13211 Se Oatfield Rd, Milwaukie, OR

$1,550,000

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5,400

Square feet

About 13211 Se Oatfield Rd

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.

Features of 13211 Se Oatfield Rd

MLS® # 24450095
Price $1,550,000
Units 6
Square Footage 5,400
Year Built 1971
Type Multi Family
Status Active

Community Information

Address 13211 Se Oatfield Rd
Area 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
City Milwaukie
County Clackamas
State OR
Zip Code 97222

Interior

Heating Wall Heater, Zoned
Fireplace No
# of Stories 2
Basement Crawl Space

Exterior

Exterior T-111 Siding, Wood Siding
Lot Description Level
Roof Composition
Foundation Concrete Perimeter

School Information

Elementary Oak Grove
Middle Alder Creek
High Putnam

Additional Information

Date Listed February 5th, 2024
Days on Market 83
Zoning MR1
Short Sale No
RE / Bank Owned No
Cap Rate 5.96

Unit 1 Details

Beds 2
Baths 2
Rent $1,650
Features Dishwasher, Disposal, Microwave, WasherDryer

Unit 2 Details

Beds 2
Baths 2
Rent $1,700

Unit 3 Details

Beds 2
Baths 2
Rent $1,697

Listing Details

OfficeRE/MAX Advantage Group

Listing Map

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