24503 S Springwater Rd

Beds
Baths
Sq. Ft.
/ Sq. Ft.
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per Sq. Ft.

Description

Looking for an opportunity to own a piece of history? Look no further than the iconic Springwater Store! A staple of Estacada's history, this versatile property is ready and waiting for a new owner to create new experiences and treasured memories. With endless potential, this property is a blank canvas for your vision, ideas, and unique style. PLEASE NOTE: do not approach current tenants with inquiries. This historic property boasts two manufactured homes, a studio, a barn, an apartment, and more...Looking for an opportunity to own a piece of history? Look no further than the iconic Springwater Store! A staple of Estacada's history, this versatile property is ready and waiting for a new owner to create new experiences and treasured memories. With endless potential, this property is a blank canvas for your vision, ideas, and unique style. PLEASE NOTE: do not approach current tenants with inquiries. This historic property boasts two manufactured homes, a studio, a barn, an apartment, and more - all with fantastic long-term, MTM tenants who are eager to stay. Whether you're an investor or simply searching for an exceptional new property to call home, the Springwater Store is one to Check out!
  1. Listed by Molly LeBlanc • Keller Williams PDX Central
  2. Listed by Tyler Rise • Keller Williams PDX Central

Property Details for 24503 South Springwater Road

Zoning
EFU
View
Territorial
Parking Total
3.00
LISTING CLOSED: 04/29/2024 12:00 AM

Property Details for 24503 South Springwater Road

StatusSold
MLS #23060261
Days on Market347
Taxes$2,842 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1934
Lot Size-
CountyClackamas County

Location

Listing Courtesy of Keller Williams PDX Central

Sold By Keller Williams Realty Portland Premiere

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Building Information for 24503 South Springwater Road

Stories2Residences6Year Built1934Building Size-Lot Size-

Payment Calculator

$3,287 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,050

Property Taxes

$237

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 24503 South Springwater Road

Summary
Location and General Information
  • Country: US
  • Directions: On Springwater between Day Hill and Wallens
  • Road Surface: Dirt, Paved
School Information
  • Elementary School: Clackamas River
  • Elementary School 2: River Mill
  • High School: Estacada
  • Middle Or Junior School: Estacada
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $2,841.52
  • Parcel Number: 01059151
  • Parcel Number 2: 01154002
  • Parcel Number 3: 01330946
  • Tax Legal Description: SECTION 05 TOWNSHIP 4S RANGE 4E TAX LOT 02000
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Shared Well
  • Property Condition: Fixer
  • Year Built: 1934
Utilities
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Shared Septic
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Other
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $54,600.00
  • Gross Rent Multiplier: $10.97
  • Investor Information: According To Owner
  • Net Income Actual: $44,232.00
  • Operating Expense: $10,368.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Rent: $1,500
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Rent: $800
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Rent: $500
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Rent: $875
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 0
  • Unit Type 5 Beds Total: 0
  • Unit Type 5 Rent: $300
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 0
  • Unit Type 6 Beds Total: 0
  • Unit Type 6 Rent: $500
  • Unit Type 6 Units Total: 1

Property History for 24503 South Springwater Road

DateEvent & SourcePriceAppreciation
Apr 26, 2024

Sold (Public Record)

Public Record #1531146547

$600,000

+3.7% / yr

Oct 21, 2004

Sold (Public Record)

Public Record #144718827

$295,000
DateEvent & SourcePrice
04/26/2024

Sold (Public Record)

Public Record #1531146547

$600,000

+3.7% / yr

10/21/2004

Sold (Public Record)

Public Record #144718827

$295,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 24503 South Springwater Road

Taxable ValueLand-Additions-Total-
Tax Record2025$70 ($6 / month)
Home Facts
Lot Size9,148 SqFtStyleMiscellaneous CommercialZoningEFUCountyCLACKAMASAPN44E05 01901

Schools near 24503 South Springwater Road

This home is within Estacada School District 108.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Clackamas River Elementary School
PublicK to 5

Estacada Junior High School
Public6 to 8

Estacada High School
Public9 to 12

Summit Community College High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams PDX Central

All 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 Compass 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: 04/29/2024 11:27 AM