2915 Southeast Monroe Street

Milwaukie, OR 97222

$695,000
Price
Beds
3,336 Sq. Ft.
$208 / Sq. Ft.
3,336
Sq. Ft.
$208
per Sq. Ft.

Description

Opportunities abound for potential addition via full daylight basements,detached 2-car garages, and a large city lot. It features new energy-efficient windows, a newer roof, updated electrical panels, new energy-efficient electric wall heaters, and LED lighting fixtures throughout. Hardwood floors and tasteful built-ins enhance the charm throughout the property. There's a spacious full basement equipped with a full-size washer, dryer, and utility sink basin. Additionally, the property includes a...Opportunities abound for potential addition via full daylight basements,detached 2-car garages, and a large city lot. It features new energy-efficient windows, a newer roof, updated electrical panels, new energy-efficient electric wall heaters, and LED lighting fixtures throughout. Hardwood floors and tasteful built-ins enhance the charm throughout the property. There's a spacious full basement equipped with a full-size washer, dryer, and utility sink basin. Additionally, the property includes a detached double garage, one for each unit, and ample off-street parking. The units themselves are light, bright, and sunny with rear doors to a private backyard. The location is exceptional, situated just 4 blocks from downtown Milwaukie, 3 blocks from the MAX transit station, and 2 blocks from the new New Seasons Market shopping complex. Both units are fully occupied by tenants at premium rents and we kindly request not to disturb them (DND). Please view the video tour.
  1. Listed by Greg Messick • RealtyNET, LLC

Property Details for 2915 Southeast Monroe Street

Parking Features
Detached, Garage
Zoning
Mult
Garage Spaces
2.00
Parking Total
2.00

Location

Listing Courtesy of RealtyNET, LLC
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LISTING UPDATED: 04/23/2024 03:16 PM

Property Details for 2915 Southeast Monroe Street

StatusActive
MLS #24155807
Days on Market49
Taxes$5,938 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1954
Lot Size0.19 AC / 8,276 SF
CountyClackamas County

Location

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Building Information for 2915 Southeast Monroe Street

Stories2Residences2Year Built1954Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$4,288 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,793

Property Taxes

$495

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2915 Southeast Monroe Street

Summary
Location and General Information
  • Country: US
  • Directions: SE 29th
  • Road Surface: Paved
School Information
  • Elementary School: Milwaukie
  • High School: Milwaukie
  • Middle Or Junior School: Rowe
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $5,937.57
  • Parcel Number: 00025895
  • Tax Legal Description: SECTION 36 TOWNSHIP 1S RANGE 1E QUARTER BA TAX LOT 00701
Property
Lot Information
  • Acres: 0.19
  • Lot Description: Level
  • Lot Size Square Feet: 8276.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1954
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Wall Furnace
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Other
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $41,760.00
  • Gross Income Projected: $44,000.00
  • Gross Rent Multiplier: $16.64
  • Investor Information: Incomplete
  • Net Income Actual: $29,323.00
  • Net Income Projected: 31000
  • Operating Expenses Projected: $13,000.00
  • Operating Expense: $12,437.00
  • Security Features: Sidewalk
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 3336
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Hardwood Floors, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,695
  • Unit Type 1 SqFt: 1668.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Hardwood Floors, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,795
  • Unit Type 2 SqFt: 1668.0
  • Unit Type 2 Units Total: 1

Property History for 2915 Southeast Monroe Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2915 Southeast Monroe Street

Taxable ValueLand-Additions-Total-
Tax Record2023$5,938 ($495 / month)
Home Facts
Baths2Total Finished SqFt3,336 SqFtAbove Grade Finished SqFt3,336 SqFtLot Size8,276 SqFtStyleDuplexYear Built1954ZoningR2CountyCLACKAMASAPN11E36BA00701

Schools near 2915 Southeast Monroe Street

This home is within North Clackamas School District 12.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Cascade Heights Public Charter School
CharterK to 8

Rowe Middle School
Public6 to 8

Milwaukie High School
Public9 to 12

Clackamas Web Academy
CharterK 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

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2915 Southeast Monroe Street is a multi-family home for sale in Milwaukie, OR 97222. This property was listed for sale on March 12, 2024 by RealtyNET, LLC, it's currently listed at $695,000. It has been on the market for a total of 49 days and was last sold on March 7, 2016. This listing's school district is North Clackamas School District 12. Nearby schools include Cascade Heights Public Charter School, Rowe Middle School and Milwaukie High School. 2915 Southeast Monroe Street is a 0-bed, 0-bath, 3,336 sqft multi-family home built in 1954.

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 RealtyNET, LLC

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: 04/23/2024 03:16 PM