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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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450 Miller St , Oregon City, OR 97045
$1,995,000
Est. Payment: $10,718.10/mo
9 Bed
9 Bath
5215 Sqft
0.74 Acres
Status: active | Days on site: 8
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House Description

Rare opportunity to acquire an entire community of five-newer constructed, detached cottages offered as a single acquisition for $1,995,000. Located in Oregon City's historic Canemah District, it is ideally situated nearby from downtown restaurants, breweries, shopping, parks, and historic attractions, with convenient access to the developing Tumwater Village riverfront district and greater Portland metropolitan area.Set among mature trees, protected greenspace, and near the Willamette River corridor, Canemah Cottages combines modern construction, distinctive Pacific Northwest architecture, and a peaceful natural setting just minutes from downtown Oregon City. Each residence features its own thoughtfully designed floor plan, maximizing natural light, functional living space, both indoor and outdoor. Architectural highlights include expansive wood-framed windows, vaulted ceilings, contemporary kitchens with stainless steel appliances, quality finishes, and inviting decks or covered porches. Professionally designed landscaping shared green spaces, and low-maintenance native plantings create a cohesive, intimate community that balances privacy with a sense of connection.This distinctive five-cottage property presents a compelling opportunity for a long-term rental portfolio, executive housing, multigenerational living, or other residential ownership concepts, subject to applicable zoning and approvals. The combination of five independent residences, newly completed construction, thoughtfully designed grounds, and a desirable historic location offers exceptional flexibility for a variety of ownership and investment objectives. An uncommon opportunity to own an entire boutique cottage community where modern design, historic character, natural beauty, and convenient urban access come together in one extraordinary property.

Highlights

Listed by Channon Burns , 503-369-6633 Oregon First , 503-646-5006. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.74

Year Built

2019

County

Clackamas

Area

146 - Oregon City, Beavercreek, Canby, Molalla, Mulino

Neighborhood

Canemah

Listing ID

149892568

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:9
  • ▪ Full Bathrooms:9
Air Cond:Heat Pump,MiniSplit
Fireplaces:
Basement:Crawl Space
Water:Public Water

Exterior Features

Lot:Bluff,Commons,Trees,Wooded
Garage Capacity:8
Zoning:R-6
Roof:Composition
Sewer:Public Sewer
Parking Features:Driveway,Off Street
Principal Interest
$10,718
Taxes
$2,024

Home Price

$1,995,000

Loan Details

30 yrs
7.093%

Down Payment

20%
$399,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,718.10

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,718.10 $2,024.43 $0.00 $12,742.53
Yearly $128,617.18 $24,293.16 $0.00 $152,910.34
Total $3,858,515.26 $728,794.80 $0.00 $4,587,310.06

Today's Rates

30 Year

7.09%

20 Year

6.88%

15 Year

6.42%

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Market insight data is pulled from the same city as the listing being viewed (Oregon City, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-10-23T10:50:03.000Z

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