15648 NE MILTON PL Portland, OR $ 550,000
15648 NE MILTON PL
$ 550,000
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15648 NE MILTON PL

Portland, OR, 97230
$ 550,000
Bedrooms6 Baths6.0 Sq 2,552

Monthly Estimate*

$ 3,431

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Multi-Family Home for sale in Portland, OR

for $550,000 with 6 bedrooms and 6 full baths. This 2,552 square foot home was built in 2000 on a lot size of 0.14.

This well-designed duplex offers two spacious units, each with 3 bedrooms and 2.5 baths. With generous layouts and thoughtful details, it’s a perfect fit for both investors and owner-occupants. Each home’s main level offers a bright, open living area with a cozy gas fireplace, half bath, and a spacious kitchen with endless storage and dining area ready for gatherings. Sliding doors open to the yard, creating easy indoor-outdoor living. Upstairs, you’ll find three bedrooms, including a primary with its own ensuite bath. A second full bathroom serves the additional bedrooms, while laundry is conveniently located on the same level. A detached garage provides parking and storage for both units, with additional driveway space for convenience. With established long-term tenants, steady income, and room for future rent growth, this property offers both stability and upside potential, a smart, well-rounded investment opportunity for those looking to expand or diversify their rental portfolio. With a 4.74% cap rate, this duplex combines comfort, flexibility, and solid investment performance—ideal for expanding your rental portfolio or living in one unit while renting the other.

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Multi-Family Active

Price

$ 550,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 7,399

Style

Lot Size

0.14

Year Built

2000

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

623470698

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Zoning RM1
Garage Spaces 2.0
Year Built 2000
Stories Count 2
Tax Year 2024
Parcel Number R255939
Gross Income 42955.0
County Multnomah
Net Operating Income 27736.0
Operating Expense 15008.0
Property Type MultiFamily
HOA N
Subdivision Name WILKES
Rent Includes TrashCollection
Status Active
Directions Sandy Blvd to 156th to Milton
High School Reynolds
City Portland
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 6098.0
Listing Terms Cash Conventional
Elementary School Margaret Scott
Tax Annual Amount 7399.29
Middle/Junior High School H.B. Lee
Property Condition Approximately
Virtual Tour https://boone-brothers-media.aryeo.com/videos/019abd4a-6b78-72af-940d-abdf52c0b65d
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description RIVER VIEW VILLAGE LOT 55 UND INT TRACTS A&B&C
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Gas
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit 2 Baths Total 3
Unit 2 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features GentleSloping Seasonal
Water Source PublicWater
Total Parking 4.0
Exterior Description LapSiding VinylSiding
Building Area Total 2552.0
Lot Size Acres 0.14
Road Surface Type Paved
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Internal Only
Street Number 1 15648
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* Excluded Features
List By
Living Room Realty

Broker

jenniferobrien@livingroomre.com

Email

Affordability Calculator

$4,048
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$617
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
1950016 Elementary School
1950965 Middle School
Reynolds High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2025$550,000 -1.79% Price Down
10/14/2025$560,000 -4.27% Price Down
9/19/2025$585,000 Listed Price

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15648 NE MILTON PL, Portland, OR, 97230 is a Multi-Family Home for sale at $550,000 with 2,552 sqft and a lot size of 0.14. 15648 NE MILTON PL has 6 bedrooms, 6.0 baths, and was built in 2000. The property's zip code is 97230 which is in Portland, OR