Prime Mixed-Use Investment Opportunity with Stunning River ViewsThis exceptional mixed-use property offers incredible versatility and income potential with two ground-level retail spaces and three furnished residential apartments above. Perfectly positioned across the street from the beautiful Willamette River, this property combines charm, function, and location.Retail Spaces (Ground Floor): Each retail space has its own private entrance. One suite is a blank canvas, ready for your vision—ideal for retail, office, or studio use. The second suite is move-in ready, featuring two private offices, an open front area, a storage room in the back, and a convenient half bathroom.Residential Units (Second Floor): Unit 1: A spacious 3 bed, 1 bath apartment with an open floor plan, a wall of windows offering panoramic views, in-unit laundry, private entry, and efficient ductless heating and cooling. Units 2 & 3: Each are 1 bed, 1 bath apartments with bright living spaces, lots of storage, full kitchens, ductless heating and cooling, shared laundry hookups in the hallway, and beautiful natural light throughout. Additional features include ample off-street parking, furnished residential units, and unbeatable views of the Willamette River across the street and hills behind. Whether you're an investor or an owner-user, this property is a rare find with multiple income streams and endless potential.
Sold
$375,000
48019 Highway 58, Oakridge, OR 97463
5beds
6,084sqft
Multi Family
Built in 1952
-- sqft lot
$425,300 Zestimate®
$62/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 07:41am
Listed by:
Mara Gregory #AGENT_PHONE,
Keller Williams Realty Eugene and Springfield
Bought with:
Austin Willhite, 201212277
Willhite Real Estate
Source: RMLS (OR),MLS#: 235620646

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- Partial bathrooms: 2
Heating
- Ductless
Cooling
- Has cooling: Yes
Appliances
- Included: Electric Water Heater
- Laundry: Common Area
Features
- Basement: None
Interior area
- Total structure area: 6,084
- Total interior livable area: 6,084 sqft
Property
Parking
- Total spaces: 9
- Parking features: Paved
Features
- Stories: 2
- Has view: Yes
- View description: Mountain(s), River
- Has water view: Yes
- Water view: River
- Body of water: Willamette River
Lot
- Size: 4,791 sqft
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: 0955201
- Zoning: C3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Flat
Condition
- Approximately
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Entry
Community
- Community features: Laundry
Location
- Region: Oakridge
Other
Other facts
- Listing terms: Call Listing Agent,Cash,Conventional
- Road surface type: Paved
Services availability

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Get a free Zillow Showcase℠ listing and you could sell for .
$425,300
2% more+ $8,506
With Zillow Showcase(estimated)
$433,806