5411 SE THIESSEN RD Milwaukie, OR $ 625,000
5411 SE THIESSEN RD
$ 625,000
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5411 SE THIESSEN RD

Milwaukie, OR, 97267
$ 625,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 4,317

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Multi-Family Home for sale in Milwaukie, OR

for $625,000 with 4 bedrooms and 2 full baths. This home was built in 1946.

Why choose between buying a home and beginning your investment journey when you can explore the possibilities of both? This inviting duplex offers a unique opportunity to move into the vacant 1-bedroom, 1-bath unit while the 3-bedroom, 1-bath unit is currently tenant-occupied. The 1-bedroom unit comes fully furnished and features a new mini-split system, making it comfortable, convenient, and truly move-in ready. Both units offer light-filled interiors, a clean and welcoming feel, and thoughtful updates throughout. Outside, the large lot provides plenty of room to enjoy, while the two-car garage offers valuable space for parking, storage, or a workshop. Whether you're looking for a home or an investment, this versatile property offers flexibility, existing tenancy, and strong future potential.

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Multi-Family Active

Price

$ 625,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,442

Style

Year Built

1946

Town/City

Milwaukie

County/Region

Clackamas

MLS | Web ID

482360584

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling MiniSplit
Roof Composition
Zoning R10
Garage Spaces 2.0
Security Features Unknown
Year Built 1946
Stories Count 2
Tax Year 2025
Parcel Number 00445593
Gross Income 25800.0
County Clackamas
Net Operating Income 25800.0
Operating Expense 4442.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Oatfield RD to ThIessen RD
High School Putnam
City Milwaukie
Disclosures Disclosure
Number Of Units Total 2
MLS Area _145
Listing Terms Cash Conventional FHA Other VALoan
Elementary School View Acres
Tax Annual Amount 4442.22
Middle/Junior High School Alder Creek
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 374 ALDER CREST ACRES PT LTS 1&2 BLK 1
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Interior
Basement CrawlSpace
Storage Garage None
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway OffSite
Lot Features Level Private
Water Source PublicWater
Total Parking 2.0
Exterior Description CementSiding
Foundation Details ConcretePerimeter
Road Surface Type Paved
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Internal Only
Street Number 1 5411
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* Excluded Features
List By
Exp Realty, Llc

Broker

503-881-2815

Contact

Affordability Calculator

$4,687
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,317
Monthly Property Taxes
$370
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1948895 Elementary School
1948946 Middle School
Putnam High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$625,000 Listed Price

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5411 SE THIESSEN RD, Milwaukie, OR, 97267 is a Multi-Family Home for sale at $625,000. 5411 SE THIESSEN RD has 4 bedrooms, 2.0 baths, and was built in 1946. The property's zip code is 97267 which is in Milwaukie, OR