2507 SE Monroe St, Milwaukie, OR 97222

Milwaukie
Local realty services provided by:ERA Freeman & Associates, Realtors
2507 SE Monroe St,Milwaukie, OR 97222
$1,500,000
  • - Beds
  • - Baths
  • 6,000 sq. ft.
  • Multi-family
  • Active
Listed by: chunjuan ye
Office: brantley christianson real estate503-893-9787
MLS#:319345699
Source:PORTLAND

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$250

About this home

Great location! Value-added 8-Unit apartment building in the heart of Milwaukie, just around the corner from largest Waldorf school in the State and one block from Milwaukie High School, near the waterfront and restaurants. 6 units out of 8 have been remodeled/updated during 2021-2023. Total 8 unit at one level: 1 unit has 2B/1.1B, 6 units are 2B/1B, 1 unit has 1B/1B. Low maintenance, brick siding, newer roof and newer kitchen appliances! New electric panels in all units! fully rented! Cap rate at 5.93%! Turn-key opportunity to expand your real estate portfolio!

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Home facts

  • Year built:1963
  • Listing ID #:319345699
  • Added:557 day(s) ago
  • Updated:November 10, 2026 at 01:36 PM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:6,000 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1963
  • Building area:6,000 sq. ft.
  • Lot area:0.28 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story

Schools

  • High school:Milwaukie
  • Middle school:Rowe
  • Elementary school:Other

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$250
  • Tax amount:$10,291 (2025)

Parking

  • Total parking spaces:12
  • Parking description:Off Street
MLS LogoAll 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 ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: November 10, 2026

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