14124 SE Mill St, Portland, OR 97233

Portland
Local realty services provided by:Knipe Realty ERA Powered
14124 SE Mill St,Portland, OR 97233
$525,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 2,200 sq. ft.
  • Single family
  • Active
Listed by: drew coleman
Office: opt503-908-4908
MLS#:778131711
Source:PORTLAND

Price summary

  • Price:$525,000
  • Price per sq. ft.:$238.64

About this home

Turnkey Investment with High-Quality Tenant and strong Cash Flow. This is an ideal opportunity for investors seeking reliable, above-market income from day one. This well-maintained property lives like a duplex with two kitchens, two living areas, and a flexible layout including a lower-level suite with exterior access.The current long-term tenant runs an on-site licensed, state-funded childcare business. Government subsidies back the rent, offering consistent, guaranteed income. The tenant maintains the property well and is open to a long-term lease with built-in renewal options.Upgrades include a newer furnace, A/C, LVP flooring, an updated kitchen downstairs, newer appliances (fridge, dishwasher, washer/dryer), fresh interior/exterior paint, a covered deck, updated windows, a DEQ-certified oil tank decommission, and asbestos/lead paint clearance.Zoned residential and in a quiet neighborhood, this property offers strong immediate returns, minimal management, and a tenant who treats...

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Home facts

  • Year built:1956
  • Listing ID #:778131711
  • Added:361 day(s) ago
  • Updated:May 14, 2026 at 04:29 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Dishwasher, Disposal, Free Standing Range
  • Basement Description:Exterior Entry, Finished, Separate Living Quarters/apartment/aux Living Unit
  • Living area:2,200 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1956
  • Building area:2,200 sq. ft.
  • Lot area:0.22 Acres
  • Lot Features:Corner Lot, Level, Private, Trees
  • Architectural Style:Daylight Ranch, Ranch
  • Exterior Features:Covered Deck, Fenced, Tool Shed, Yard
  • Levels:2 Stories

Schools

  • High school:David Douglas
  • Middle school:Ron Russell
  • Elementary school:Lincoln Park

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$238.64
  • Tax amount:$5,524 (2024)

Features and amenities

  • Laundry features:Washer/Dryer
  • Amenities:Hardwood Floors, Laundry, Wall To Wall Carpet

Parking

  • Total parking spaces:1
  • Parking description:Driveway, Off Street
  • Garage spaces:1
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 Knipe Realty ERA Powered 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: May 14, 2026

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