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Listed by Living Room Realty
$560,000
Est. payment /mo
2,552 SqFt
Price Dropped by $25K
15648 NE MILTON PL Portland, OR 97230
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,552 sqft
Price per Sqft $219
Subdivision Wilkes
MLS Listing ID 623470698
Year Built 2000
Annual Tax Amount $7,023
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
This well-designed duplex offers two spacious units, each with 3 bedrooms and 2.5 baths. With generous layouts and thoughtful details, it's a perfect fit for both investors and owner-occupants. Each home's main level offers a bright, open living area with a cozy gas fireplace, half bath, and a spacious kitchen with endless storage and dining area ready for gatherings. Sliding doors open to the yard, creating easy indoor-outdoor living. Upstairs, you'll find three bedrooms, including a primary with its own ensuite bath. A second full bathroom serves the additional bedrooms, while laundry is conveniently located on the same level. A detached garage provides parking and storage for both units, with additional driveway space for convenience. With established long-term tenants, steady income, and room for future rent growth, this property offers both stability and upside potential, a smart, well-rounded investment opportunity for those looking to expand or diversify their rental portfolio. With a 4.74% cap rate, this duplex combines comfort, flexibility, and solid investment performance—ideal for expanding your rental portfolio or living in one unit while renting the other.
Location
State OR
County Multnomah
Area _142
Zoning RM1
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling None
Exterior
Garage Spaces 2.0
View Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Gentle Sloping, Seasonal
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Margaret Scott
Middle Schools H.B. Lee
High Schools Reynolds
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

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