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2507 SE MONROE ST Milwaukie, OR $ 1,568,000
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2507 SE MONROE ST
$ 1,568,000
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2507 SE MONROE ST

Milwaukie, OR, 97222
$ 1,568,000
Bedrooms15 Baths9.0 Sq 6,000

Monthly Estimate*

$ 9,654

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Multi-Family Home for sale in Milwaukie, OR

for $1,568,000 with 15 bedrooms and 9 full baths. This 6,000 square foot home was built in 1963 on a lot size of 0.28.

Great location! Value-added 8-Unit apartment building in the heart of Milwaukie, just around the corner from largest Waldorf school in the State and one block from Milwaukie High School, near the waterfront and restaurants. 6 units out of 8 have been remodeled/updated during 2021-2023. Total 8 unit at one level: 1 unit has 2B/1.1B, 6 units are 2B/1B, 1 unit has 1B/1B. Low maintenance, brick siding, newer roof and newer kitchen appliances! New electric panels in all units! fully rented! Cap rate at 5.93%! Turn-key opportunity to expand your real estate portfolio!

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Multi-Family Active

Price

$ 1,568,000

Bedrooms

15

Full Bath

9

Property Type

Multi-Family

Taxes

$ 10,291

Style

Lot Size

0.28

Year Built

1963

Town/City

Milwaukie

County/Region

Clackamas

MLS | Web ID

319345699
Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning R1B
Year Built 1963
Stories Count 1
Tax Year 2025
Parcel Number 00026741
Gross Income 133016.0
Community Features FrontYardLandscaping
County Clackamas
Net Operating Income 92953.0
Operating Expense 43360.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds TrashCollection
Status Active
Directions SE 25th Ave & Monroe st
High School Milwaukie
City Milwaukie
Disclosures Disclosure
Number Of Units Total 8
MLS Area _145
Lot Size Square Feet 12196.0
Listing Terms Cash Conventional
Elementary School Other
Tax Annual Amount 10291.42
Middle/Junior High School Rowe
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 36 TOWNSHIP 1S RANGE 1E QUARTER BB TAX LOT 00800
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Interior
Basement CrawlSpace
Storage Attached
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit 5 Beds Total 2
Unit 6 Beds Total 2
Unit 7 Beds Total 1
Unit 8 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8
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Exterior
Parking Features OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 12.0
Exterior Description Brick
Foundation Details ConcretePerimeter
Building Area Total 6000.0
Lot Dimensions 12197
Lot Size Acres 0.28
Road Surface Type Paved
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Internal Only
Street Number 1 2507
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* Excluded Features
List By
Brantley Christianson Real Estate

Broker

jane@brantleychristianson.com

Email

Affordability Calculator

$10,512
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,654
Monthly Property Taxes
$858
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5391471 Elementary School
1949208 Middle School
Milwaukie High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/7/2026$1,568,000 Listed Price

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2507 SE MONROE ST, Milwaukie, OR, 97222 is a Multi-Family Home for sale at $1,568,000 with 6,000 sqft and a lot size of 0.28. 2507 SE MONROE ST has 15 bedrooms, 9.0 baths, and was built in 1963. The property's zip code is 97222 which is in Milwaukie, OR

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