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Listed by RE/MAX Advantage Group
$ 915,000
Est. payment | /mo
3,600 SqFt
$ 915,000
Est. payment | /mo
3,600 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $254
MLS Listing ID 24357334
Year Built 1971
Annual Tax Amount $5,088
Tax Year 2023
Lot Size 10,018 Sqft
Property Description
Rare turn-key investment opportunity located at the end of the Milwaukie MAX line. This fully leased-up 4-plex investment features meticulously renovated 2BD/1.5 BA apartments. The property comprises two separate 2-story duplex buildings on one tax lot. This property is ideally situated in Milwaukie between two main arteries, Oatfield Road and McLoughlin Blvd. The remodeled units showcase updated kitchens with new cabinets, countertops, fixtures, hardware, and stainless-steel appliances. Bathrooms have been modernized with new vanities, flooring, toilets, and fixtures. The remodeled units boast new laminate flooring, carpets in bedrooms, light fixtures, in-wall heaters, outlets, doors, hardware, and fresh paint. Each unit includes a primary suite with an attached half bath, a new washer & dryer located in the hallway, and an attached exterior storage unit. The property offers ample off-street parking, semi-private large yard space for lower units, and a beautiful new large deck for the upper unit. Exterior enhancements feature new fences, decks, double-paned vinyl windows, newer roofs, and exterior paint. With a residential feel and high-income potential, the updated 4-plex duplex provides a unique opportunity to own a low-maintenance investment for the discerning buyer.
Location
State OR
County Clackamas
Community Frontyardlandscaping
Area _145
Zoning MR1
Rooms
Basement Crawl Space
Interior
Heating Wall Heater, Zoned
Exterior
Community Features FrontYardLandscaping
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Oak Grove
Middle Schools Alder Creek
High Schools Putnam
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
