15648 NE Milton Pl

Portland, OR 97230

$550,000
Price
—
Beds
—
Baths
2,552 Sq. Ft.
$216 / Sq. Ft.
2,552
Sq. Ft.
$216
per Sq. Ft.
a car parked in front of a white house
a view of a house with a yard
a house view with a garden space
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a kitchen with stainless steel appliances granite countertop a refrigerator sink and cabinets
a view of kitchen and utility room with washer and dryer
a kitchen with stainless steel appliances granite countertop a sink and a cabinets
a kitchen with a sink stove and cabinets
a view of an empty room with a fireplace and a window
a view of a kitchen with a sink and a fireplace
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an empty room with windows and fireplace
a view of an empty room with a fireplace and a window
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a bathroom with a sink a toilet and shower
an empty room with windows
a bathroom with a sink a toilet and shower
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unknown
a bathroom with a sink a toilet and shower
a utility room with dryer and washer
a view of a bathroom with a sink and a closet
a view of a hallway with wooden floor and closet
a view of an empty room with window
a view of an empty room
a view of an empty room
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a bathroom with a sink a toilet and shower
a bathroom with a sink a toilet a mirror and shower
a view of an empty room with window and air conditioner
a view of an empty room
a view of an empty room with a window
a view of an empty room

Description

This well-designed duplex offers two spacious units, each with 3 bedrooms and 2.5 baths. With generous layouts and thoughtful details, it’s a perfect fit for both investors and owner-occupants. Each home’s main level offers a bright, open living area with a cozy gas fireplace, half bath, and a spacious kitchen with endless storage and dining area ready for gatherings. Sliding doors open to the yard, creating easy indoor-outdoor living. Upstairs, you’ll find three bedrooms, including a primary with...This well-designed duplex offers two spacious units, each with 3 bedrooms and 2.5 baths. With generous layouts and thoughtful details, it’s a perfect fit for both investors and owner-occupants. Each home’s main level offers a bright, open living area with a cozy gas fireplace, half bath, and a spacious kitchen with endless storage and dining area ready for gatherings. Sliding doors open to the yard, creating easy indoor-outdoor living. Upstairs, you’ll find three bedrooms, including a primary with its own ensuite bath. A second full bathroom serves the additional bedrooms, while laundry is conveniently located on the same level. A detached garage provides parking and storage for both units, with additional driveway space for convenience. With established long-term tenants, steady income, and room for future rent growth, this property offers both stability and upside potential, a smart, well-rounded investment opportunity for those looking to expand or diversify their rental portfolio. With a 4.74% cap rate, this duplex combines comfort, flexibility, and solid investment performance—ideal for expanding your rental portfolio or living in one unit while renting the other.

Property Details for 15648 Northeast Milton Place

Subdivision
WILKES
Parking Features
Driveway, Garage
Zoning
RM1
View
Trees Woods
Garage Spaces
2.00
Parking Total
4.00
LISTING UPDATED: 12/06/2025 01:34 PM

Property Details for 15648 Northeast Milton Place

StatusActive
MLS #623470698
Days on Market87
Taxes$7,399 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2000
Lot Size0.14 AC / 6,098 SF
CountyMultnomah County

Location

Listing Courtesy of Living Room Realty
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Building Information for 15648 Northeast Milton Place

Stories2Residences2Year Built2000Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$3,334 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,718

Property Taxes

$617

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15648 Northeast Milton Place

Summary
Location and General Information
  • Country: US
  • Directions: Sandy Blvd to 156th to Milton
  • Road Surface: Paved
School Information
  • Elementary School: Margaret Scott
  • High School: Reynolds
  • Middle Or Junior School: H.B. Lee
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $7,399.29
  • Parcel Number: R255939
  • Tax Legal Description: RIVER VIEW VILLAGE, LOT 55, UND INT TRACTS A&B&C
Property
Lot Information
  • Acres: 0.14
  • Lot Description: Gentle Sloping, Seasonal
  • Lot Size Square Feet: 6098.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 2000
Utilities
  • Cooling Description: None
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, Vinyl Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $42,955.00
  • Gross Rent Multiplier: $12.80
  • Investor Information: According To Owner, Profit Loss Statement, Rent Records
  • Net Income Actual: $27,736.00
  • Operating Expense: $15,008.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2552
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Baths Decimal: 2.10
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Fireplace, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $2,205
  • Unit Type 1 SqFt: 1226.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Baths Decimal: 2.10
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Dishwasher, Fireplace, Refrigerator
  • Unit Type 2 Rent: $1,533
  • Unit Type 2 SqFt: 1226.0
  • Unit Type 2 Units Total: 1

Property History for 15648 Northeast Milton Place

DateEvent & SourcePriceAppreciation
Jul 15, 2015

Sold (Public Record)

Public Record #552101801

$310,000

+2.0% / yr

Nov 1, 2004

Sold (Public Record)

Public Record #148405761

$251,500—
DateEvent & SourcePrice
07/15/2015

Sold (Public Record)

Public Record #552101801

$310,000

+2.0% / yr

11/01/2004

Sold (Public Record)

Public Record #148405761

$251,500

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

Public Records for 15648 Northeast Milton Place

Taxable ValueLand-Additions-Total-
Tax Record2024$7,024 ($585 / month)
Home Facts
Baths5Total Finished SqFt2,552 SqFtAbove Grade Finished SqFt2,552 SqFtStories2Lot Size6,000 SqFtStyleDuplexYear Built2000ZoningR3CountyMULTNOMAHAPN1N2E24DC 00353Fireplace TypeHas Fireplace

Schools near 15648 Northeast Milton Place

This home is within Reynolds School District 7.
Rating
School
Type
Grades
Distance
Margaret Scott Elementary School
Public - K to 5
Hauton B Lee Middle School
Public - 6 to 8
Reynolds High School
Public - 9 to 12
Holla School
Charter - K to 2
Rating
School
Distance
Margaret Scott Elementary School
PublicK to 5

Hauton B Lee Middle School
Public6 to 8

Reynolds High School
Public9 to 12

Holla School
CharterK to 2

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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More information about 15648 Northeast Milton Place, Portland, OR 97230

15648 Northeast Milton Place is a multi-family home for sale in Portland, OR 97230. This property was listed for sale on September 19, 2025 by Living Room Realty, it's currently listed at $550,000. It has been on the market for a total of 87 days and was last sold on July 15, 2015. This listing's school district is Reynolds School District 7. Nearby schools include Margaret Scott Elementary School, Hauton B Lee Middle School and Reynolds High School. 15648 Northeast Milton Place is a 0-bed, 0-bath, 2,552 sqft multi-family home built in 2000.

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 Living Room Realty

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 © 2025 RMLS, Portland, Oregon. Last updated: 12/06/2025 01:34 PM