48019 HIGHWAY 58

Oakridge, 97463

  • 4 Bed

  • 3 Bath

  • 6084 SqFt

  • 92 DOM

  • Built: 1952

  • Status: Pending

$449,000

Price cut: $30K (07-09-2025)

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48019 HIGHWAY 58

Oakridge 97463

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$449000

Price cut: $30K (07-09-2025)

  • 4 Bed

  • 3 Bath

  • 6084 SqFt

  • 92 DOM

  • Built: 1952

  • Status: Pending

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

Prime Mixed-Use Investment Opportunity with Stunning River ViewsThis exceptional mixed-use property offers incredible versatility and income potential with two ground-level retail spaces and three furnished residential apartments above. Perfectly positioned across the street from the beautiful Willamette River, this property combines charm, function, and location.Retail Spaces (Ground Floor): Each retail space has its own private entrance. One suite is a blank canvas, ready for your vision—ideal for retail, office, or studio use. The second suite is move-in ready, featuring two private offices, an open front area, a storage room in the back, and a convenient half bathroom.Residential Units (Second Floor): Unit 1: A spacious 3 bed, 1 bath apartment with an open floor plan, a wall of windows offering panoramic views, in-unit laundry, private entry, and efficient ductless heating and cooling. Units 2 & 3: Each are 1 bed, 1 bath apartments with bright living spaces, lots of storage, full kitchens, ductless heating and cooling, shared laundry hookups in the hallway, and beautiful natural light throughout. Additional features include ample off-street parking, furnished residential units, and unbeatable views of the Willamette River across the street and hills behind. Whether you're an investor or an owner-user, this property is a rare find with multiple income streams and endless potential.

Features and Utilities

  • MiniSplit

  • Electricity

  • Ductless

  • PublicSewer

  • Electricity

  • Electricity

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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

Thinking about buying or selling. Let’s Talk.

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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