About This Home

This 9-bedroom, 9-bathroom residential multi family at 450 MILLER St in Oregoncity, OR is listed for $1,995,000 ($383 per sqft). Built in 2019, the home offers 5,215 sqft of living space on a 0.74 acres lot.

Key Features

  • Built in 2019
  • 0.74 acre lot
  • 2 stories

Property Details

2 stories
9 full
2019

Amenities

ViewA/C
Listing 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 Tumwa

ter 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.

Monthly Cost Estimate

$10,670/mo

20% down · 6.5% · 30 years

Principal$1,443
Interest$8,645
Insurance$582

Estimates only. Actual payments may vary.

Location

450 MILLER St

Oregoncity, OR 97045

CANEMAH

Property Details

Views

River

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 9-bedroom, 9-bathroom residential multi family at 450 MILLER St is listed at $1,995,000 ($383/sqft). The estimated monthly payment is $10,670 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2019, 0.74 acre lot, 2 stories.

This property is listed by Channon Burns.

CB

Channon Burns

Agent at Oregon First

Listed by Oregon First · Broker phone: (503) 646-5006 · View on Broker Site · Broker website

MLS# 149892568· Source: Regional Multiple Listing Services· 10 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

450 MILLER St, Oregoncity, OR 97045

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