114 S JOHN ADAMS ST

Oregon City, OR 97045

Pending

Multifamily

Virtual Tour

$589,000

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… Read MoreRead Less

Listing courtesy of Better Homes & Gardens Realty.

Listing Snapshot

Days Online

111

Last Updated

Feb 23, 2026

Square Ft.

1,830

Lot Size

0.13 Acres

Year Built

1948

MLS Number

101554547

30 Days Snapshot Of 97045

$653k

+3%

(avg) sold price

+107%

homes sold

-8%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Gravel, Paved

Basement

Basement: CrawlSpace

Building

Building Area Total: 1830, Built in 1948, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Cooling

Cooling: MiniSplit

Disclosures

Disclosures: Disclosure

Expenses

Operating Expense: $6,392

Exterior Features

Exterior Description: LapSiding

Foundation

Foundation Details: Slab

Heating

Heating: MiniSplit

Income

CAP Rate: 6.25, Gross Income: $43,200, Gross Rent Multiplier: 13.63, Net Operating Income: $36,808

Lot

Features: GentleSloping, Level, Private, Trees, Size Acres: 0.13, Size Range: SqFt5000to6999, Size Square Feet: 5,662, Size: 5,000 to 6,999 SqFt

Parking

Features: Driveway, OffStreet

Property

Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: R6

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $2,932, Legal Description

Unit One

Actual Rent: $1,300, Area: 610, Features: Range, Refrigerator, WasherDryer, WindowCoverings, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Two

Actual Rent: $1,300, Area: 610, Features: Range, Refrigerator, WasherDryer, WindowCoverings, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Three

Actual Rent: $1,000, Area: 610, Features: Range, Refrigerator, WasherDryer, WindowCoverings, Units Total: 1, 1 total bathroom, 1 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than eXp Realty, LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Feb 23, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Feb 23, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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114 S JOHN ADAMS ST

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