18225 SE ADDIE ST Milwaukie, OR97267

$492,485
3 total units
6 total bedrooms
3 total bathrooms
$45,600 annual income
Capitilization Rate: 7.56
3444 total sq. ft
20,000 SqFt to .99 Acres
Elementary School: Jennings Lodge
Middle School: Ogden
High School: Gladstone
Zoning: MR-1
1213 days on market

VestorFilter™

Price per unit$164.2K/unit
Price per ft²$143.00/ft²
Price per acre$1.05M/ac
Price per bedroom$82.1K/bed
Time on market1213 days
Smart Fixer ListYes

Property Description

GREAT INVESTMENT OPPORTUNITY! Approx 1/2 acre!!! - Triplex PLUS area to build in the back. Confirm with city to build owner home in back or 2 more units! Fix up the Triplex and have a great income stream. Has carport, 2 garages, huge deck & lots of land! 3rd unit has been gutted and needs to be updated to rent out. Owners live in 1 unit and 2nd unit is rented w/great renter. Confirm with city to build owner home in back or 2 more units! Price is sold as-is with sellers doing no repairs.

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Financial Data

Date Sold2021-02-01
Sold Price$492,485
Original Price$499,985
Current Price$492,485
Property Taxes$4,792

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Home Facts

StatusSold
Year Built1961
Stories2
Exterior Features
MLS ID20010399

Unit Details

Unit 1
Unit 2
Unit 3