OR > Portland
Portland, OR 97233,14124 SE MILL ST
Portland, OR 97233,14124 SE MILL ST
Portland, OR 97233,14124 SE MILL ST
Portland, OR 97233,14124 SE MILL ST
Portland, OR 97233,14124 SE MILL ST
Portland, OR 97233,14124 SE MILL ST
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Debbie Stoppa

Debbie Stoppa

+1(503) 998-7963
Listed by Opt • 503-908-4908
$ 525,000
Est. payment | /mo

3 Beds

2 Baths

2,200 SqFt

Save Virtual Tour
$ 525,000
Est. payment | /mo
Save Virtual Tour

3 Beds

2 Baths

2,200 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $238

MLS Listing ID 778131711

Style Daylight Ranch, Ranch

Bedrooms 3

Full Baths 2

Year Built 1956

Annual Tax Amount $5,524

Tax Year 2024

Lot Size 9,583 Sqft

Property Sub-Type Single Family Residence

Property Description

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 it like their own. It is perfect for investors seeking a high-performing, low-drama asset with long-term upside.

Location

State OR

County Multnomah

Area _143

Rooms

Basement Exterior Entry, Finished, Separate Living Quarters Apartment Aux Living Unit

Interior

Interior Features Hardwood Floors, Laundry, Wallto Wall Carpet, Washer Dryer

Heating Forced Air

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Wood Burning

Appliance Dishwasher, Disposal, Free Standing Range

Exterior

Exterior Feature Covered Deck, Fenced, Tool Shed, Yard

Parking Features Attached

Garage Spaces 1.0

Roof Type Composition

Accessibility CaregiverQuarters, MinimalSteps, Parking

Garage Yes

Building

Lot Description Corner Lot, Level, Private, Trees

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Lincoln Park

Middle Schools Ron Russell

High Schools David Douglas

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://mls.ricoh360.com/9427f853-b85d-4663-bc5e-313a070970e5

Regional Multiple Listing Service (RMLS)

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Debbie Stoppa

+1(503) 998-7963

debbiestoppahomes@gmail.com

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14124 SE MILL ST