Milwaukie, OR 97267,14832 SE LEE AVE
Milwaukie, OR 97267,14832 SE LEE AVE
Milwaukie, OR 97267,14832 SE LEE AVE
Milwaukie, OR 97267,14832 SE LEE AVE
Milwaukie, OR 97267,14832 SE LEE AVE
Milwaukie, OR 97267,14832 SE LEE AVE
See all 31 photos
Listed by Keller Williams Sunset Corridor • 971-235-9561
Bought with Equity Pacific Real Estate LLC

$1,275,000

$1,300,000

1.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5,200 SqFt


SOLD DATE : 11/09/2023

Key Details

Sold Price $1,275,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $245

Subdivision Oak Grove

MLS Listing ID 23620963

Sold Date 11/09/23

Year Built 1966

Annual Tax Amount $6,779

Tax Year 2022

Property Description

Discover a premier Oak Grove multifamily investment. This six-unit property has four units with two beds and one bathroom and two units with one bed and one bathroom. All units have been modernized in recent years and feature contemporary amenities. On-site laundry enhances convenience for tenants. The property consists of two buildings on a large lot and features newer roofs, vinyl windows, and wood siding. Each unit has a private, fenced backyard, and eleven parking spaces are available.Opportunity to increase AGI through billing back utility expenses currently covered by the landlord. Rents are currently 18.8% below the market rates, presenting an excellent opportunity to increase rental income. The property has been exceedingly well-maintained, ensuring its long-term stability and lowering its maintenance expenses.The property's proximity to coffee shops and restaurants makes it an attractive living environment for tenants. Its strategic location and desirable characteristics make it an attractive investment opportunity.

Location

State OR

County Clackamas

Area _145

Zoning MR1

Rooms

Basement Crawl Space

Interior

Heating Ceiling

Exterior

Garage Spaces 11.0

View Y/N false

Roof Type Composition

Garage No

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Oak Grove

Middle Schools Alder Creek

High Schools Putnam

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Regional Multiple Listing Service (RMLS)
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 351-6569

jen@jenschurter.com

2175 NW Raleigh St. # 110, Portland, OR, 97210, United States

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.