8460 SE Clatsop St, Portland, OR 97086
Local realty services provided by:ERA Freeman & Associates, Realtors
8460 SE Clatsop St,Happyvalley, OR 97086
$965,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jim reiter
Office: columbia equity advisors503-913-1943
MLS#:787309065
Source:PORTLAND
Price summary
- Price:$965,000
About this home
Priced under $1M in the high-barrier Portland metro market, this stabilized 12-space mobile home park delivers immediate cash flow on city water and city sewer, with significant value-add upside through infilling remaining vacancies with high-demand tiny homes or RVs. Strategically situated in Clackamas County, the asset circumvents strict Multnomah County rent regulations while maintaining a highly desirable, close-in location. Furthermore, its under-30-space exemption unlocks a massive regulatory advantage, legally permitting a 9.5% rent increase in 2026 – significantly outperforming the 6% cap imposed on larger parks. Operational overhead is exceptionally low with 100% tenant-paid utilities and a brand-new electrical infrastructure completed in 2025. This turnkey investment is further enhanced by flexible seller financing available at 50% down.
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Home facts
- Year built:1985
- Listing ID #:787309065
- Added:50 day(s) ago
- Updated:July 08, 2026 at 11:29 AM
Structure and exterior
- Year built:1985
- Lot area:0.35 Acres
- Lot Features:Level
Schools
- High school:Milwaukie
- Middle school:Rowe
- Elementary school:Lewelling
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$965,000
- Tax amount:$5,084 (2025)
Parking
- Parking description:Off Street, Paved
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