Courtesy: Epique Realty
503-819-9191
Rare multifamily opportunity in Hines featuring 3 recognized addresses (129, 131, & 131½ S Milwaukie Ave) with separate entrances & utility meters, for significant value-add potential. The property currently includes 2 livable units plus a 3rd unfinished unit with electrical service & plumbing in place. The unfinished unit offers an excellent opportunity for additional rental income, multigenerational living, guest quarters, or expanded living space upon completion. Situated on a large city lot, the property offers over 2,400 square feet of existing living space & flexible configuration options rarely found in today's market. While updates & improvements remain, much of the groundwork has been started, creating an opportunity for investors, contractors, or owner-occupants to build equity through completion & modernization. Whether you're looking for rental income, a value-add investment, or flexible living arrangements, this property offers possibilities that are difficult to find
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Hines is located in Oregon. Hines, Oregon has a population of 1,685. Hines is more family-centric than the surrounding county with 29.91% of the households containing married families with children. The county average for households married with children is 27.31%.
The median household income in Hines, Oregon is $63,138. The median household income for the surrounding county is $42,095 compared to the national median of $69,021. The median age of people living in Hines is 40.6 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 10.3 inches per year, with 21.8 inches of snow per year.
