8460 Se Clatsop St, Happy Valley, OR

$965,000

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0.35

Acres

About 8460 Se Clatsop St

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.

Features of 8460 Se Clatsop St

MLS® # 787309065
Price $965,000
Bathrooms 0.00
Acres 0.35
Year Built 1985
Type Multi Family
Status Active

Community Information

Address 8460 Se Clatsop St
Area 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
City Happy Valley
County Clackamas
State OR
Zip Code 97086

Amenities

Parking Off Street, Paved
Is Waterfront No
Has Pool No

Interior

Heating Wall Heater
Fireplace No

Exterior

Exterior Other
Lot Description Level

School Information

Elementary Lewelling
Middle Rowe
High Milwaukie

Additional Information

Date Listed May 18th, 2026
Days on Market 125
Zoning R5
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColumbia Equity Advisors

Listing Map

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