$575,000
$50K PRICE DROP

401 Linn Ave Oregon City, OR 97045

Elyville Neighborhood

Estimated payment $3,565/month

Total Views 8,942
4 Beds
2 Baths
1,800 Sq Ft
$319 Price per Sq Ft

Highlights

  • Private Lot
  • Ductless Heating Or Cooling System
  • Wood Siding
  • Wooded Lot
  • Storage
  • 4-minute walk to Singer Creek Park

About This Home

Fantastic investment opportunity! Duplex with two 900 sq. ft. units- both completely renovated. Ductless AC/heat. New windows, interior paint, flooring, upgraded washing machines and light fixtures. Newer fence and updated electrical and plumbing. Upstairs unit rents for $1750/mo and lower unit rents for $1650/mo (+$100/unit for water). Water ranges from $230-$240.month. Tenants currently pay for internet, trash, and electricity. Both leases run through the end of August, 2025.

Listing Agent

Brian Bellairs

John L Scott Portland SW License #920100098 Listed on: 04/04/2025

John L Scott Portland SW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,563

Year Built

  • Built in 1978

Lot Details

  • Private Lot
  • Wooded Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • Storage
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Open Parking
  • Assigned Parking

Schools

  • Holcomb Elementary School
  • Gardiner Middle School
  • Oregon City High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00578921

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,513
  • Gross Income $40,800
  • Net Operating Income $37,387

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,563

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1978
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached
  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Private, Wooded
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Open
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Holcomb
  • High School: Oregon City
  • Middle Or Junior School: Gardiner

Lot Info

  • Zoning: R3.5
  • Parcel #: 00578921

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4563.01

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.09
  • Annual Gross Income: 40800.0
  • Property Net Operating Income: 37387.0
  • Annual Operating Expense: 5513.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,563 $236,675 $0 $0
2022 $4,198 $229,782 $0 $0
2021 $4,030 $223,090 $0 $0
2020 $3,914 $216,593 $0 $0
2019 $3,831 $210,285 $0 $0
2018 $3,641 $204,160 $0 $0
2017 $3,547 $198,214 $0 $0
2016 $3,482 $192,441 $0 $0
2015 $3,394 $186,836 $0 $0
2014 $3,298 $181,394 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $575,000 -- $319 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,420 Fidelity National Ttl Of Or
Warranty Deed $182,420 Fidelity Natl Title Co Of Or
Warranty Deed $145,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $383,348 FHA
Previous Owner $145,936 Commercial
Previous Owner $62,300 No Value Available
Source: Public Records

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See All Homes in Oregon City

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 268388548

Regional Multiple Listing Service (RMLS)

APN: 00578921

Oregon Clackamas County Oregon City 97045 Elyville

401 Linn Ave, Oregon City, OR

This home is located at 401 Linn Ave, Oregon City, OR 97045 and is currently priced at $575,000, approximately $319 per square foot. This property was built in 1978. 401 Linn Ave is a home located in Clackamas County with nearby schools including Jennings Lodge Elementary School, Candy Lane Elementary School, and Gardiner Middle School.

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Brian Bellairs
Listing Agent
Brian Bellairs
Section Image
John L Scott Portland SW
(503) 782-5590