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$565,500
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Property Description
Don't miss this rare opportunity to own a beautiful historic Craftsman in Oregon City's sought after McLoughlin Conservation District neighborhood. This charming bungalow has many of its original features such as it's large front porch, leaded glass, fir flooring, a clawfoot tub, along with some modern updates - it's ready for your personal touch to make it shine! Upon entry you will see the foyer with its grand open staircase. Heading up you'll find a sitting area and three bedrooms, all with walk-in closets, and a full bathroom. Back downstairs, you will find an office and generous living and dining space with an extra large kitchen with granite and a full bathroom. French doors lead you outside to a deck and private patio with a beautiful Japanese maple and pear tree that provides shade and privacy. Outside there is also a carriage house that has been converted to additional living space with a kitchenette, lofted bedroom and a 2/3 bath. This adorable cottage could be used a private office, artist's or yoga studio, or would be perfect for multi-generational living as it has it's own separate entrance from the main home. An oversized two car garage is also included on this extra large fenced lot, a rarity in the historic district. Within blocks you have highly-rated restaurants such as the Highland Stillhouse, the Hive Social and Canard and a short elevator ride lands you in downtown Oregon City with all its shops, restaurants, food trucks and nightlife! This house will only be a short distance to the new Tumwata Village project when finished with river access and more. Transit into downtown Portland is only two blocks away and it's just a hop onto HWY 99 and I-205. This is an excellent opportunity to buy in a coveted area where homes rarely come on the market. Come see it before it's gone, this one will not last long at this price!
Full Property Details
Full Property Details for 518 2nd St
General
- Price: $565,500
- Taxes: $4,774 (2025)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 162374553
- Updated: 9/10/2026
- Added to Site: 60 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Granite, High Ceilings, Skylight(s), Soaking Tub, Tile Floor, Vaulted Ceiling(s), Wall to Wall Carpet, Wood Floors
- Appliances: Dishwasher, Disposal, Free-Standing Range, Granite, Plumbed For Ice Maker, Range Hood, Solid Surface Countertop
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper - Full Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Upper
- Bedroom 2: Upper
- Bedroom 3: Upper
Other Rooms
- Living Room: Main
- Family Room: Upper
- Kitchen: Main
- Dining Room: Main
- Den: Main
Exterior
- Exterior Features: Deck, Fenced, Outbuilding, Public Road, Second Residence, Workshop, Yard
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Covered, Deeded
Location
- County: Clackamas
- Subdivision: McLoughlin Preservation Distri
- Driving Directions: Washington
School Information
- Elementary School: Holcomb
- Middle School: Other
- High School: Oregon City
Community
- Community Name: 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Bungalow, Craftsman
- Basement Desc.: Crawl Space, Dirt Floor, Hatch Door
- Roof: Composition
- Windows: Wood Frames
- Stories/Levels: 2
- Square Feet: 1,853
- Year Built: 1922
- Property Condition: Resale
Lot Features
- Lot Size: 7, 000 to 9, 999 SqFt
- Lot Dimensions: Appro x . 61 x 132
- Frontage: Paved
- Lot Features: Corner Lot, Level, Public Road, Trees
Financial Considerations
- Tax Amount: $4,774.23
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Rehab, VA Loan
Disclosures and Reports
- Legal Description: 2 OREGON CITY PT LTS 1&2 BLK 83
- Disclosures/Reports: Disclosure
- Property ID: 580464
Listed by Epique Realty (503) 819-9191, Dorinda Marlatt (503) 260-1087
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Schools
Schools serving 518 2nd St
School District:Oregon City School District 62
| Name | Grades | Distance |
|---|---|---|
Holcomb Elementary School 14625 South Holcomb Boulevard, Oregon City, OR 97045 | K-5 | 2.7 mi |
Ogden Middle School 14133 South Donovan Road, Oregon City, OR 97045 | 6-8 | 1.6 mi |
Oregon City High School 19761 South Beavercreek Road, Oregon City, OR 97045 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 518 2nd St
Date
Details
Price
Change
Source
7/22/2026
Listed
$565,500
—
MLS
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
Tax History for 518 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,774
10%
$238,298
3%
2024
$4,331
3%
$231,358
3%
2023
$4,225
10%
$224,620
6%
2021
$3,824
-4%
$211,727
-3%
2022
$3,985
4%
$218,078
6%
2021
$3,824
5%
$205,561
3%
2019
$3,636
5%
$199,574
3%
2018
$3,456
3%
$193,761
3%
2017
$3,366
2%
$188,117
3%
2016
$3,305
3%
$182,638
3%
2015
$3,221
3%
$177,318
3%
2014
$3,130
3%
$172,153
3%
2013
$3,038
—
$167,139
—
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
Estimate the Cost for 518 2nd St
518 2nd St, Oregon City, OR 97045 (MLS# 162374553) is a Single Family property with 4 bedrooms and 2 full bathrooms. 518 2nd St is currently listed for $565,500 and was received on July 22, 2026. Want to learn more about 518 2nd St? Do you have questions about finding other Single Family real estate for sale in Oregon City? You can browse all Oregon City real estate or contact a Coldwell Banker agent to request more information.

