Listing provided courtesy of Keller Williams Realty Eugene and Springfield- MLS# 344370290
Contact Information: 503-396-1787
Contact Information: 503-396-1787Images
Request Info48251 E COMMERCIAL STOakridge, OR 97463
Multi-Family · 4,565 Sq. ft. | 0.22 Acres$625,000
Active
48251 E COMMERCIAL ST Overview
- Time on Site:
- 71 days
- Visits:
- 3
$100,000 price reduction! All aboard! Rare opportunity in the heart of Oakridge for model train enthusiasts, investors, or buyers seeking something truly unique! This very property offers an incredibly flexible layout featuring 2 kitchens an additional wetbar with refrigerator and lots of counterspace, multiple expansive living spaces, and 3.5 bathrooms providing a wide range of possibilities for living, rental income, or creative use.The large interior spaces and massive garage/shop area are ready to be transformed into whatever fits your vision, whether that's multi-generational living, a live/work setup, or an investment opportunity. Currently recognized as a duplex, the property offers added versatility and income potential.Located in an area identified for future commercial and mixed-use evolution, this property presents exciting long-term upside. The surrounding neighborhood features a blend of residential and commercial uses, adding to its dynamic appeal. If you're looking for something truly different with room to create and add value, this is it! Possible owner carry.
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48251 E COMMERCIAL ST Facts & Features
- Type Multi-Family
- Sq. ft. 4,565
- Price/Sq.ft. $137
- Lot 0.22 Acres
Details
General
School Information
- Elementary School: Oakridge
- Middle Or Junior School: Oakridge
- High School: Oakridge
Income/Expenses
- Gross Income: 0
- Net Operating Income: 0
- Operating Expense: 0
Building Information
- Year Built: 2001
Location/Region
- Country: US
- County Or Parish: Lane
- MLS Area Major: 234 - Lane Co: Pleasant Hill / Oakridge
Rent/Lease Information
- Rent Includes: Electricity
Tax Information
- Tax Annual Amount: 3403.98
- Tax Year: 2025
General Information
- Listing Terms: Call Listing Agent,Cash,Conventional,FHA,Owner Will Carry,VA Loan
- Parcel Number: 0951986
- Property Type: Multi Family
- Zoning: R1
Interior
Parking Information
- Garage Spaces: 3.0
Building Interior
- Building Area Total: 4565.0
General Information
- Basement: Separate Living Quarters/Apartment/Aux Living Unit
- Cooling: Mini Split
- Foundation Details: Concrete Perimeter
- Heating: Ductless
- Security Features: Security Lights,Security SystemOwned
- Stories: 2
Exterior
Parking Information
- Parking Features: Garage,RV Access/Parking
- Parking Total: 7.0
Lot Information
- Lot Features: Corner Lot,Level
- Lot Size Acres: 0.22
- Lot Size Square Feet: 9583.0
- Road Surface Type: Concrete
- Water Source: Public Water,Well
Building Exterior/Construction
- Roof: Shingle
General Information
- Number Of Units Total: 2
- Sewer: Public Sewer
48251 E COMMERCIAL ST Neighborhood
Community
97463 (Oakridge) Demographics
53
Median Age
89
Population Density (per sq. mile)
21%
College Educated
$32,583
Estimated Median Income
1,008
Estimated Total Home Owners
650
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.48251 E COMMERCIAL ST Monthly Cost
48251 E COMMERCIAL ST Market Data
Based on the last 30 days in this zip code
$397,408
Average List Price
$293
Average Price per Square Foot
6
Properties Sold
130
Average Days on Market
35
Properties for Sale
48251 E COMMERCIAL ST History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: Regional MLS | $625,000 -13.8% |
|
| 4/20/2026Source: Regional MLS | April 20, 2026 |