$565300
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3 Bed
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2 Bath
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1453 SqFt
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2 DOM
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Built: 1940
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Status: Active
Love this home?
Discover a rare and versatile investment opportunity in the heart of Oregon City. This carefully renovated 1940s bungalow has been expertly converted from a single-family home into a fully permitted duplex. It combines vintage charm with modern engineering. The property features two separate living spaces, each with its own private, keyless entry. This setup is perfect for multi-generational living or a high-end rental portfolio. The upstairs unit (418 Dewey St) offers about 950 square feet of bright living space. This two-bedroom, one-bathroom home has been thoughtfully updated with a modern kitchen that includes newer stainless steel appliances and a dedicated washer and dryer. Comfort is ensured year-round, thanks to a highly efficient mini-split system with three individual units for precise climate control. Below, the newly built downstairs unit (406 Irving St) provides an additional 500 square feet of modern luxury. This one-bedroom, one-bathroom space features a sleek layout with brand-new stainless steel appliances and a handy stacked washer with a ventless dryer. In addition to the aesthetic updates, the foundational aspects of this home are engineered for ultimate peace of mind. The property has new sewer and water lines, along with updated electrical work to support the dual-unit conversion. A strong French drain system with sump pumps protects the foundation, while a backup battery system with an automatic transfer switch keeps the downstairs unit and drainage systems running during power outages. With a roof that was replaced in 2019, potential RV parking, and all work fully permitted, this turnkey property showcases functional design and long-term value.
Listing Provided Courtesy of Brendenn Kralicek, MORE Realty
General Information
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212107125
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2 DOM
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3
-
-
2
-
1453
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1940
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R-6
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Clackamas
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00591309
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Holcomb
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Gardiner
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Oregon City
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MultiFamily
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SUBDIVISION DARNALLS ADD 82 BLOCK 1 PT LTS 9 & 10
Listing Provided Courtesy of Brendenn Kralicek, MORE Realty
PDXA1 Realty Group data last checked: Feb 24, 2026 17:21 | Listing last modified Feb 24, 2026 12:24,
Source:
Residence Information
-
-
-
-
1453
-
-
-
-
3
-
-
-
2
-
Composition
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1,
-
-
Driveway,OnStreet
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2
-
1940
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No
-
-
WoodSiding
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Finished,SeparateLivingQuartersApartmentAuxLivingUnit
-
-
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Finished,SeparateLiv
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ConcretePerimeter
-
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Features and Utilities
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-
-
-
-
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MiniSplit
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Tank, Tankless
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MiniSplit, WallHeater, Zoned
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PublicSewer
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Tank, Tankless
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Electricity, Gas
Financial
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5214.23
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0
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None
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-
-
Cash,Conventional,FHA,VALoan
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02-22-2026
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-
No
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No
Comparable Information
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-
2
-
2
-
-
Cash,Conventional,FHA,VALoan
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$565,300
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$565,300
-
-
Feb 24, 2026 12:24
Schools
Map
Listing courtesy of MORE Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Feb 24, 2026 17:21 | Listing last modified Feb 24, 2026 12:24.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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