16656 SE MOON AVE Milwaukie, OR $ 675,000
16656 SE MOON AVE
$ 675,000
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16656 SE MOON AVE

Milwaukie, OR, 97267
$ 675,000
Bedrooms6 Baths3.0 Sq 2,700

Monthly Estimate*

$ 4,262

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Multi-Family Home for sale in Milwaukie, OR

for $675,000 with 6 bedrooms and 3 full baths. This 2,700 square foot home was built in 1963.

Exciting opportunity to own a charming side-by-side triplex in the Oak Grove area of Milwaukie. This well-positioned multifamily property offers three spacious 2-bedroom/1-bath units, each with a comfortable and functional layout designed for everyday living.Each unit features an open-concept living, dining, and kitchen area that flows seamlessly together, creating a welcoming and practical space. The dining area opens through a sliding glass door to a private fenced patio, offering each unit its own outdoor area for fresh air, morning coffee, or relaxing at the end of the day.The bedrooms are generously sized with carpeting and closet space, and the property also offers off-street parking and shared on-site laundry for added convenience.Located near Milwaukie amenities, shopping, services, and major transportation routes, this property offers strong rental appeal in a convenient Oak Grove location. With consistent 2-bedroom/1-bath layouts, private outdoor spaces, and full occupancy, this triplex presents an excellent opportunity for an investor seeking an income-producing multifamily property with long-term potential.Buyer to perform their own due diligence and verify all rents, lease terms, expenses, taxes, square footage, zoning, condition, financing, and future rent increase potential.

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Multi-Family Active

Price

$ 675,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,722

Style

Year Built

1963

Town/City

Milwaukie

County/Region

Clackamas

MLS | Web ID

765763162

Features
General
Sewer PublicSewer
Heating WallHeater Zoned
Cooling None
Roof Composition
Zoning MR1
Garage Spaces 0
Security Features SecurityLights Sidewalk
Year Built 1963
Stories Count 1
Tax Year 2025
Parcel Number 00454378
Gross Income 52489.0
Community Features FrontYardLandscaping Laundry
County Clackamas
Net Operating Income 24506.0
Operating Expense 27983.0
Property Type MultiFamily
HOA N
Subdivision Name Oak Grove
Rent Includes MaintenanceGrounds
Status Active
Directions Off of SE McLoughlin Blvd and SE Naef Road
High School Putnam
City Milwaukie
Disclosures Disclosure
Number Of Units Total 3
MLS Area _145
Listing Terms Cash Conventional
Elementary School Riverside
Tax Annual Amount 4722.77
Middle/Junior High School Alder Creek
Property Condition UpdatedRemodeled
Virtual Tour https://my.matterport.com/show/?m=eWMj9Nm7Mp6&mls=1
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 1024 ROLEHEIGHTS LT 6 BLK 3
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Interior
Basement CrawlSpace
Storage IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
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 Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Assigned OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 6.0
Exterior Description Cedar
Building Area Total 2700.0
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Internal Only
Street Number 1 16656
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* Excluded Features
List By
The Alpine Group, Inc.

Broker

sbates@alpinepdx.com

Email

Affordability Calculator

$4,656
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,262
Monthly Property Taxes
$394
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
1950937 Elementary School
1948946 Middle School
Putnam High School High School
Pricing History
DatePricePrice ChangeDescription
6/27/2026$675,000 Listed Price

Map


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16656 SE MOON AVE, Milwaukie, OR, 97267 is a Multi-Family Home for sale at $675,000 with 2,700 sqft. 16656 SE MOON AVE has 6 bedrooms, 3.0 baths, and was built in 1963. The property's zip code is 97267 which is in Milwaukie, OR