450 MILLER ST, Oregon City, OR 97045

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List Price
$1,995,000
Days on Market
1
MLS#
149892568
Property Type
Multifamily
Sqft. of Residence
5,215
Lot Size
20, 000 SqFt to .99 Acres
Region
Oregon City, Beavercreek, Canby, Molalla, Mulino
Status
ACTIVE

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.

Additional Information

Tax Amount
$24,293
Year Built
2023
High School
Oregon City
Elementary School
Holcomb
Middle School
Gardiner
Acres
0.74
Living Area
5,215
Stories
2
Subdivision
CANEMAH
Terms
Cash, Conventional
Cooling Description
Heat Pump, Mini Split
Fuel Description
Electricity, Gas
Heating Description
Heat Pump, Mini Split
Hoa Rent Includes
Trash Collection
Hot Water Description
Gas, Tank
Exterior Description
Cement Siding, Lap Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
River, Seasonal, Trees/Woods
Parking
Driveway, Off Street
Security Or Entry
Sidewalk
Parking Description
Driveway, Off Street
Covenants/Restrictions
Yes
Road Surface
Paved
Number Of Units Total
5
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Sq Ft
1193
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Sq Ft
1012
Unit Type Three Units Total
1
Unit Type Four Baths Total
2
Unit Type Four Beds Total
2
Unit Type Four Sq Ft
995
Unit Type Four Units Total
1
Unit Type Five Sq Ft
1053
Unit Type Five Units Total
1

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Listing courtesy of Oregon First.

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