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14124 SE MILL ST, Portland, OR 97233
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$525,000
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Home Details for 14124 SE MILL ST
Price
$525,000
Type
Single Family
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Year Build
1956
Lot Size
0.22
County
Multnomah
Garage
1
Basement
Exterior Entry, Finished
Tax
$5,524.38
MLS®️ Listing#
778131711
On exitrealty.com
185 days
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.
- Parking
- Driveway
- Off Street
- Attached
- Basement
- Exterior Entry
- Finished
- Cooling Information
- Central Air
- Heating Information
- Forced Air
- Water Features
- Public
- Garage
- 1
- Fire Place
- Wood Burning
School Information
School Information for 14124 SE MILL ST
Elementary School
Lincoln Park
Middle School
Ron Russell
High School
David Douglas
Listing Courtesy: Opt - 503-908-4908. Presented by: Drew Coleman
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than EXIT Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date above. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright ©2025 RMLS of Portland, Oregon. All Rights Reserved.Last Updated: 2025-10-24 02:00:43
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$525,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702