna Realty data last checked: Jul 12, 2025 05:51 | Listing last modified Jun 22, 2025 21:33,
Source:
Download our Mobile app
Residence Information
1763
3
2
Composition
Open
1
1947
No
ShakeSiding
None
None
ConcretePerimeter,Sl
Features and Utilities
Gas
Baseboard, ForcedAir
PublicSewer
Gas
Gas
Financial
4184.15
0
Electricity,Gas
Cash,Conventional
09-22-2024
No
No
Comparable Information
274
293
Cash,Conventional
$525,000
$479,000
Jun 22, 2025 21:33
Schools
private Elementary : Oak GroveN/ARatings Middle : Alder Creek N/ARatingspublic High : Putnam
5/10Ratings
Opportunity knocks! Two units, both currently rented, with excellent cash flow. The main house in front is 1,188 sq. ft. incl. converted garage, 2 BR/1 bath, currently rented at $1,650/month. The second house in rear has been recently refreshed and is 575 sq. ft., 1 BR/1 bath, currently rented at $1,350/month. Conveniently located between the Oak Grove Blvd. shops & McLoughlin Blvd: walk to Fred Meyer & transit. Commercial zoning (C3) offers even more opportunities! Photos are from when the rear unit was refreshed, prior to the current tenancy of that unit.
