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48019 Highway 58, 
Oakridge, OR 97463

$479,000


Bed


Bath


6,084

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Mara Gregory

Keller Williams Realty Eugene And Springfield

541-431-6480

Last updated:

May 4, 2025, 12:20 PM

MLS#

235620646

Source:

PORTLAND

About This Home

48019 Highway 58

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.

Home Facts

Multi-Family

Built in 1952

Price Summary

479,000

$78 per Sq. Ft.

MLS #:

235620646

Last Updated:

May 4, 2025, 12:20 PM

Added:

14 day(s) ago


Rooms & Interior

Interior

Living Area:

6,084 Sq. Ft.


Structure

Structure

Building Area:

6,084 Sq. Ft.

Year Built:

1952


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$479,000

Price per Sq. Ft:

$78 per Sq. Ft.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: May 4, 2025

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