Great investment opportunity, Rare, hard to find large .83 Acre lot, 36,028SF. 2 additional lots could be developed under R-10 zoning. Cozy Victorian cottage, 2072sf, 1160sf living space w/912sf full u/f basement. open floor plan, light & bright, 2BR & 1bath w/living, dining,full kitchen & laundry. 1 garage. Priced lower than county tax assess value @460k, Don't disturb tenant. MULTIPLE OFFERS RECEIVED, NO MORE OFFERS WILL BE ACCEPTED. 2/21 Sun open house has been canceled.
36,000 sq ft lot conveniently located, value is in the land. Possible re-zoning for multi-family (number of multi-family residences next door) buyer to verify and do all due diligence. Sold AS-IS. see MLS#15209352
Year
Property tax
Land + Additions
Assessment*
2025
$3,549 (+10.9%)
2024
$3,200 (+2.4%)
2023
$3,124 (+6.5%)
2022
$2,933 (+4.4%)
2021
$2,810 (+2.9%)
2020
$2,730 (+2.0%)
2019
$2,675 (+5.6%)
2018
$2,533 (+2.6%)
2017
$2,469 (+2.3%)
2016
$2,414 (+2.7%)
2015
$2,351 (+2.9%)
2014
$2,285 (+3.0%)
2013
$2,218 (+2.5%)
2012
$2,164 (+2.7%)
2011
$2,107 (+2.0%)
2010
$2,067
2009
$2,067
Tax history for 18618 SE River Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,549 (+10.9%)
2024
$3,200 (+2.4%)
2023
$3,124 (+6.5%)
2022
$2,933 (+4.4%)
2021
$2,810 (+2.9%)
2020
$2,730 (+2.0%)
2019
$2,675 (+5.6%)
2018
$2,533 (+2.6%)
2017
$2,469 (+2.3%)
2016
$2,414 (+2.7%)
2015
$2,351 (+2.9%)
2014
$2,285 (+3.0%)
2013
$2,218 (+2.5%)
2012
$2,164 (+2.7%)
2011
$2,107 (+2.0%)
2010
$2,067
2009
$2,067
*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
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.83 Acres
Year renovated
—
Sq. Ft.
2,072
Year built
1901
Style
Single Family Residential
County
Clackamas County
APN
00524418
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
R10
Urban Low Density Residential District
Urban Low Density Residential District is adopted to implement the policies of the Comprehensive Plan for Low Density Residential, Village Standard Lot Residential, Village Small Lot Residential, Village Townhouse, Medium Density Residential, Medium High Density Residential, High Density Residential, Special High Density Residential, Village Apartment, and Regional Center High Density Residential areas.