1105 Riverside Drive Vernonia, OR $ 3,395,000
1105 Riverside Drive
$ 3,395,000
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1105 Riverside Drive

Vernonia, OR, 97064
$ 3,395,000
Baths0.0

Monthly Estimate*

$ 20,904

Listed by Palmero Partners
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Studio

Multi-Family Home for sale in Vernonia, OR

for $3,395,000. This home was built in 1973 on a lot size of 16.3.

OVERVIEW Riverside Meadows Mobile Home Park in Vernonia, Oregon, is a river front community offering a unique blend of small-town charm, scenic natural surroundings, and practical amenities for residents. The park currently features a mix of mobile home and RV sites, with city-provided water and sewer utilities, and is situated on over 16 acres of land. Its location provides easy access to employment and outdoor recreation, including the nearby Banks-Vernonia State Trail, making it an attractive option for nature enthusiasts and those seeking a peaceful, rural lifestyle. EXPANSION POTENTIAL A significant benefit of Riverside Meadows is its potential for growth, bolstered by city-approved plans for expansion and rent growth potential. The City of Vernonia has granted approval for the addition of 27 new RV spaces on the property, ensuring that the expansion is ready for development. This expansion offers a compelling opportunity to increase rental income and accommodate the rising demand for RV accommodations in the region. With strong occupancy rates in the area and a robust local economy supported by proximity to Portland and Hillsboro, the addition of new RV spaces positions Riverside Meadows as a versatile and forward-looking community asset.

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Multi-Family Active

Price

$ 3,395,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

10+ Units

Lot Size

16.3

Year Built

1973

Town/City

Vernonia

County/Region

Columbia

MLS | Web ID

2486330

Features
General
Living Area 0
Sewer Sewer Connected
Heating None
Cooling None
Possession Closing
Roof Built-Up
HOA Fee 0
Garage Spaces 0
Year Built 1973
Property Subtype Multi Family
Tax Year 2026
County Columbia
Net Operating Income 242392
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Oregon
Special Listing Conditions None
Status Active
Directions N/A
City Vernonia
Senior Community Y/N N
High School District Vernonia
Number Of Units Total 0
MLS Area 2000 - Oregon
Lot Size Units Square Feet
Lot Size Square Feet 710028
Carport Spaces 0
Carport Y/N N
Listing Terms Conventional
Tax Annual Amount 0
Electric Expense 0
Fuel Expense 0
Public Remarks OVERVIEW Riverside Meadows Mobile Home Park in Vernonia Oregon is a river front community offering a unique blend of small-town charm scenic natural surroundings and practical amenities for resid
Leasable Area 710028
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company City of Vernonia
Units Below Grade false
Water Sewer Garbage 0
Property Style 56 - 10+ Units
Cap Rate 7.14
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Exterior
Exterior Amenities Wood
Building Area Total 0
Lot Size Acres 16.3
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 0
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Interior
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2486330
Street Number 1 1105
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* Excluded Features
List By
Evan McLeod

Listing Agent

Palmero Partners

Broker

Affordability Calculator

$20,904
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,904
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5410831 Elementary School
5410830 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$3,395,000 Listed Price

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1105 Riverside Drive, Vernonia, OR, 97064 is a Multi-Family Home for sale at $3,395,000 with a lot size of 16.3. 1105 Riverside Drive is a studio with 0.0 baths and was built in 1973. The property's zip code is 97064 which is in Vernonia, OR