715 S McLoughlin Blvd, Oregon City, OR, 97045
About This Home
** 2 Unit Income Opportunity or House Hack ** Set near downtown Oregon City and Canemah with views toward the Willamette River, this residence offers rare flexibility, completed interior improvements, and a location that blends Oregon City character with practical convenience. The home is currently arranged with two separate living spaces on the main level, creating options for multigenerational living, extended guest accommodations, work-from-home needs, creative space, or separate living areas for those who value privacy and versatility under one roof. For a buyer seeking flexibility, the current layout may support an owner-occupant strategy with potential supplemental income from the additional living space. During the seller’s ownership, the property benefited from meaningful interior updates, including kitchen appliance updates, pantry improvements, plumbing updates as needed, lighting updates, fresh interior paint, an updated kitchen and bathroom, heating updates, and broad interior improvements. The basement offers flexible utility and storage space, including a full bathroom, a washer-and-dryer area, utility improvements, a water heater, lighting updates, and additional future-use potential. The setting offers easy access 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. From riverfront scenery to local dining, daily services, and commuter routes, the location supports a lifestyle that feels connected to the best of Oregon City.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1900
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Cement Siding,Lap Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Free-Standing Range,Free-Standing Refrigerator,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s),Electric Water Heater,Tank Water Heater
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Full,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
Dining Room
- Level: Main
- Area: 108
Features
- Hookup Available,Eat Bar,Peninsula
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
Kitchen
- Features: Dishwasher, Eat Bar, Microwave,Free Standing Range, Peninsula, Plumbed For Ice Maker
- Level: Main
- Area: 98
Living Room
- Level: Main
- Area: 171
Master Bedroom
- Level: Main
- Area: 100
Property
Accessibility
- Accessibility features: Ground Level,Main Floor Bedroom Bath,Natural Lighting,Accessibility
Details
- Parcel number: 00416437
- Zoning: HC
Features
- Levels: One
- Stories: 2
- Exterior features: Yard
- Has view: Yes
- View description: River,Trees/Woods
- Has water view: Yes
- Water view: River
Lot
- Lot size: 2,178 sqft
- Features: Level,SqFt 0K to 2999
- Lot size dimensions: 25 x 95
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Clackamas County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $90 | $1,080 |
| Property Taxes | $279 | $3,348 |
| Electricity | $179 | $2,156 |
| Total | $2,570 | $30,840 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-29 | Listed for sale | $399,900 |
| 2018-06-02 | Listing removed | $995 |
| 2018-04-24 | Listed for rent | $995 |
| 2017-04-19 | Listing removed | $995 |
| 2017-03-21 | Price change | $995 |
| 2017-03-09 | Price change | $1,095 |
| 2017-02-23 | Price change | $1,195 |
| 2017-02-10 | Listed for rent | $1,200 |
For Sale by Agent
View on Zillow