Unique opportunity to own 12 homes built as six duplexes for rent. Each unit contains 1125 sq. ft, 3 bedrooms, 2.5 baths. Built in 1997 and located Happy Valley, Oregon. Situated across from landscaped park, these homes are in high demand. Current 2023 rent roll = $22,490/mo. = 5.5 cap. Private fenced back yards. Direct access to I-205 and Clackamas Town Center and Kaiser Hospital.
Sold
$3,252,400
14198 SE Summerfield Loop, Happy Valley, OR 97086
36beds
13,500sqft
Multi Family
Built in 1997
-- sqft lot
$2,313,100 Zestimate®
$241/sqft
$1,870 Estimated rent
Home value
$2,313,100
$1.90M - $2.78M
$1,870/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 18, 2023 at 11:23am
Listed by:
Bret Bocci 503-659-3300,
Suntree Inc., Realtors,
Robert Bocci 503-659-3300,
Suntree Inc., Realtors
Bought with:
Chris Shepard, 201012092
Uptown Properties, LLC
Source: RMLS (OR),MLS#: 23150473
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 36
- Bathrooms: 36
- Full bathrooms: 24
- Partial bathrooms: 12
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater, Tank Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 13,500
- Total interior livable area: 13,500 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Off Site
- Has garage: Yes
Features
- Stories: 2
- Has view: Yes
- View description: Park/Greenbelt, Valley
Lot
- Features: Bluff, Corner Lot, Gentle Sloping, Trees, Acres 1 to 3
Details
- Parcel number: 01740076
- Zoning: VR57
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1997
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Unknown
Community
- Community features: Basketball Court, Recreation Facilities
Location
- Region: Happy Valley
HOA & financial
Other financial information
- Total actual rent: 22500
Other
Other facts
- Listing terms: Cash
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2025 | Listing removed | $2,495 |
Source: Zillow Rentals | ||
| 3/7/2025 | Listed for rent | $2,495 |
Source: Zillow Rentals | ||
| 3/7/2025 | Listing removed | $2,495 |
Source: Zillow Rentals | ||
| 2/9/2025 | Listed for rent | $2,495 |
Source: Zillow Rentals | ||
| 2/6/2025 | Listing removed | $2,495 |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,980 +2.8% | $206,491 +3% |
| 2023 | $3,870 +5.5% | $200,477 +3% |
| 2022 | $3,666 +3.7% | $194,638 +3% |
Find assessor info on the county website
Neighborhood: 97086
Nearby schools
GreatSchools rating
- 10/10Scouters Mountain Elementary SchoolGrades: K-5Distance: 1.9 mi
- 4/10Happy Valley Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Adrienne C. Nelson High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Spring Mountain
- Middle: Happy Valley
- High: Clackamas
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,313,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,313,100