8460 SE CLATSOP ST, Happy Valley, OR 97086 | MLS #787309065 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Columbia Equity Advisors- MLS# 787309065MLS Provider

8460 SE CLATSOP STHappy Valley, OR 97086

Multi-Family · 0.35 Acres
$965,000 Active

8460 SE CLATSOP ST Overview

Time on Site:
42 days
Visits:
0

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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8460 SE CLATSOP ST Facts & Features

  • Type Multi-Family
  • Lot 0.35 Acres

Details

General

School Information

  • Elementary School: Lewelling
  • Middle Or Junior School: Rowe
  • High School: Milwaukie

Income/Expenses

  • Gross Income: 85522.0
  • Gross Scheduled Income: 124588.0
  • Net Operating Income: 54805.0
  • Operating Expense: 30717.0

Building Information

  • Year Built: 1985

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 5083.88
  • Tax Year: 2025

General Information

  • Listing Terms: Call Listing Agent,Cash,Contract,Conventional,Owner Will Carry
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: R5

Interior

General Information

  • Heating: Wall Heater

Exterior

Parking Information

  • Parking Features: Off Street,Paved

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.35
  • Lot Size Square Feet: 15246.0
  • Road Surface Type: Paved
  • Water Source: Public Water

General Information

  • Number Of Units Total: 12
  • Sewer: Public Sewer

8460 SE CLATSOP ST Neighborhood

Community

97086 (Happy Valley) Demographics

40
Median Age
2,998
Population Density (per sq. mile)
56%
College Educated
$91,343
Estimated Median Income
7,378
Estimated Total Home Owners
4,311
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

8460 SE CLATSOP ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8460 SE CLATSOP ST Market Data

Based on the last 30 days in this zip code

$746,722
Average List Price
$287
Average Price per Square Foot
47
Properties Sold
79
Average Days on Market
221
Properties for Sale
Calculations provided by Reliance Network

8460 SE CLATSOP ST History

Date Event Value Agent
6/27/2026Source: Regional MLS Price Reduction
$965,000 -1.0%
5/18/2026Source: Regional MLS Added to Database
May 18, 2026