$549,900
PENDING

Estimated payment $3,422/month

Total Views 3,343
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Zoned Heating
  • 1-Story Property
  • No HOA
  • 2 Car Garage

About This Home

Great investment property! 2 Units on large .25 acres, fenced, corner lot. Both units have 2 bedrooms/1 bathroom, plus garage and driveway parking! Newer roof and exterior paint. Back unit has been updated: Luxury Vinyl plank flooring throughout unit, new range, dishwasher and refrigerator! Schools: Linwood elementary, Rowe Middle School, and Milwaukie High School. You won't want to miss this opportunity!

Listing Agent

Nancy Rasmussen

RE/MAX Equity Group License #200304040 Listed on: 06/13/2025

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,047

Year Built

  • Built in 1976

Lot Details

  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Linwood Elementary School
  • Rowe Middle School
  • Milwaukie High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00098450

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $12,740
  • Gross Income $28,025
  • Net Operating Income $15,285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,047

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1976
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 4
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Linwood
  • High School: Milwaukie
  • Middle Or Junior School: Rowe

Lot Info

  • Zoning: Duplex
  • Parcel #: 00098450

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6047.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 19.62
  • Annual Gross Income: 28025.0
  • Property Net Operating Income: 15285.0
  • Annual Operating Expense: 12740.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,234 $276,500 $0 $0
2022 $5,757 $268,447 $0 $0
2021 $5,555 $260,629 $0 $0
2020 $5,382 $253,038 $0 $0
2019 $5,302 $245,668 $0 $0
2018 $4,715 $238,513 $0 $0
2017 $4,580 $231,566 $0 $0
2016 $4,426 $224,821 $0 $0
2015 $4,215 $218,273 $0 $0
2014 $3,997 $211,916 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $549,900 -- --
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $164,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $50,500 Commercial
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 687382309

Regional Multiple Listing Service (RMLS)

APN: 00098450