$1,568,000

2507 Se MONROE St, Milwaukie, OR 97222

6,000 sqft

Multi-Family Home
Built in 1963
0.28acre lot
—— car garage
$261/sqft
Listed 6 days ago

Property Description

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!

Listing Status:: Active
Date Added:: March 6, 2026
Data Last Updated:: March 12, 2026 at 6:43PM
Listing Office:: Brantley Christianson Real Estate : 503-893-9787
Listing Agent:: Chunjuan Ye : 541-220-6816
MLS ID:: 319345699

Basement: Crawl space
Heating: Baseboard

General: Brick
Parking: Off streetParking spaces: 12

Roofing: Composition
General: Concrete perimeter

Road/Access: Paved
Golf: Front yard landscaping
Originating MLS: Regional Multiple Listing ServiceInc.
County: Clackamas

Zoning: R1BSECTION 36 TOWNSHIP 1S RANGE 1E QUARTER BB TAX LOT 0080000026741
View: View

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Chunjuan Ye , Brantley Christianson Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Milwaukie El Puente Elementary School

11250 SE 27th Ave, Portland, OR, 97222

Grades KG-5

0.25 miles away

Wilbur Rowe Middle School

3606 SE Lake Rd, Portland, OR, 97222

Grades 6-8

0.96 miles away

Milwaukie High School

2301 SE Willard St, Portland, OR, 97222

Grades 9-12

0.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.