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187 W Oregon Ave

Creswell, OR 97426
  • $375,000
  • STATUS: Pending
  • ON SITE: 11 Days
  • MLS #: 754714687
Pending
UPDATED: 168 min ago
$375,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,370
    SQFT
  • $86
    $/SQFT
Type:
Business Opportunity
Built:
1920
County:

School Ratings & Info

Description

This versatile 4,350 sq. ft. multi-use property in historic downtown Creswell offers a unique investment opportunity with solid income from an occupied 3-bedroom, 1-bath apartment and approximately 2,640 sq. ft. of shell space ready for your vision. Featuring a newer roof and zoned for downtown commercial use—with potential conversion to residential per city guidelines—this space is perfect for investors or owner-operators looking to capitalize on Creswell’s charm and growth. Formally the Historic Creswell Theater, this property combines character with flexibility in a prime location. Apartment is currently rented for $1895 a month.

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Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Gustavo Group | MORE Realty Inc are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-05-17T05:55:30.98.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | MORE Realty Inc and should be independently verified.
www.homevaluewashington.com/homes/176135215
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187 W Oregon Ave Creswell, OR 97426

  • Price: $375,000
  • Status: Pending
  • On Site: 11 Days
  • Updated: 168 min ago
  • MLS #: 754714687
0
Beds
0
Baths
0
½ Baths
0.11
Acres
4,370
SQFT
$86
$/SQFT
1920
Built
Neighborhood:
235-Lane Co:South Lane Properties
County:
Lane
Area:
235-Lane Co:South Lane Properties
Property Description
This versatile 4,350 sq. ft. multi-use property in historic downtown Creswell offers a unique investment opportunity with solid income from an occupied 3-bedroom, 1-bath apartment and approximately 2,640 sq. ft. of shell space ready for your vision. Featuring a newer roof and zoned for downtown commercial use—with potential conversion to residential per city guidelines—this space is perfect for investors or owner-operators looking to capitalize on Creswell’s charm and growth. Formally the Historic Creswell Theater, this property combines character with flexibility in a prime location. Apartment is currently rented for $1895 a month.
Exterior Features

Attached Garage YN No Road Surface Type Paved Roof Flat View YN No

Interior Features

Cooling YN No Heating Wall Heater Heating YN No

Property Features

Bank Owned YN No Current Use Multi Family Fuel Description Electricity Green Certification YN No Gross Income 10845 IDXAddress Display YN Yes Internet Service Type Cable Listing Terms Cash Other Operating Expense 5690 Property Attached YN No Property Condition Existing Property Sub Type Business Opportunity Sale Includes Building Sewer Public Sewer Short Sale YN No Tax Annual Amount 1864.92 Tax Year 2025 Water Source Public Water Zoning DC

Listing provided courtesy of United Real Estate Properties: simon@urepro.com.


Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Gustavo Group | MORE Realty Inc are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-05-17T05:55:30.98.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | MORE Realty Inc and should be independently verified.
 
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Gustavo Group | MORE Realty Inc
8308 E Mill Plain Blvd
Vancouver WA, 98664