GREAT INVESTMENT OPPORTUNITY! Approx 1/2 acre!!! - Triplex PLUS area to build in the back. Confirm with city to build owner home in back or 2 more units! Fix up the Triplex and have a great income stream. Has carport, 2 garages, huge deck & lots of land! 3rd unit has been gutted and needs to be updated to rent out. Owners live in 1 unit and 2nd unit is rented w/great renter. Confirm with city to build owner home in back or 2 more units! Price is sold as-is with sellers doing no repairs.
Off market
$659,700
18225 SE Addie St, Milwaukie, OR 97267
6beds
3baths
3,444sqft
MultiFamily
Built in 1961
-- sqft lot
$659,700 Zestimate®
$192/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Baseboard, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Refrigerator
- Laundry: Washer/Dryer Hookup
Features
- Basement: Daylight, Exterior Entry
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,444 sqft
Property
Parking
- Parking features: Carport
Features
- Patio & porch: Deck Storage
- Exterior features: Brick, Cement / Concrete
Details
- Parcel number: 00515776
- Zoning: MR-1
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Fixer
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Milwaukie
HOA & financial
Other financial information
- Total actual rent: 3800
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- Appliances: Dishwasher, Refrigerator, Electric Water Heater
- FireplaceYN: true
- CarportYN: true
- HeatingYN: true
- Utilities: Electricity Connected
- CoolingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Brick, Cement Siding, Cedar
- Roof: Composition
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Carport, Storage
- RentIncludes: Water, Sewer, Trash Collection
- GrossIncome: 45600
- PropertyCondition: Fixer
- Zoning: MR-1
- Basement: Daylight, Exterior Entry
- TotalActualRent: 3800
- CapRate: 7.56
- LaundryFeatures: Washer/Dryer Hookup
- Cooling: Air Conditioning
- MlsStatus: Pending
- PatioAndPorchFeatures: Deck Storage
- NetOperatingIncome: 37808
- OperatingExpense: 7792
- TaxAnnualAmount: 4792.32
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
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
$659,700