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Listed by MORE Realty • 503-444-0321

$565,300

Est. payment - /mo

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1,453 SqFt

New

418 DEWEY ST Oregon City, OR 97045

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,453 sqft

Price per Sqft $389

MLS Listing ID 212107125

HOA Y/N No

Year Built 1940

Annual Tax Amount $5,214

Tax Year 2025

Property Description

Discover a rare and versatile investment opportunity in the heart of Oregon City. This carefully renovated 1940s bungalow has been expertly converted from a single-family home into a fully permitted duplex. It combines vintage charm with modern engineering. The property features two separate living spaces, each with its own private, keyless entry. This setup is perfect for multi-generational living or a high-end rental portfolio. The upstairs unit (418 Dewey St) offers about 950 square feet of bright living space. This two-bedroom, one-bathroom home has been thoughtfully updated with a modern kitchen that includes newer stainless steel appliances and a dedicated washer and dryer. Comfort is ensured year-round, thanks to a highly efficient mini-split system with three individual units for precise climate control. Below, the newly built downstairs unit (406 Irving St) provides an additional 500 square feet of modern luxury. This one-bedroom, one-bathroom space features a sleek layout with brand-new stainless steel appliances and a handy stacked washer with a ventless dryer. In addition to the aesthetic updates, the foundational aspects of this home are engineered for ultimate peace of mind. The property has new sewer and water lines, along with updated electrical work to support the dual-unit conversion. A strong French drain system with sump pumps protects the foundation, while a backup battery system with an automatic transfer switch keeps the downstairs unit and drainage systems running during power outages. With a roof that was replaced in 2019, potential RV parking, and all work fully permitted, this turnkey property showcases functional design and long-term value.

Location

State OR

County Clackamas

Community Alllandscaping

Area _146

Zoning R-6

Rooms

Basement Finished, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Mini Split, Wall Heater, Zoned

Cooling Mini Split

Exterior

Garage Spaces 1.0

Community Features AllLandscaping

Roof Type Composition

Garage No

Building

Lot Description Corner Lot

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Holcomb

Middle Schools Gardiner

High Schools Oregon City

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

418 DEWEY ST Oregon City, OR 97045

Nancy Kelly

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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418 DEWEY ST