First time on the market! Delightful Oregon City home with income potential! Fall in love with this 1920s bungalow, perfect for homeowners and investors alike! Step into the inviting main level and be welcomed by gleaming hardwood floors, and a spacious living and dining area. A stunning brick fireplace and built-ins add vintage charm while large windows provide an abundance of natural light. The main level kitchen features stainless steel appliances, expansive cabinet space and a sunny breakfast nook ideal for morning coffee. Two good-sized bedrooms and a full bath round out the main floor, all adorned with original built-ins.Upstairs, discover a fully-equipped completely renovated secondary living space complete with its own bedroom, living room, kitchen, bathroom, and private entrance—ideal for multigenerational living, guests, or rental income.Situated on a large corner lot, enjoy a spacious yard and a patio, perfect for entertaining or relaxing. The partially finished basement includes exterior entrances that provide even more potential.New roof and gutters, exterior paint and new electrical.Endless possibilities await in this one-of-a-kind property. Don’t miss your chance to own a piece of Oregon City history- schedule a showing today! Convenient to shops, downtown OC and Hwy 99.
Active
$549,900
721 Jefferson St, Oregon City, OR 97045
3beds
2,388sqft
Est.:
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$230/sqft
$-- HOA
What's special
Stunning brick fireplaceSpacious yardExpansive cabinet spaceSunny breakfast nookPrivate entranceLarge windowsGood-sized bedrooms
- 9 days
- on Zillow |
- 1,457 |
- 99 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 16, 2025 at 07:17pm
Listed by:
Aubrey Martin 503-443-8889,
Keller Williams Sunset Corridor,
Benjamin Ficker 971-235-9561,
Keller Williams Sunset Corridor
Source: RMLS (OR),MLS#: 188484272

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Fireplace(s)
Cooling
- None
Appliances
- Included: Range, Refrigerator, Electric Water Heater
Features
- Flooring: Hardwood
- Basement: Partially Finished,Storage Space
Interior area
- Total structure area: 2,388
- Total interior livable area: 2,388 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 4,791.6 Square Feet
- Features: Corner Lot, Flag Lot, Trees, SqFt 3000 to 4999
Details
- Parcel number: 00574587
- Zoning: R3.5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Oregon City
Financial & listing details
- Price per square foot: $230/sqft
- Tax assessed value: $526,410
- Annual tax amount: $3,731
- Date on market: 5/8/2025
- Listing terms: Cash,Conventional
- Total actual rent: 3490
- Road surface type: Paved
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