Real Estate Investment Properties for Sale in Mill City, OR

Looking for investment property in Mill City, OR with high ROI ?

Explore a variety of short-term homes & houses in Mill City, OR. Invest wisely with VRBO & Mill City, OR Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Mill City, OR

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
475 NE ALDER St Mill City, OR Great opportunity in Mill City, 3 bdrm 1.5 Bath with basement for investment property or r...	3 beds \| 1 baths \| 1,180 sq.ft.	$267,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.41% Airbnb Rental Income: $null Traditional Rental Income: $2057 Airbnb ROI: N/A Traditional ROI: 6.41%
940 SW MAIN Ave Mill City, OR Listing now includes taxlot #0364352 (no improvements) for a total of .33 acres! On peac...	4 beds \| 3 baths \| 2,550 sq.ft.	$539,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.32% Airbnb Rental Income: $null Traditional Rental Income: $3772 Airbnb ROI: N/A Traditional ROI: 5.32%
329 S 1st Ave Mill City, OR 329 S 1st Ave, Mill City, OR 97360 \| Single Family Residential	5 beds \| 2 baths \| 2,384 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.5% Airbnb Rental Income: $null Traditional Rental Income: $2876 Airbnb ROI: N/A Traditional ROI: 6.5%
1231 SW 3rd Ave Mill City, OR 1231 SW 3rd Ave, Mill City, OR 97360 \| Townhouse	4 beds \| 2 baths \| 2,022 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $2666 Airbnb ROI: N/A Traditional ROI: 3.18%
13594 Hudel Rd SE Mill City, OR 13594 Hudel Rd SE, Mill City, OR 97360 \| Other	N/A beds \| N/A baths \| N/A	$259,900	Airbnb cash on cash: -1.33% Traditional cash on cash: 1.34% Airbnb Rental Income: $524 Traditional Rental Income: $903 Airbnb ROI: -1.33% Traditional ROI: 1.34%
363 NE Birch St Mill City, OR	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 1.47% Airbnb Rental Income: $524 Traditional Rental Income: $903 Airbnb ROI: -1.3% Traditional ROI: 1.47%
1090 SE 3rd Ave Mill City, OR 1090 SE 3rd Ave, Mill City, OR 97360 \| Single Family Residential	4 beds \| 2 baths \| 1,945 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $2839 Airbnb ROI: N/A Traditional ROI: 4.78%
410 SW Broadway St Mill City, OR Charming Mill City cottage with classic character & location. This 2 bed, 1 bath home was ...	2 beds \| 1 baths \| 1,160 sq.ft.	$329,900	Airbnb cash on cash: 4.16% Traditional cash on cash: 5.49% Airbnb Rental Income: $2482 Traditional Rental Income: $2293 Airbnb ROI: 4.16% Traditional ROI: 5.49%
483 SE Hazel Ave Mill City, OR 483 SE Hazel Ave, Mill City, OR 97360 \| Single Family Residential	4 beds \| 2 baths \| 2,553 sq.ft.	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $2921 Airbnb ROI: N/A Traditional ROI: 4.27%
328 S 1st St Mill City, OR 328 S 1st St, Mill City, OR 97360 \| Single Family Residential	3 beds \| 2 baths \| 1,691 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.75% Airbnb Rental Income: $null Traditional Rental Income: $2513 Airbnb ROI: N/A Traditional ROI: 2.75%
150 Santiam Pointe Lp NE Mill City, OR 150 Santiam Pointe Lp NE, Mill City, OR 97360 \| Other	N/A beds \| N/A baths \| N/A	$370,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 0.96% Airbnb Rental Income: $524 Traditional Rental Income: $1106 Airbnb ROI: -1.52% Traditional ROI: 0.96%
0 SE Pioneer Rd Mill City, OR 0 SE Pioneer Rd, Mill City, OR 97360 \| Other	N/A beds \| N/A baths \| N/A	$779,000	Airbnb cash on cash: -1.75% Traditional cash on cash: -0.85% Airbnb Rental Income: $524 Traditional Rental Income: $903 Airbnb ROI: -1.75% Traditional ROI: -0.85%

Real Estate investment in Mill-city, OR

There are 12 properties for sale in the city of Mill City . The median list price in Mill City is $402,500 and the average price per square foot is $208. In February 2026, the average monthly cash on cash return in Mill City is 4.00%. The average monthly rental income in Mill City is $2,403.

Mill-city, OR Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 12 investment properties available for sale in Mill-city.

In 2026, the best neighborhood to buy investment property is Mill City.

The ROI for Long-Term is higher than the Short-Term in Mill-city with average rental income of $2,403.

Your search for investment property begins and ends here

Investment Property for Sale in Mill City, OR

475 NE ALDER St

Mill City, OR

3 beds | 1 baths | 1,180 sq.ft.

$267,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2057

Airbnb ROI: N/A

Traditional ROI: 6.41%

940 SW MAIN Ave

Mill City, OR

4 beds | 3 baths | 2,550 sq.ft.

$539,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.32%

Airbnb Rental Income: $null

Traditional Rental Income: $3772

Airbnb ROI: N/A

Traditional ROI: 5.32%

329 S 1st Ave

Mill City, OR

5 beds | 2 baths | 2,384 sq.ft.

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.5%

Airbnb Rental Income: $null

Traditional Rental Income: $2876

Airbnb ROI: N/A

Traditional ROI: 6.5%

1231 SW 3rd Ave

Mill City, OR

4 beds | 2 baths | 2,022 sq.ft.

$535,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2666

Airbnb ROI: N/A

Traditional ROI: 3.18%

13594 Hudel Rd SE

Mill City, OR

N/A beds | N/A baths | N/A

$259,900

Airbnb cash on cash: -1.33%

Traditional cash on cash: 1.34%

Airbnb Rental Income: $524

Traditional Rental Income: $903

Airbnb ROI: -1.33%

Traditional ROI: 1.34%

363 NE Birch St

Mill City, OR

N/A beds | N/A baths | N/A

$250,000

Airbnb cash on cash: -1.3%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $524

Traditional Rental Income: $903

Airbnb ROI: -1.3%

Traditional ROI: 1.47%

1090 SE 3rd Ave

Mill City, OR

4 beds | 2 baths | 1,945 sq.ft.

$435,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2839

Airbnb ROI: N/A

Traditional ROI: 4.78%

410 SW Broadway St

Mill City, OR

2 beds | 1 baths | 1,160 sq.ft.

$329,900

Airbnb cash on cash: 4.16%

Traditional cash on cash: 5.49%

Airbnb Rental Income: $2482

Traditional Rental Income: $2293

Airbnb ROI: 4.16%