Situated just above the hill from booming downtown Oregon City, this charming home offers a rare opportunity to own a piece of history while saving significantly on your monthly payment thanks to incredibly low property taxes of just $817 annually (an average savings of $200-$300 per month). Step inside to soaring ceilings and a bright, open-concept layout where the living, dining, and kitchen spaces flow seamlessly together. Natural light pours through energy-efficient double-pane windows, creating an uplifting atmosphere throughout the home. From the inviting elevated front porch to the open-air shelving and charming cabinetry, character shines at every turn. Thoughtful UPDATES include durable fiber cement siding, a new 200Amp electric panel, copper plumbing, an efficient mini-split system with heating and cooling, and raised garden beds ready for your green thumb. A dedicated laundry room that doubles as a mudroom adds everyday convenience.Zoned MUC1, this property offers exceptional flexibility, perfect for a home-based business, creative studio, or a savvy investment in a rapidly growing area (future store front with condos above).