13211 Southeast Oatfield Road

Milwaukie, OR 97222

$1,550,000
Price
Beds
5,400 Sq. Ft.
$287 / Sq. Ft.
5,400
Sq. Ft.
$287
per Sq. Ft.

Description

Rare turn-key investment opportunity located at the end of the Milwaukie MAX line. This fully leased-up 6-unit investment features meticulously renovated 2BD/1.5 BA apartments. The property comprises three separate 2-story duplex buildings on two tax lots, 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...Rare turn-key investment opportunity located at the end of the Milwaukie MAX line. This fully leased-up 6-unit investment features meticulously renovated 2BD/1.5 BA apartments. The property comprises three separate 2-story duplex buildings on two tax lots, 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 remaining 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 beautiful new large decks for the upper units. 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 6-Plex ensures a low-maintenance investment for the discerning buyer.
  1. Listed by Amanda Rose • RE/MAX Advantage Group

Property Details for 13211 Southeast Oatfield Road

Parking Features
Off Street
Zoning
MR1
Parking Total
10.00

Location

Listing Courtesy of RE/MAX Advantage Group
Add your commute
LISTING UPDATED: 03/25/2024 08:41 AM

Property Details for 13211 Southeast Oatfield Road

StatusActive
MLS #24450095
Days on Market84
Taxes$7,721 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1971
Lot Size-
CountyClackamas County

Location

Listing Courtesy of RE/MAX Advantage Group
Add your commute

Virtual Tour

Building Information for 13211 Southeast Oatfield Road

Stories2Residences6Year Built1971Building Size-Lot Size-

Payment Calculator

$9,102 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$643

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13211 Southeast Oatfield Road

Summary
Location and General Information
  • Country: US
  • Directions: 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: $7,721.00
  • Parcel Number: 00170861, 00170852
  • Parcel Number 2: 00170852
  • Tax Legal Description: SECTION 01 TOWNSHIP 2S RANGE 1E QUARTER BD TAX LOT 01202
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 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: Sewer, Trash Collection, Water
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: 6
  • Gross Income Actual: $119,964.00
  • Gross Rent Multiplier: $12.92
  • Investor Information: According To Owner, Rent Records
  • Net Income Actual: $92,344.00
  • Operating Expense: $27,620.00
  • Security Features: Security Lights
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • Common Amenities: Commons, Front Yard Landscaping
  • SqFt Approximate Building Total: 5400
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Disposal, Microwave, Washer Dryer
  • Unit Type 1 Rent: $1,650
  • Unit Type 1 SqFt: 709.0
  • Unit Type 1 Units Total: 4
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $1,700
  • Unit Type 2 SqFt: 709.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Rent: $1,697
  • Unit Type 3 SqFt: 709.0
  • Unit Type 3 Units Total: 1

Public Records for 13211 Southeast Oatfield Road

Taxable ValueLand-Additions-Total-
Tax Record2023$5,088 ($424 / month)
Home Facts
Lot Size10,019 SqFtStyleMulti-Family Dwelling (2-4)Year Built1971ZoningMR1CountyCLACKAMASAPN21E01BD01201

Schools near 13211 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

Milwaukie Eschool
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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

13211 Southeast Oatfield Road is a multi-family home for sale in Milwaukie, OR 97222. This property was listed for sale on February 5, 2024 by RE/MAX Advantage Group, it's currently listed at $1,550,000. 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. 13211 Southeast Oatfield Road is a 0-bed, 0-bath, 5,400 sqft 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. 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: 03/25/2024 08:41 AM