13211 SE OATFIELD RD Milwaukie, OR $ 1,550,000
13211 SE OATFIELD RD
$ 1,550,000
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13211 SE OATFIELD RD

Milwaukie, OR, 97222
$ 1,550,000
Bedrooms6 Baths6.0 Sq 5,400

Monthly Estimate*

$ 10,827

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Multi-Family Home for sale in Milwaukie, OR

for $1,550,000 with 6 bedrooms and 6 full baths. This 5,400 square foot home was built in 1971.

Rare turn-key investment opportunity located at the end of the Milwaukie MAX line. This fully leased-up 6-unit investment features meticulously renovated 2BD/1.5 BA apartments. The property comprises three separate 2-story duplex buildings on two tax lots, 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 remaining 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 beautiful new large decks for the upper units. 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 6-Plex ensures a low-maintenance investment for the discerning buyer.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 7,721

Style

Year Built

1971

Town/City

Milwaukie

County/Region

Clackamas

MLS | Web ID

24450095

Features
General
Sewer PublicSewer
Heating WallHeater Zoned
Roof Composition
Zoning MR1
Security Features SecurityLights
Year Built 1971
Stories 2
Tax Year 2023
Gross Income 119964.0
Community Features Commons FrontYardLandscaping
County Clackamas
Net Operating Income 92344.0
Operating Expense 27620.0
Property Type MultiFamily
Rent Includes Sewer TrashCollection Water
Status Active
Directions Silver Springs Road
High School Putnam
City Milwaukie
Total Units 6
MLS Area _145
Street Name OATFIELD
Listing Terms Cash Conventional
Elementary School Oak Grove
Tax Annual Amount 7721.0
Middle/Junior High School Alder Creek
Property Condition UpdatedRemodeled
Virtual Tour https://my.matterport.com/show/?m=7ny6mmKkMKB
Days on Market 84
Standard Status Active
Legal Description SECTION 01 TOWNSHIP 2S RANGE 1E QUARTER BD TAX LOT 01202
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Interior
Basement CrawlSpace
Storage IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Street Suffix RD
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 10.0
Exterior Description T111Siding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 5400.0
Road Surface Type Paved
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Internal Only
Street Number 1 13211
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* Excluded Features
List By
Re/Max Advantage Group

Broker

amanda@pnwcommercialre.com

Email

Affordability Calculator

$11,471
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,827
Monthly Property Taxes
$643
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949065 Elementary School
1948946 Middle School
Putnam High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2024$1,550,000 Listed Price

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13211 SE OATFIELD RD, Milwaukie, OR, 97222 is a Multi-Family Home for sale at $1,550,000 with 5,400 sqft. 13211 SE OATFIELD RD has 6 bedrooms, 6.0 baths, and was built in 1971. The property's zip code is 97222 which is in Milwaukie, OR