12406 SE FULLER RD, Milwaukie, OR 97222

Property Description

Milwaukie duplex listed $55,000 below the August 2025 appraised value of $505,000 — ideal for house hackers, owner-occupants, investors, or 1031 buyers. No HOA. Corner lot. 6 off-street parking spaces. 1-bedroom unit is vacant and move-in ready with new carpet, fresh paint, newer vinyl flooring, and a 2019 water heater — live here while the 2-bedroom unit cash-flows. The 2-bedroom unit is rented month-to-month, rent increasing to $1465 in September. Combined at market rents, the property has potential gross income of approximately $2,700/month or so. Each unit has its own fully fenced private yard, patio, exterior shed, and laundry hookups. 2-bedroom nicely updated with bath remodeled 2020-21, newer flooring throughout, and more. Roof replaced 2012. Exterior freshly painted. Low Clackamas County taxes. Bus stop directly out front. Minutes to the MAX line, I-205, Clackamas Town Center, and N Clackamas Aquatic Park. Linwood Elementary, Rowe Middle, Milwaukie High School. Motivated sellers, all reasonable offers will be considered.