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8460 SE Clatsop St, Happy Valley, OR 97086

Happy Valley
Local realty services provided by:CENTURY 21 Northstar
8460 SE Clatsop St,Happyvalley, OR 97086
$975,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jim reiter
Office: columbia equity advisors503-913-1943
MLS#:787309065
Source:PORTLAND

Price summary

  • Price:$975,000

About this home

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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Home facts

  • Year built:1985
  • Listing ID #:787309065
  • Added:1 day(s) ago
  • Updated:May 18, 2026 at 07:22 PM

Structure and exterior

  • Year built:1985
  • Lot area:0.35 Acres
  • Lot Features:Level

Schools

  • High school:Milwaukie
  • Middle school:Rowe
  • Elementary school:Lewelling

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$975,000
  • Tax amount:$5,084 (2025)

Parking

  • Parking description:Off Street, Paved
MLS LogoAll 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 CENTURY 21 Northstar are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: May 18, 2026

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