2507 SE MONROE ST, Milwaukie, OR 97222

Listing Courtesy of Brantley Christianson Real Estate.

$1,500,000
6,000
SqFt

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List Price
$1,500,000
Price Change
▼ $68,000 1780616083
MLS#
319345699
Status
ACTIVE
City
Milwaukie
Area
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
County
Clackamas
Living Area
6,000
Year Built
1963

Property Description

Great location! Value-added 8-Unit apartment building in the heart of Milwaukie, just around the corner from largest Waldorf school in the State and one block from Milwaukie High School, near the waterfront and restaurants. 6 units out of 8 have been remodeled/updated during 2021-2023. Total 8 unit at one level: 1 unit has 2B/1.1B, 6 units are 2B/1B, 1 unit has 1B/1B. Low maintenance, brick siding, newer roof and newer kitchen appliances! New electric panels in all units! fully rented! Cap rate at 5.93%! Turn-key opportunity to expand your real estate portfolio!

Additional Information

Acres
0.28
View
Territorial
Water
Public Water
Elementary School
Other
Middle School
Rowe
High School
Milwaukie

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Calculator source: Real Geeks