Listing Courtesy of: 503-908-4908 - Drew Coleman - Opt
503-908-4908
$525,000
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14124 SE MILL St Portland, OR 97233
Single Family
Residence
3
Beds
2
Baths
...
Bed/Bath
2,200
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Turnkey Investment with High-Quality Tenant and strong Cash Flow. This is an ideal opportunity for investors seeking reliable, above-market income from day one. This well-maintained property lives like a duplex with two kitchens, two living areas, and a flexible layout including a lower-level suite ...with exterior access.The current long-term tenant runs an on-site licensed, state-funded childcare business. Government subsidies back the rent, offering consistent, guaranteed income. The tenant maintains the property well and is open to a long-term lease with built-in renewal options.Upgrades include a newer furnace, A/C, LVP flooring, an updated kitchen downstairs, newer appliances (fridge, dishwasher, washer/dryer), fresh interior/exterior paint, a covered deck, updated windows, a DEQ-certified oil tank decommission, and asbestos/lead paint clearance.Zoned residential and in a quiet neighborhood, this property offers strong immediate returns, minimal management, and a tenant who treats it like their own. It is perfect for investors seeking a high-performing, low-drama asset with long-term upside.
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MLS#
778131711
Property Type
Single Family
Status
Bedrooms
3
Bathrooms
Year Built
1956
Square Feet
2,200
sq. ft
Lot Size
0.22
Sewer
Public Sewer Available
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