Nestled between River Road and McLoughlin on very quiet side street, this clean, well-maintained, one-story duplex sits on ~1/3 landscaped acre and features 2 spacious bedrooms, 2 full bathrooms, full kitchen, living room, dining area, gas fireplace, and single car garage on each side. Built in 1991, each thoughtfully-designed unit also has its own dishwasher, washer/dryer hookups, privately fenced backyard, and back patio plus additional off-street parking. One RV pad also present. Conveniently located near shopping, dining, medical, public transportation and all that this lovely part of Oregon has to offer. Just minutes from both Clackamas and Willamette Rivers, fishing, boating, wildlife, and beautiful parks too. An ideal investment property, great multigenerational living opportunity, or the perfect place to call home!
This is a once-in-a-lifetime opportunity to own your dream riverfront compound with not one, but TWO beautifully updated homes, set on a sprawling 1.69-acre lot with stunning river views. Whether you’re looking for multi-generational living, rental potential, or simply the space to spread out and enjoy the best of both worlds, this property offers it all. The first home features 4 bedrooms and 3 full baths, including a separate living quarters on the lower level, ideal for guests or multigen living. An expansive deck stretches across the back, perfect for outdoor dining and enjoying the breathtaking river views. Inside, the chef-inspired kitchen boasts high-end finishes and is perfect for entertaining, while the open-concept living areas provide plenty of space for relaxation and enjoyment. The second home offers 3 bedrooms and 1 full and 2 half baths, with an expansive deck that overlooks the river and property. The lower level provides additional space ready for customization to suit your needs, whether as a workshop, home office, or more living space. The gorgeous open-concept floor plan connects the living, dining, and kitchen areas, creating a bright and inviting atmosphere. In between the two homes, you’ll find 3 buildable lots, offering even more potential for expansion, whether you want to grow your compound or preserve the open space for privacy. Enjoy the ultimate combination of peaceful riverfront living and convenience, with easy access to Highway 99E for quick commuting and just 0.6 miles to downtown for shopping, dining, coffee shops, and more. With two stunning homes, ample land, and endless possibilities, this rare riverfront property is a must-see.
Opportunity knocks! Two units, both currently rented, with excellent cash flow. The main house in front is 1,188 sq. ft. incl. converted garage, 2 BR/1 bath, currently rented at $1,650/month. The second house in rear has been recently refreshed and is 575 sq. ft., 1 BR/1 bath, currently rented at $1,350/month. Conveniently located between the Oak Grove Blvd. shops & McLoughlin Blvd: walk to Fred Meyer & transit. Commercial zoning (C3) offers even more opportunities! Photos are from when the rear unit was refreshed, prior to the current tenancy of that unit.
Discover this fantastic 4-plex situated on a desirable corner lot in the heart of Milwaukie. Featuring two spacious 2-bedroom, 1-bath units and two cozy 1-bedroom, 1-bath units, this property offers versatile living options for tenants. Enjoy the convenience of off-street parking and the vibrant community atmosphere, with parks, coffee shops, restaurants, and grocery stores just a short stroll away. Whether you’re looking to expand your investment portfolio or seeking a multi-family living option, this property checks all the boxes. Don’t miss out on this exceptional opportunity!
Rare turn-key investment opportunity located at the end of the Milwaukie MAX line. This fully leased-up duplex investment features meticulously renovated 2BD/1.5 BA apartments. The property comprises of one 2-story duplex buildings on its own lot. This property is ideally situated in Milwaukie between two main arteries, Oatfield Road and McLoughlin Blvd. The remodeled units showcase updated kitchens with new cabinets, countertops, fixtures, hardware, and stainless-steel appliances. Bathrooms have been modernized with new vanities, flooring, toilets, and fixtures. The remodeled units boast new laminate flooring, carpets in bedrooms, light fixtures, in-wall heaters, outlets, doors, hardware, and fresh paint. Each unit includes a primary suite with an attached half bath, a new washer & dryer located in the hallway, and an attached exterior storage unit. The property offers ample off-street parking, semi-private large yard space for lower units, and a beautiful new large deck for the upper unit. Exterior enhancements feature new fences, decks, double-paned vinyl windows, newer roofs, and exterior paint. With a residential feel and high-income potential, the updated duplex provides a low-maintenance investment for the discerning buyer.
Best location, style, and value! Triplex Investment with Massive Upside Potential on Oversized Lot! Neighborhood of tree-lined streets and new development of luxury $800,000 SFR homes. Property is 1 mile to popular downtown Milwaukie, MAX train and new riverfront park. Easy place to live without a car. Bike path along newly paved Lake Rd, less than 10 minutes to New Seasons, Bob's Red Mill Cafe, farmer's market, and Clackamas Town Center. Upstairs: 3 bed/2 bath home with deck and huge, private backyard. Ground level: Two 1 bed/1 bath inviting apartments. Good condition with new paint + roof. Currently zoned for 4plex, may add more rental structures according to city-massive upside potential!
The median home value in Milwaukie, OR is $505,000. This is lower than the county median home value of $555,800. The national median home value is $338,100. The average price of homes sold in Milwaukie, OR is $505,000. Approximately 56.93% of Milwaukie homes are owned, compared to 39.54% rented, while 3.54% are vacant. Milwaukie real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Milwaukie real estate agent to arrange a tour today!
Milwaukie, Oregon has a population of 21,108. Milwaukie is less family-centric than the surrounding county with 28.63% of the households containing married families with children. The county average for households married with children is 33.61%.
The median household income in Milwaukie, Oregon is $73,351. The median household income for the surrounding county is $88,517 compared to the national median of $69,021. The median age of people living in Milwaukie is 39.5 years.
The average high temperature in July is 81 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 42.4 inches per year, with 2.2 inches of snow per year.