Listing provided by: Drew Coleman, Opt
14124 SE Mill St
Portland, OR 97233
$525,000
Active
Overview
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. ...
3 Beds
2 Full Baths
2,200 ft2
9,583 ft2
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Tour
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May, 2025
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Details
General
Stories
2
Bedrooms
3
Bathrooms
2 full
Square footage
2,200 sq. ft.
Lot size
9,583 sq. ft.
Pool
No
Year built
1956
Other
Type
House
Listing information
MLS #
778131711
APN
R310591
Listing provided by
Drew Coleman, Opt
Attribution Contact
503-908-4908
Status
Active
Location
Neighborhood
County
Multnomah
14124 SE Mill St, Portland, OR 97233
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