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.
Sold
$905,000
13211 SE Oatfield Rd, Portland, OR 97222
8beds
3,600sqft
Multi Family
Built in 1971
-- sqft lot
$915,200 Zestimate®
$251/sqft
$1,650 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: December 16, 2024 at 12:00am
Listed by:
Amanda Rose 971-322-9176,
RE/MAX Advantage Group
Bought with:
Rosalie Herboth, 201221307
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 24357334

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- Partial bathrooms: 4
Heating
- Zoned
Appliances
- Included: Dishwasher, Disposal, Range, Washer/Dryer, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street
Features
- Stories: 2
Lot
- Size: 10,018 sqft
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: 00170852
- Zoning: MR1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security Lights
Community
- Community features: Front Yard Landscaping
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 6800
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
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Estimated market value
$915,200