Hard-to-find new construction 4-Plex. Fully rented! No maintenance for years to come. Each townhouse unit is 1000 sq ft, 2 Bedrooms, 1½ Bathrooms. Spacious great room downstairs with bedrooms upstairs. Luxury vinyl plank floors on main with carpet upstairs. All kitchen appliances included. Washers and dryers included in three units. Low maintenance landscaping. Great location in Oregon City near the bus line and easy access to downtown and freeway. Walking distance to grocery stores, restaurants, and more. Easy to rent and room to increase. See video link!
Multi-familyProperty Type
2023Year Built
4,791 sq ftLot Size
3 spacesParking
Listed by Steve Nassar• Premiere Property Group, LLC
Barclay Hills, located between downtown Oregon City and the Clackamas River corridor, is a residential and hillside Oregon City neighborhood with curving streets and wooded pockets. Much of the area reads as mid-century and late-20th-century homes set on sloped lots, with occasional valley views. The neighborhood’s energy concentrates around Molalla Ave and Beavercreek Rd, where local errands cluster amid small storefronts and steady commuter traffic. Community touchstones nearby include the End of the Oregon Trail Interpretive Center, the historic McLoughlin House, and Oregon City Brewing Company. Outdoor time often points toward Clackamette Park and the riverfront paths. The feel is quiet and practical, with a landscape-first backdrop of firs, ravines, and ridgelines.
Provided by Walk Score and Local Logic
Offer insights
931 Prospect St · $1,295,000
$1.3M and above
75% chance or better to win
Why $1.3M+ is a strong offer
DAYS ON MARKET
5 days
The average home goes pending in 51 days.
SALE-TO-LIST
92.9%
Most homes are selling 7% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Photo slide show, video and 3-D virtual tours available
Zoned heating
Bedrooms
Four 2-bedroom units (each unit listed as 2 bedrooms)
Bathrooms
Each unit has 2 bathrooms
Kitchen
Dishwasher
Range
Microwave
Refrigerator
Laundry & utility
Washer and dryer in some units; washer/dryer hookups available in others
Electric hot water with tank
Heating & cooling
Zoned heating
No central cooling
Exterior features
Level lot
Paved road access
Home design
Multi-family property
Detached
Built in 2023
No notable views
Zoning: Residential
Parking
Paved parking
Three parking spaces
Construction
Cement siding exterior
Composition roof
Built in 2023
Utilities
Electric service
Public water
Public sewer
No green certification
Financial info
Cap rate: 5.63
Gross rent multiplier: 14.76
Other
Four total units
Unit sizes approximately 1,000 (area listed per unit)
Unit rents reported: $1,795, $1,795, $1,825, $1,895
Electricity and solar
View estimated energy costs and solar savings for this home
Hard-to-find new construction 4-Plex. Fully rented! No maintenance for years to come. Each unit is 1000 sq ft, 2 Bedrooms, 1½ Bathrooms with washer & dryer hookups. Spacious great room downstairs with bedrooms upstairs. Luxury vinyl plank floors on main with carpet upstairs. All kitchen appliances included. Great location in Oregon City near the bus line and easy access to downtown and freeway. Walking distance to grocery stores, restaurants, and more. One unit rented at $2000/mo and three at $1800/mo. Easy to rent!
Year
Property tax
Land + Additions
Assessment*
2025
$12,903 (+10.2%)
2024
$11,704 (+39.0%)
2023
$8,420 (+866.5%)
2022
$871 (+3.4%)
2021
$842 (+2.9%)
2020
$818 (+2.2%)
2019
$801 (+5.2%)
2018
$761 (+2.7%)
2017
$741 (+2.0%)
2016
$727 (+2.5%)
2015
$709 (+6.0%)
2014
$669 (+7.3%)
2013
$624 (−3.8%)
2012
$649 (+1.5%)
2011
$639 (+2.1%)
2010
$626
2009
$626
Public record
Public record
Zoning
Permits
Beds
8
Baths
6
Stories
—
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
4,040
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,040
Year built
2022
Style
Single Family Residential
County
Clackamas County
APN
05017489
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
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-1
Permitted uses
Include 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
Jan 10, 2025 • Final
Erosion control - single family residential
Construct a new four-unit multi-family residential building. Plant required street and yard trees as part of the project.
Grading
Jul 20, 2023 • Final
Row licensee/franchise - licensee/franchise utility construction
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
13 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Oregon City, OR • 97045
Average low and high temperatures (°F)
47
34
49
36
56
41
63
42
69
48
75
52
83
56
82
58
76
54
62
45
52
42
49
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 931 Prospect St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $469,900 and $656,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $470K to $656K.