MLS# 24124431 – 10643 Se 29th Ave, Milwaukie, OR 97222 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Urban Nest Realty.

Property Description

Description

2 Units

Status: Active

Year Built: 1905

Neighborhood: Downtown Milwaukie

Days on Website: 170

Charming Duplex in Prime Milwaukie Location, blocks to the farmers market, the gorgeous library and all that downtown Milwaukie has to offer! This property offers an excellent opportunity for investors or owner-occupants looking for rental income. Both units have wood floors, updated vinyl windows throughout that allow all the light to flood the units. Each unit has their own back yard and they share the basement for storage and laundry. Don't miss out on this fantastic opportunity to own a charming duplex in a highly sought-after Milwaukie neighborhood.

Property Details and Features

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$2,686

Legal Description

Tax Year:

2023

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace,PartialBasement

Building

Building Area Total:

1618

Built in 1905

Storage:

Basement

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Community

Community Features:

Laundry

Cooling

Cooling:

None

Expenses

Operating Expense:

$6,150

Exterior Features

Exterior Description:

Asbestos,WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

ForcedAir,WallHeater

Income

CAP Rate:

6.86

Gross Income:

$38,400

Gross Rent Multiplier:

12.24

Net Operating Income:

$32,250

Listing

Contract Status Change Date:

2024-06-06

Days On Market:

169

Last Transaction Date:

2024-11-14 17:31:22

List Price:

$469,999

Listing Contract Date:

2024-06-06

Listing Id:

24124431

Mls Status:

Active

Modification Timestamp:

2024-11-22 10:41:21

On Market Date:

2024-06-06

Previous List Price:

$474,999

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_145

Subdivision Name:

Downtown Milwaukie

County Or Parish:

Clackamas

Lot

Features:

Level

Size Acres:

0.08

Size Range:

SqFt3000to4999

Size Square Feet:

3,484

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

OnStreet

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

RES

Roof

Roof:

Composition

Schools

High School:

Milwaukie

Middle Or Junior School:

Rowe

Elementary School:

Milwaukie

Unit One

Actual Rent:

$1,350

Area:

668

Features:

Range,Refrigerator,WoodFloors

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$1,850

Area:

950

Features:

Dishwasher,Range,Refrigerator,WoodFloors

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity,Gas

Hot Water Description:

Gas

Water Source:

PublicWater

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$469,999 - Br/0Ba - for Sale in Downtown Milwaukie, Milwaukie

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$469,999 -

10643 Se 29th Ave Milwaukie , OR 97222

MLS Area Major: _145

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.