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Listed by Brantley Christianson Real Estate • 503-616-8122
$1,568,000
Est. payment /mo
6,000 SqFt
Active
2507 SE MONROE ST Milwaukie, OR 97222
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $261
MLS Listing ID 319345699
HOA Y/N No
Year Built 1963
Annual Tax Amount $10,291
Tax Year 2025
Lot Size 0.280 Acres
Property Description
Great location! Value-added 8-Unit apartment building in the heart of Milwaukie, just around the corner from largest Waldorf school in the State and one block from Milwaukie High School, near the waterfront and restaurants. 6 units out of 8 have been remodeled/updated during 2021-2023. Total 8 unit at one level: 1 unit has 2B/1.1B, 6 units are 2B/1B, 1 unit has 1B/1B. Low maintenance, brick siding, newer roof and newer kitchen appliances! New electric panels in all units! fully rented! Cap rate at 5.93%! Turn-key opportunity to expand your real estate portfolio!
Location
State OR
County Clackamas
Community Frontyardlandscaping
Area _145
Zoning R1B
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Exterior
Community Features FrontYardLandscaping
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Other
Middle Schools Rowe
High Schools Milwaukie
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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