14124 SE Mill St, Portland, OR 97233

Local realty services provided by:Columbia River Realty ERA Powered
14124 SE Mill St,Portland, OR 97233
$525,000
  • 3 Beds
  • 2 Baths
  • 2,200 sq. ft.
  • Single family
  • Active
Listed by:drew coleman
Office:opt
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:89 day(s) ago
  • Updated:August 15, 2025 at 11:16 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • 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

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)
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