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313 Warner Milne Rd, Oregon City, OR 97045
About this home
12 units in two 6 unit buildings each on its own tax lot. Rare, single level apartment homes. Spcious floor plans with attached garages, Utility rooms, covered patio, off-street parking, fenced yards. No stairs on any unit. Current rent well below market. Many long term resident. Convenient to shopping & transportation. Projected CAP RATE at Market Rent = 7.32 with a GRM of 9.8

Redfin Estimate
Market trends in 97045, OR
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
0.0% MoM
- OPEN SUN, 1PM TO 3PM$520,0003 beds3 baths1,520 sq ft107 Jersey Ave, Oregon City, OR 97045Heather Robbins • Robbins Realty Group
- NEW 17 HRS AGO$2,499,9004 beds4 baths4,460 sq ft15555 S Clackamas River Dr, Oregon City, OR 97045Debby Calhoun-Sammons • Safe Harbor Realty
- OPEN SUN, 3PM TO 5PM$479,9503 beds2 baths1,335 sq ft572 Holmes Ln, Oregon City, OR 97045June Taylor • John L. Scott Sandy
- NEW 19 HRS AGO$1,275,0004 beds3 baths3,977 sq ft16081 S Moore Rd, Oregon City, OR 97045Stephanie Peck • eXp Realty, LLC
- NEW 21 HRS AGO$530,0004 beds2 baths1,642 sq ft15268 S Bradley Rd, Oregon City, OR 97045Stuart Gunderson • Harcourts Real Estate Network Group
- NEW 22 HRS AGO$665,0004 beds3 baths2,539 sq ft18687 Clearwater Pl, Oregon City, OR 97045Stephanie Peck • eXp Realty, LLC
- OPEN SAT, 11AM TO 1PM$649,0003 beds2 baths1,532 sq ft21880 S Somerset Dr, Oregon City, OR 97045Lindsay Taylor • Keller Williams Realty Portland Elite
- OPEN TODAY, 5PM TO 7:30PM
- OPEN SAT, 1:30PM TO 3:30PM$425,0002 beds1 bath1,228 sq ft425 Roosevelt St, Oregon City, OR 97045Trisha Kelly • Georgetown Realty Inc.
See all
Provided by Redfin
Sale history for 313 Warner Milne Rd
$144/sq ft
$58/sq ft
$63/sq ft
$25/sq ft
Tax history for 313 Warner Milne Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
MUC1
Mixed-Use Corridor District
The mixed-use corridor MUC district is designed to apply along selected sections of transportation corridors such as Molalla Avenue, 7th Street, Beavercreek Road, and along Warner-Milne Road. Land uses are characterized by high-volume establishments such as retail, service, office, multi-family residential, lodging, recreation and meeting facilities, or a similar use as defined by the community development director. A mix of high-density residential, office, and small-scale retail uses are encouraged in this district. Moderate density MUC-1 options are available within the MUC zoning district. The area along 7th Street is an example of MUC-1Include but are not limited to:
- Day care facility
- Restaurant
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
- Bed & breakfast
- Hotel / motel
- Mixed use
- Office
- Post office
Property details
Parking
- Parking Information
- Parking Features: Attached, Garage
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Basement: Crawl Space
Exterior
- Exterior Features
- Exterior Description: Brick
- Lot Information
- Lot Size Range: 20,000 SqFt to .99 Acres
- Lot Size: 20,000 SqFt to .99 Acres
- Lot Features: Level
- Parcel Number: 00847356
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Existing
- View YN: No
- Building Information
- Year Built: 1966
- Building Area Total: 16,000
Financial
- Tax Information
- Tax Legal Description: 651 GRAND VIEW AC PT LT 6
- Tax Annual Amount: $10,535.76
- Rent Information
- Rent Includes: Trash Collection, Water
- Lease / Rent Information
- CAP Rate: 5.81
- Gross Rent Multiplier: 10.5
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Zoned
- Cooling YN: No
Location
- Multi Unit Information
- # Of Units Total: 12
- Unit Information
- Unit Type: 1, 2
- Unit Type 1 Information
- Actual Rent: $675
- Area: 950
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Fireplace, Range, Washer/Dryer Hookup
- Units Total: 6
- Unit Type 2 Information
- Actual Rent: $675
- Area: 950
- BathsTotal: 1
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
- Units Total: 6
- School Information
- High School: Oregon City
- Location Information
- Directions: Molalla to Warner Milne
- Unparsed Address: 313 WARNER MILNE RD, Oregon City, OR 97045
- Community Information
- Zoning: MUC1
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 0.46 acres
- Style: Other
- Year Built: 1969
- Year Renovated: —
- County: Clackamas County
- APN: 00847365
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 0.8mi
Public 6-8 • Assigned • 0.3mi
Public 9-12 • Assigned • 2.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
13 unhealthy days expected this year, 16 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Nearby similar homes
New listings for sale in 97045
Home values near 313 Warner Milne Rd
| Address | Redfin Estimate |
|---|---|
8 Beds | 4 Baths | 3600 Sq. Ft. | $835,908 |
3 Beds | 1 Baths | 1187 Sq. Ft. | $426,594 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1761 Sq. Ft. | $394,301 |
3 Beds | 1.5 Baths | 2210 Sq. Ft. | $494,163 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1407 Sq. Ft. | $532,425 |
3 Beds | 2 Baths | 1866 Sq. Ft. | $409,352 |
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