Courtesy: RE/MAX Equity Group
503-653-0607
Opportunity knocks! Two units, both currently rented, with excellent cash flow. The main house in front is 1,188 sq. ft. incl. converted garage, 2 BR/1 bath, currently rented at $1,650/month. The second house in rear has been recently refreshed and is 575 sq. ft., 1 BR/1 bath, currently rented at $1,350/month. Conveniently located between the Oak Grove Blvd. shops & McLoughlin Blvd: walk to Fred Meyer & transit. Commercial zoning (C3) offers even more opportunities! Photos are from when the rear unit was refreshed, prior to the current tenancy of that unit.
Courtesy: RE/MAX Advantage Group
503-855-3298
Rare turn-key investment opportunity located at the end of the Milwaukie MAX line. This fully leased-up duplex investment features meticulously renovated 2BD/1.5 BA apartments. The property comprises of one 2-story duplex buildings on its own lot. This property is ideally situated in Milwaukie between two main arteries, Oatfield Road and McLoughlin Blvd. The remodeled units showcase updated kitchens with new cabinets, countertops, fixtures, hardware, and stainless-steel appliances. Bathrooms have been modernized with new vanities, flooring, toilets, and fixtures. The remodeled units boast new laminate flooring, carpets in bedrooms, light fixtures, in-wall heaters, outlets, doors, hardware, and fresh paint. Each unit includes a primary suite with an attached half bath, a new washer & dryer located in the hallway, and an attached exterior storage unit. The property offers ample off-street parking, semi-private large yard space for lower units, and a beautiful new large deck for the upper unit. Exterior enhancements feature new fences, decks, double-paned vinyl windows, newer roofs, and exterior paint. With a residential feel and high-income potential, the updated duplex provides a low-maintenance investment for the discerning buyer.
Courtesy: Berkshire Hathaway HomeServices NW Real Estate
503-907-2280
Fabulous remodel has brought this mid-century gem back to life! Gorgeous woodwork on the ceilings! 2 units! All new main floor kitchen, new baths throughout, new garage doors, new roof/gutters, new interior/ext paint, all new crawl space insulation, mold remediation and new vapor barrier. Loads of flexibility for multi-generational, rent the ADU to offset your mortgage or rent both units as an investor duplex. City of Milwaukie allows AirBnbs. STR/MTR/LTR. Buyers to do all your own due diligence regarding rentals. Previously used for multi-generational living, no financials. Unit 1 is 3/2.5 with a 2 car garage. Main level full bed and all new bath with Walk In Closet and 2 lower level bedrooms. Rentometer Market rent is $2559. Unit 2 features private side entrance with walking path, full kitchen, 2 bed/1 bath with on street parking in front of the property. Family room and dining area, plus set up for stackable w/d. $1867 Rentometer avg market rent. Huge yard, full of possibilities. NO HOA. Seller is still adding some finishing touches! Great Milwaukie location in a quiet neighborhood. Easy access to shopping at Clackamas Town Center, restaurants and I-205. Unrepresented Buyers welcome. NOTE: Projected rents are for long term rents. Our agents work for the seller and are there to give you access during the open house.
Courtesy: Nostalgic Home Realty
503-358-2048
Best location, style, and value! Triplex Investment with Massive Upside Potential on Oversized Lot! Neighborhood of tree-lined streets and new development of luxury $800,000 SFR homes. Property is 1 mile to popular downtown Milwaukie, MAX train and new riverfront park. Easy place to live without a car. Bike path along newly paved Lake Rd, less than 10 minutes to New Seasons, Bob's Red Mill Cafe, farmer's market, and Clackamas Town Center. Upstairs: 3 bed/2 bath home with deck and huge, private backyard. Ground level: Two 1 bed/1 bath inviting apartments. Good condition with new paint + roof. Currently zoned for 4plex, may add more rental structures according to city-massive upside potential!
Courtesy: Polaris Realty NW
971-266-3944
Fabulous duplex with THREE bedrooms, 1.5 baths on each side! Completely remodeled in 2020 with vinyl windows, new bathrooms, kitchens with granite and SS appliances, and more! Open layouts with huge windows for tons of light on a large lot. Each unit has a deck and a large, fenced yard space! Super convenient cul-de-sac location within the City of Milwaukie. A quick hop to downtown Milwaukie, skip to Sellwood, and jump to downtown PDX and South Waterfront. This is a solid investment property whether it's your first rental or another to add to your portfolio. Please do not disturb tenants. Seller contributions negotiable! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10229720]
Courtesy: Urban Nest Realty
503-432-8126
Charming Duplex in Prime Milwaukie Location, blocks to the farmers market, the gorgeous library and all that downtown Milwaukie has to offer! This property offers an excellent opportunity for investors or owner-occupants looking for rental income. Both units have wood floors, updated vinyl windows throughout that allow all the light to flood the units. Each unit has their own back yard and they share the basement for storage and laundry. Don't miss out on this fantastic opportunity to own a charming duplex in a highly sought-after Milwaukie neighborhood.
Milwaukie is located in Oregon. Milwaukie, Oregon has a population of 20,627. Milwaukie is less family-centric than the surrounding county with 25.46% of the households containing married families with children. The county average for households married with children is 33.27%.
The median household income in Milwaukie, Oregon is $58,911. The median household income for the surrounding county is $72,408 compared to the national median of $57,652. The median age of people living in Milwaukie is 40.9 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 36.5 degrees. The average rainfall is approximately 41.8 inches per year, with 0.9 inches of snow per year.
