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Listed by RE/MAX Advantage Group
$ 550,000
Est. payment | /mo
10,018 Sqft Lot
$ 550,000
Est. payment | /mo
10,018 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24169069
Year Built 1971
Annual Tax Amount $2,565
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 duplex investment features meticulously renovated 2BD/1.5 BA apartments. The property comprises of one 2-story duplex buildings on its own 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 duplex provides a low-maintenance investment for the discerning buyer.
Location
State OR
County Clackamas
Area _145
Zoning MR1
Rooms
Basement Crawl Space
Interior
Heating Wall Heater, Zoned
Exterior
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, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
