$1,320,000

15026 SE Arista Dr Milwaukie, OR 97267

Estimated payment $7,823/month

Total Views 9,543
3 Beds
2 Baths
5,875 Sq Ft
$225 Price per Sq Ft

Highlights

  • 0.76 Acre Lot
  • Storage
  • Green Certified Home
  • No HOA
  • Baseboard Heating
  • Laundry Facilities

About This Home

Presenting a prime investment opportunity in the desirable Oak Grove neighborhood. This one-story eight plex sits on a large lot with expansion potential. The property includes five 1-bedroom / 1 bath units and three 2-bedroom / 1 bathroom units, each equipped with a refrigerator and range. The building boasts a newer roof, on site laundry, and extra storage. With great tenants and well maintained grounds, this property ensures steady rental income. Currently, one unit is vacant and offers the possibility to live on-site. This is a fantastic chance to invest in a thriving community! [Home Energy Score = 7. HES Report at

Listing Agent

Jeff Yarbor

Keller Williams Sunset Corridor License #861000008 Listed on: 02/11/2025

Keller Williams Sunset Corridor

Co-Listing Agent

Benjamin Ficker

Keller Williams Sunset Corridor License #200412166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,138

Year Built

  • Built in 1942

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 5,875 Sq Ft Home
  • 1-Story Property
  • Storage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 20 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Oak Grove Elementary School
  • Alder Creek Middle School
  • Putnam High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Green Certified Home
  • 0.76 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 00284980

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Oak Grove Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $41,154
  • Gross Income $119,570
  • Net Operating Income $78,416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,138

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1942
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Locked
  • Total Bedrooms: 3
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: Slab
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No
  • Total Parking Spaces: 20.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: Unknown
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry
  • Association: No

Schools

  • Elementary School: Oak Grove
  • High School: Putnam
  • Middle Or Junior School: Alder Creek

Lot Info

  • Zoning: R-7
  • Lot Size Acres: 0.76
  • Lot Size Sq Ft: 33105.0
  • Parcel #: 00284980
  • Assessor Parcel Number 2: 00284944

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6138.34

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 11.04
  • Annual Gross Income: 119570.0
  • Property Net Operating Income: 78416.0
  • Annual Operating Expense: 41154.0

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

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 For Sale $1,320,000 -- $225 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 253027731

Regional Multiple Listing Service (RMLS)

APN: 21E12BC06300

Oregon Clackamas County Milwaukie 97267

15026 SE Arista Dr, Milwaukie, OR

This home is located at 15026 SE Arista Dr, Milwaukie, OR 97267 and is currently priced at $1,320,000, approximately $224 per square foot. This property was built in 1942. 15026 SE Arista Dr is a home located in Clackamas County with nearby schools including Oak Grove Elementary School, Alder Creek Middle School, and Rex Putnam High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Jeff Yarbor
Listing Agent
Jeff Yarbor
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Keller Williams Sunset Corridor
(971) 459-8730