McLoughlin Blvd | Oregon City Duplex Investment
Fully leased Oregon City duplex with income, updates, river views, and downtown access.
Marketing description
** 2 Unit Income Opportunity or House Hack ** Fully leased Oregon City duplex offering in place income, completed interior improvements, views toward the Willamette River, and future upside near downtown Oregon City and Canemah. The main level includes two units totaling ~1,100 square feet, with an additional ~880 square foot basement area for a total of ~1,980 square feet; buyer to verify. Unit A was rehabbed at the time of the seller’s purchase with kitchen appliance updates, pantry improvements, plumbing updates as needed, lighting, and fresh interior paint. Unit B received a complete rehab with a new kitchen, bathroom, plumbing, heating, fresh interior paint, and broad interior improvements. The basement includes a full bathroom, a washer and dryer area, utility improvements, a water heater, some lighting updates, and flexible storage or potential for future use, subject to due diligence. Strong fit for an investor seeking a leased two unit asset with existing rental income, while also offering a possible future owner occupant path for a buyer who may want to occupy one unit and use the second unit for supplemental rental income, subject to lease timing, lender approval, and buyer due diligence. The setting offers durable tenant retention appeal with close proximity to the Willamette River, McLoughlin Promenade, Oregon City Municipal Elevator, Willamette Falls viewpoints, Clackamette Park, downtown shops, coffee, breweries, restaurants, transit, Hwy 99E, and I-205 access. Residents can enjoy quick access to riverfront scenery, local dining, everyday services, and commuter routes without sacrificing the character of Oregon City’s historic core. For investors, that mix of location, access, views, and nearby amenities helps support long term rental demand and makes the property easier to position for future tenants.
Investment highlights
- Fully Leased Oregon City Duplex
715 S McLoughlin Blvd offers investors a leased two unit income property with existing rental income, interior improvements, and a recognizable Oregon City location near downtown, Canemah, and the Willamette River corridor.
- In Place Income with Future Optionality
The property is well suited for an investor seeking immediate rental income, while also preserving a potential future owner occupant strategy for a buyer who may eventually want to occupy one unit and use the second unit for supplemental rental income, subject to lease timing, lender approval, and buyer due diligence.
- Completed Interior Improvements
Both units have benefited from meaningful interior work during the seller’s ownership, including kitchen, bathroom, plumbing, heating, lighting, paint, and general interior improvements. This gives the property a more functional rental profile than a fully deferred asset.
- Additional Basement Utility and Storage Area
The property includes an additional basement area with utility improvements, a full bathroom, washer and dryer area, water heater, lighting updates, and flexible storage or potential future use, subject to buyer verification and due diligence.
- Willamette River and Downtown Oregon City Appeal
The property’s setting offers views toward the Willamette River and convenient access to downtown Oregon City, helping create a location story that can support leasing and long term tenant demand.
- Tenant Retention Drivers Nearby
Residents are close to McLoughlin Promenade, the Oregon City Municipal Elevator, Willamette Falls viewpoints, Clackamette Park, downtown shops, coffee, breweries, restaurants, transit, Hwy 99E, and I 205 access.
- Accessible Small Multifamily Asset
As a two unit property, the offering may appeal to investors looking for a smaller, more approachable multifamily acquisition with in place income and simpler operations than larger apartment assets.
- Oregon City Location with Long Term Demand Drivers
The property benefits from proximity to employment, services, recreation, historic downtown amenities, and commuter routes, supporting a durable rental location within the Oregon City market.
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