1. Oregon
2. Portland
3. 14124 Se MILL St

14124 Se MILL St, Portland, OR 97233

• 3 beds |
• 2 baths |
• 2,200 sqft

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.

Listing Status:

Active

Date Added:

May 17, 2025 at 05:00AM

Listing Office:

Opt : 503-908-4908

Listing Agent:

Drew Coleman : 503-908-4908

MLS ID:

778131711

Interior

• General: Hardwood floorsLaundryWallto wall carpetWasher dryer
• Appliances: DishwasherDisposalFree standing range
• Basement: Exterior entryFinishedSeparate living quarters apartment aux living unit
• A/C: Central air
• Heating: Forced air
• Fireplace: Wood burningFireplaceFireplaces: 2
• Disability Feature: Caregiver quartersMinimal stepsParking

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Drew Coleman, Opt