13207 Southeast Oatfield Road

Milwaukie, OR 97222

$550,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare turn-key investment opportunity located at the end of the Milwaukie MAX line. This fully leased-up duplex investment features meticulously renovated 2BD/1.5 BA apartments. The property comprises of one 2-story duplex buildings on its own lot. This property is ideally situated in Milwaukie between two main arteries, Oatfield Road and McLoughlin Blvd. The remodeled units showcase updated kitchens with new cabinets, countertops, fixtures, hardware, and stainless-steel appliances. Bathrooms have...Rare turn-key investment opportunity located at the end of the Milwaukie MAX line. This fully leased-up duplex investment features meticulously renovated 2BD/1.5 BA apartments. The property comprises of one 2-story duplex buildings on its own lot. This property is ideally situated in Milwaukie between two main arteries, Oatfield Road and McLoughlin Blvd. The remodeled units showcase updated kitchens with new cabinets, countertops, fixtures, hardware, and stainless-steel appliances. Bathrooms have been modernized with new vanities, flooring, toilets, and fixtures. The remodeled units boast new laminate flooring, carpets in bedrooms, light fixtures, in-wall heaters, outlets, doors, hardware, and fresh paint. Each unit includes a primary suite with an attached half bath, a new washer & dryer located in the hallway, and an attached exterior storage unit. The property offers ample off-street parking, semi-private large yard space for lower units, and a beautiful new large deck for the upper unit. Exterior enhancements feature new fences, decks, double-paned vinyl windows, newer roofs, and exterior paint. With a residential feel and high-income potential, the updated duplex provides a low-maintenance investment for the discerning buyer.
  1. Listed by Amanda Rose • RE/MAX Advantage Group

Property Details for 13207 Southeast Oatfield Road

Parking Features
Off Street, Paved
Zoning
MR1
Parking Total
4.00
LISTING UPDATED: 09/17/2024 09:17 AM

Property Details for 13207 Southeast Oatfield Road

StatusActive
MLS #24169069
Days on Market61
Taxes$2,566 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1971
Lot Size0.23 AC / 10,018 SF
CountyClackamas County

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Building Information for 13207 Southeast Oatfield Road

Stories2Residences2Year Built1971Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 13207 Southeast Oatfield Road

Summary
Location and General Information
  • Country: US
  • Directions: W on Mc Louglin Blvd, R on SE Silver Springs Road
  • Road Surface: Paved
School Information
  • Elementary School: Oak Grove
  • High School: Putnam
  • Middle Or Junior School: Alder Creek
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $2,565.68
  • Parcel Number: 00170861
  • Tax Legal Description: SECTION 01 TOWNSHIP 2S RANGE 1E QUARTER BD TAX LOT 01202
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Property
Lot Information
  • Acres: 0.23
  • Lot Description: Level
  • Lot Size Square Feet: 10018.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1971
Utilities
  • Fuel Description: Electricity
  • Heating Description: Wall Heater, Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $41,328.00
  • Gross Rent Multiplier: $13.31
  • Investor Information: According To Owner, Leases, Profit Loss Statement
  • Net Income Actual: $33,200.00
  • Operating Expense: $8,128.00
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Disposal, Storage, Washer Dryer
  • Unit Type 1 Rent: $1,794
  • Unit Type 1 SqFt: 900.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Disposal, Storage, Washer Dryer
  • Unit Type 2 Rent: $1,650
  • Unit Type 2 SqFt: 900.0
  • Unit Type 2 Units Total: 1

Property History for 13207 Southeast Oatfield Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13207 Southeast Oatfield Road

Taxable ValueLand-Additions-Total-
Tax Record2023$2,566 ($214 / month)
Home Facts
Lot Size10,019 SqFtStyleMulti-Family Dwelling (2-4)Year Built1971ZoningMR1CountyCLACKAMASAPN21E01BD01202

Schools near 13207 Southeast Oatfield Road

This home is within North Clackamas School District 12.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Oak Grove Elementary School
PublicK to 5

Alder Creek Middle School
Public6 to 8

Putnam High School
Public9 to 12

New Urban High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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13207 Southeast Oatfield Road is a multi-family home for sale in Milwaukie, OR 97222. This property was listed for sale on September 17, 2024 by RE/MAX Advantage Group, it's currently listed at $550,000. It has been on the market for a total of 61 days and was last sold on October 10, 2021. This listing's school district is North Clackamas School District 12. Nearby schools include Oak Grove Elementary School, Alder Creek Middle School and Putnam High School. 13207 Southeast Oatfield Road is a 0-bed, 0-bath, multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Advantage Group

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 09/17/2024 09:17 AM