Wonderful Investment Opportunity in a Quiet & Convenient Milwaukie Location! One unit has been completely remodeled! Kitchen with Quartz counters, new cabinets, & new appliances. New flooring throughout, updated bathroom, fresh paint, & new light fixtures. Great set up with side by side 1 story units plus carport parking. Large lot w/potential to add up to 2 more units, check with city for details. Located on a dead end street across from Rowe Middle School. Convenient access to HWY 99 & 224. Close to all that downtown Milwaukie has to offer- restaurants, shops, farmer's market, & Milwaukie Bay Park. Estimated rent of $2,000 per month for remodeled unit. HES = 6!
Sold
$525,000
12472 SE Shell Ln, Milwaukie, OR 97222
4beds
1,488sqft
Multi Family
Built in 1963
-- sqft lot
$521,900 Zestimate®
$353/sqft
$2,018 Estimated rent
Home value
$521,900
$496,000 - $553,000
$2,018/mo
Zestimate® history
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$2,018/mo
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$3,217/mo
Est. payment
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$3,217/mo
Est. payment
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List your homeWhat's special
Fresh paintUpdated bathroomNew light fixturesNew cabinetsNew appliancesQuartz counters
Zillow last checked:
Listing updated:
Listed by:
Jon Sanford 503-927-4470,
Berkshire Hathaway HomeServices NW Real Estate
Bought with:
Alexander Clark, 200601081
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 23020896
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Zoned
Appliances
- Included: Dishwasher, Microwave, Range, Electric Water Heater, Tank Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 1,488
- Total interior livable area: 1,488 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Has carport: Yes
Features
- Stories: 1
- Has view: Yes
- View description: Territorial
Lot
- Features: Level, SqFt 7000 to 9999
Details
- Additional parcels included: C224037
- Parcel number: 01595107
- Zoning: R-MD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukie
Financial & listing details
- Price per square foot: $353/sqft
- Tax assessed value: $541,927
- Annual tax amount: $3,977
- Date on market: 4/21/2023
- Cumulative days on market: 138 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 2100
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Sold | $525,000$353/sqft |
Source: Public Record Report a problem | ||
| 10/10/2023 | Sold | $525,000$353/sqft |
Source:  RMLS (OR) #23020896 Report a problem | ||
| 9/7/2023 | Pending sale | $525,000$353/sqft |
Source: RMLS (OR) #23020896 Report a problem | ||
| 8/8/2023 | Price change | $525,000-2.6%$353/sqft |
Source: RMLS (OR) #23020896 Report a problem | ||
| 7/24/2023 | Listed for sale | $539,000$362/sqft |
Source: RMLS (OR) #23020896 Report a problem | ||
| 7/13/2023 | Pending sale | $539,000$362/sqft |
Source: RMLS (OR) #23020896 Report a problem | ||
| 7/5/2023 | Price change | $539,000-3.6%$362/sqft |
Source: RMLS (OR) #23020896 Report a problem | ||
| 6/9/2023 | Price change | $559,000-3.5%$376/sqft |
Source: RMLS (OR) #23020896 Report a problem | ||
| 4/21/2023 | Listed for sale | $579,000$389/sqft |
Source: RMLS (OR) #23020896 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,420 +3.5% | $200,885 +3% |
| 2024 | $4,269 +2.9% | $195,034 +3% |
| 2023 | $4,149 +5.3% | $189,354 +3% |
| 2022 | $3,942 +3.6% | $183,839 +3% |
| 2021 | $3,804 +3.2% | $178,485 +3% |
| 2020 | $3,686 +1.5% | $173,287 +3% |
| 2019 | $3,631 +12.5% | $168,240 +3% |
| 2018 | $3,229 | $163,340 +3% |
| 2017 | $3,229 +6.5% | $158,583 +3% |
| 2016 | $3,031 | $153,964 +3% |
| 2015 | $3,031 +5% | $149,480 +3% |
| 2014 | $2,886 +8.1% | $145,126 +3% |
| 2013 | $2,670 +2.5% | $140,899 +3% |
| 2012 | $2,605 +0.9% | $136,795 +3% |
| 2011 | $2,582 +5.6% | $132,811 +3% |
| 2010 | $2,446 +1% | $128,943 +3% |
| 2009 | $2,421 +5.7% | $125,187 +3% |
| 2008 | $2,292 +2.9% | $121,541 +3% |
| 2007 | $2,227 +12.2% | $118,001 +3% |
| 2006 | $1,984 +0.6% | $114,564 +3% |
| 2005 | $1,972 +4.2% | $111,227 +3% |
| 2004 | $1,892 +2% | $107,987 +3% |
| 2003 | $1,854 -48.5% | $104,842 +3% |
| 2002 | $3,601 +103.7% | $101,788 +3% |
| 2001 | $1,768 +2.3% | $98,823 +3% |
| 2000 | $1,729 | $95,945 |
Find assessor info on the county website
Neighborhood: Lake Road
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Nearby schools
GreatSchools rating
- 6/10Milwaukie El Puente Elementary SchoolGrades: K-5Distance: 0.8 mi
- 3/10Rowe Middle SchoolGrades: 6-8Distance: 0.1 mi
- 2/10Milwaukie High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Milwaukie
- Middle: Rowe
- High: Milwaukie
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$521,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$521,900
- Oregon
- Clackamas County
- Milwaukie
- 97222
- Lake Road
- 12472 SE Shell Ln
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