9622 SE 41ST AVE

Milwaukie, OR 97222
Square Ft.
3,456
$879,000
Low-maintenance, turn-key 4-plex comprised of two single-level duplex buildings in the desirable Ardenwald neighborhood of Milwaukie. A rare opportunity offering excellent expense control, with tenants paying all utilities, including trash. Well positioned just minutes to Sellwood, downtown Milwaukie, and Portland, the property appeals to both owner-occupants and investors alike. EachRead MoreRead Less
Listing courtesy of Premiere Property Group, LLC.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
3,456
Lot Size
0.23 Acres
Year Built
1961
MLS Number
320137436
30 Days Snapshot Of 97222
$532k
+16%
(avg) sold price
16
-15%
homes sold
54
-16%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 3456, Built in 1961, Storage: IndividualStorageUnits, Locked, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Community
Community Features: FrontYardLandscaping
Cooling
Cooling: None
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $12,602
Exterior Features
Exterior Description: Brick, WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: ForcedAir
Income
CAP Rate: 7, Gross Income: $74,120, Gross Rent Multiplier: 11.86, Net Operating Income: $61,518
Lot
Features: Level, Size Acres: 0.23, Size Range: SqFt10000to14999, Size Square Feet: 10,018, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, AnnualPropertyOperationData, Leases, MaintenanceRecordsAvailable
Parking
7 total parking spots
Property
Number Of Units Total: 4, Property Condition: UpdatedRemodeled, Zoning: R-MD
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $7,522, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,585, Area: 761, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,535, Area: 761, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,625, Area: 761, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $1,430, Area: 761, Features: Range, Refrigerator, WasherDryerHookup, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Electricity, Tank, Internet Service Type: Cable, Water Source: PublicWater
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Erika George and Kari McGee
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.