$1,995,000
 $10,710 est/mo Sourced by Back At You

450 Miller St,OregonCity, OR 97045

OregonCity, OR 97045

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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.

Details

MLS #149892568
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2019
Days On Site14
Listing Provided ByOregon First | Channon Burns

Features

SQ Feet5,215
BasementY
Story(s)2
Units5
ZoningR-6
Acreage0.74
Property ViewRiver, Seasonal, TreesWoods

Interior

HeatingHeat Pump, Mini Split
Heating YnYes
CoolingHeat Pump, Mini Split
Cooling YnYes

Exterior

RoofComposition
Security FeaturesSidewalk
Foundation DetailsConcrete Perimeter
Lot FeaturesBluff, Commons, Trees, Wooded

Parking

Attached Garage YnNo
Parking FeaturesDriveway, Off Street

Taxes

Property24293

Area Information

StateOR
CountyClackamas
CityOregonCity
Zip Code97045
Community NameCANEMAH
School DistrictOregon City
Elementary SchoolHolcomb
High SchoolOregon City
Listing VS Median (in CANEMAH)
Price:
$1,995,000
low | high
Med:
$462,200
100% of Average
sqft:
5,215
low | high
Med:
1,748
100% of Average
$ / sqft:
$383
low | high
Med:
$274
78.382502991307% of Average
On site:
14
low | high
Med:
88.5
15.819209039548% of Average
Sourced by Back At You

Market Activity 97045

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyClackamas
CityOregonCity
Zip Code97045
Community NameCANEMAH
School DistrictOregon City
Elementary SchoolHolcomb
High SchoolOregon City
Listing VS Median (in CANEMAH)
Price:
$1,995,000
low | high
Med:
$462,200
100% of Average
sqft:
5,215
low | high
Med:
1,748
100% of Average
$ / sqft:
$383
low | high
Med:
$274
78.382502991307% of Average
On site:
14
low | high
Med:
88.5
15.819209039548% of Average
Sourced by Back At You
Listing Updated: October 27, 2026 at 11:24:47 PM PDT