Listed by: Better Homes & Gardens Realty (503) 332-0046
Exceptional investment opportunity just blocks from historic downtown Oregon City! This well-maintained triplex offers three updated units (#114, #116, #124), each with private entrances, updated kitchens, and a strong rental history. Features include newer windows, a newer roof,ductless heat and cooling and refreshed interiors throughout.Each unit has a storage unit and Washer & Dryer. Stable, long-term tenants with room for future rent growth. Conveniently located near parks, schools, and freeway access on desirable South John Adams Street. Ideal for investors or owner-occupants seeking an income-producing property in a high-demand area.
Data services provided by IDX Broker
| Price: | $589,000 |
| Address: | 114 S John Adams St |
| City: | Oregon City |
| County: | Clackamas |
| State: | Oregon |
| Subdivision: | McLoughlin Neighborhood |
| MLS: | 101554547 |
| Square Feet: | 1,830 |
| Acres: | 0.13 |
| Lot Square Feet: | 0.13 acres |
| viewYN: | yes |
| capRate: | 6.25 |
| stories: | 1 |
| coolingYN: | yes |
| heatingYN: | yes |
| directions: | From 99E, east on 7th St, right on John Adams St, property on left. |
| highSchool: | Oregon City |
| bankOwnedYN: | no |
| disclosures: | Disclosure |
| grossIncome: | 43200 |
| openHouseYN: | no |
| shortSaleYN: | no |
| listingTerms: | Owner Will Carry |
| lotSizeRange: | 5, 000 to 6, 999 Sq Ft |
| rentIncludes: | Trash Collection |
| unitTypeType: | 1, 2, 3 |
| photosExistYN: | yes |
| unitType1Area: | 610 |
| unitType2Area: | 610 |
| unitType3Area: | 610 |
| unitType1Baths: | 1 |
| unitType2Baths: | 1 |
| unitType3Baths: | 1 |
| fuelDescription: | Electricity |
| roadSurfaceType: | Gravel, Paved |
| taxAnnualAmount: | 2931.91 |
| viewDescription: | Seasonal, Territorial, Trees/Woods |
| virtualTourType: | Video |
| elementarySchool: | Holcomb |
| operatingExpense: | 6392 |
| propertyCondition: | Updated/Remodeled |
| unitType1Features: | Range, Refrigerator, Washer/Dryer, Window Coverings |
| unitType2Features: | Range, Refrigerator, Washer/Dryer, Window Coverings |
| unitType3Features: | Range, Refrigerator, Washer/Dryer, Window Coverings |
| netOperatingIncome: | 36808 |
| propertyAttachedYN: | no |
| unitType1BedsTotal: | 1 |
| unitType2BedsTotal: | 1 |
| unitType3BedsTotal: | 1 |
| exteriorDescription: | Lap Siding |
| grossRentMultiplier: | 13.63 |
| hotWaterDescription: | Electricity |
| listAgentKeyNumeric: | 55431 |
| unitType1ActualRent: | 1300 |
| unitType1BathsTotal: | 1 |
| unitType1UnitsTotal: | 1 |
| unitType2ActualRent: | 1300 |
| unitType2BathsTotal: | 1 |
| unitType2UnitsTotal: | 1 |
| unitType3ActualRent: | 1000 |
| unitType3BathsTotal: | 1 |
| unitType3UnitsTotal: | 1 |
| greenCertificationYN: | no |
| middleOrJuniorSchool: | Gardiner |
| thirdPartyApprovalYN: | no |
| currentPriceForStatus: | 589000 |
| virtualTourUrlUnbrandedYN: | yes |
| virtualTourUrlUnbranded2YN: | no |
| virtualTourUrlUnbranded3YN: | no |
| propertyRecordUpdateTimestamp: | 2025-11-07T20:34:01+00:00 |
