2507 SE MONROE ST, Milwaukie, OR 97222
2507 SE MONROE ST, Milwaukie, OR 97222
2507 SE MONROE ST, Milwaukie, OR 97222
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Listed by Brantley Christianson Real Estate • 503-616-8122
$1,500,000
Est. payment /mo
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6,000 SqFt
Price Dropped by $68K

2507 SE MONROE ST Milwaukie, OR 97222

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Suzanne Clark Cambray

Suzanne Clark Cambray

+1(503) 806-9332

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $250

MLS Listing ID 319345699

HOA Y/N No

Year Built 1963

Annual Tax Amount $10,291

Tax Year 2025

Lot Size 0.280 Acres

Property Description

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!

Location

State OR

County Clackamas

Community Frontyardlandscaping

Area _145

Zoning R1B

Rooms

Basement Crawl Space

Interior

Heating Baseboard

Exterior

Community Features FrontYardLandscaping

View Territorial

Roof Type Composition

Garage No

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Other

Middle Schools Rowe

High Schools Milwaukie

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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Suzanne Clark Cambray

Suzanne Clark Cambray

Your Trusted Advisor, Licensed Principal Broker in OR & NY License ID: 200608182

+1(503) 806-9332

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2507 SE MONROE ST