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Joe Saling

joe@sellingpdxhomes.com +1(503) 910-7364

Listed by Oregon First • 503-369-6633

$ 1,995,000

Est. payment | -/mo

5,215 SqFt

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$ 1,995,000

Est. payment | -/mo

Save Virtual Tour

5,215 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,215 sqft

Price per Sqft $382

Subdivision Canemah

MLS Listing ID 149892568

HOA Y/N No

Year Built 2023

Annual Tax Amount $24,293

Tax Year 2026

Lot Size 0.740 Acres

Property Description

Rare opportunity to acquire an entire community of five-newer constructed, detached cottages offered as a single acquisition for $1,995,000. Located in Oregon City's historic Canemah District, it is ideally situated nearby from downtown restaurants, breweries, shopping, parks, and historic attractions, with convenient access to the developing Tumwater Village riverfront district and greater Portland metropolitan area.Set among mature trees, protected greenspace, and near the Willamette River corridor, Canemah Cottages combines modern construction, distinctive Pacific Northwest architecture, and a peaceful natural setting just minutes from downtown Oregon City. Each residence features its own thoughtfully designed floor plan, maximizing natural light, functional living space, both indoor and outdoor. Architectural highlights include expansive wood-framed windows, vaulted ceilings, contemporary kitchens with stainless steel appliances, quality finishes, and inviting decks or covered porches. Professionally designed landscaping shared green spaces, and low-maintenance native plantings create a cohesive, intimate community that balances privacy with a sense of connection.This distinctive five-cottage property presents a compelling opportunity for a long-term rental portfolio, executive housing, multigenerational living, or other residential ownership concepts, subject to applicable zoning and approvals. The combination of five independent residences, newly completed construction, thoughtfully designed grounds, and a desirable historic location offers exceptional flexibility for a variety of ownership and investment objectives. An uncommon opportunity to own an entire boutique cottage community where modern design, historic character, natural beauty, and convenient urban access come together in one extraordinary property.

Location

State OR

County Clackamas

Community Commons

Area _146

Zoning R-6

Rooms

Basement Crawl Space

Interior

Heating Heat Pump, Mini Split

Cooling Heat Pump, Mini Split

Exterior

Community Features Commons

View River, Seasonal, Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Bluff, Commons, Trees, Wooded

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Holcomb

Middle Schools Gardiner

High Schools Oregon City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/2YkIsgZzHO4

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOLS & BUSINESSES

FEATURED AREAS

450 MILLER ST Oregon City, OR 97045