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$725,000

  • For Sale
  • Active
  • Multi-Family
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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!

Full Property Details for 48251/48247 E Commercial St

General

  • Price: $725,000
  • Taxes: $3,403 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 344370290
  • Updated: 4/20/2026
  • Added to Site: 30 day(s) ago

Rental Information

  • Rent Includes: Electricity

Additional Information

  • Security/Safety: Security Lights, Security System Owned

Parking

  • Garage: Yes
  • Total Spaces: 7
  • Parking Features: Garage, RV Access/Parking

Location

  • County: Lane
  • Driving Directions: E 1st st Right on Cedar. on corner of Cedar and E Commercial

School Information

  • Elementary School: Oakridge
  • Middle School: Oakridge
  • High School: Oakridge

Community

  • Community Name: 234 - Lane Co: Pleasant Hill / Oakridge

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Mini Split
  • Heating Type: Ductless
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water, Well
  • Well: Yes

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Separate Living Quarters/Apartment/Aux Living Unit
  • Roof: Shingle
  • Stories/Levels: 2
  • Square Feet: 4,565
  • Year Built: 2001

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Concrete
  • Lot Features: Corner Lot, Level

Financial Considerations

  • Tax Amount: $3,403.98
  • Tax Year: 2025
  • Terms: Call Listing Agent, Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: 2135161308200 & 2135161308100
  • Property ID: 951986

Listed by Keller Williams Realty Eugene and Springfield (541) 431-6480, Aaron Stansbury (503) 396-1787

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Listing agent

— 48251/48247 E Commercial St —

  • Aaron Stansbury

    Keller Williams Realty Eugene and Springfield

    541-431-6480

503-396-1787

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Price & Sales History for 48251/48247 E Commercial St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/20/2026
Listed
$725,000
400%
MLS
9/14/2018
Sold
$145,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 48251/48247 E Commercial St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,404
3%
$206,807
3%
2024
$3,313
3%
$200,784
3%
2023
$3,217
7%
$194,936
6%
2021
$2,994
-3%
$183,747
-3%
2022
$3,084
3%
$189,259
6%
2021
$2,994
7%
$178,396
3%
2019
$2,786
4%
$173,200
3%
2018
$2,684
4%
$168,156
3%
2017
$2,571
1%
$163,258
3%
2016
$2,536
2%
$158,503
3%
2015
$2,479
—
$153,886
3%
2014
$2,484
1%
$149,404
3%
2013
$2,450
—
$145,052
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 48251/48247 E Commercial St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams Realty Eugene and Springfield (541) 431-6480, Aaron Stansbury (503) 396-1787

Recent Sales near 48251/48247 E Commercial St

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49867 Hills Creek Rd, Oakridge, OR 97463 - Photo 1 Sold
$725,000

49867 Hills Creek Rd  Oakridge, OR 97463

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  • 2,080
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Listed by Cascade Hasson SIR, Kira Camarata and Cascade Hasson SIR, Lisa Anne Lamberto
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156 Wetleau Dr, Lowell, OR 97452 - Photo 1 Sold
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156 Wetleau Dr  Lowell, OR 97452

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  • 3,892
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40224 Reuben Leigh Rd, Lowell, OR 97452 - Photo 1 Sold
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40224 Reuben Leigh Rd  Lowell, OR 97452

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Listed by Hybrid Real Estate, Austin Gordon
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34336 Stewart Hills Ln, Cottage Grove, OR 97424 - Photo 1 Sold
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34336 Stewart Hills Ln  Cottage Grove, OR 97424

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  • 3
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  • 2
    Total Baths
  • 2,082
    Sq. Ft.
Listed by Amy Dean Real Estate, Inc., Amy Dean
Sold by Keller Williams The Cooley Real Estate Group, Brian House

48251/48247 E Commercial St, Oakridge, OR 97463 (MLS# 344370290) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 48251/48247 E Commercial St is currently listed for $725,000 and was received on April 20, 2026. Want to learn more about 48251/48247 E Commercial St? Do you have questions about finding other Multi-Family real estate for sale in Oakridge? You can browse all Oakridge real estate or contact a Coldwell Banker agent to request more information.

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