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  • $847,000

    12502 SE Shell Ln, Milwaukie, OR 97222

    8beds
    3,224sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $867,000 Zestimate®
    $263/sqft
    $2,257 Estimated rent

    Home value

    $867,000

    $806,000 - $928,000

    $2,257/mo

    Zestimate® history
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    What's special

    Wonderful Investment Opportunity in Quiet Milwaukie Location! Remodeled 4-plex on a dead-end street next to Rowe Middle School. Easy access to HWY 224 & all that Downtown Milwaukie has to offer plus the MAX line. 2 separate 1 level buildings! Each unit features 2 bedrooms. Recent updates include new electrical panels, siding, & roofs. Carport parking for each unit. Solid rental history w/some long-term tenants. HES = 6. Great rental property in CLACKAMAS COUNTY!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jon Sanford 503-927-4470,

    Berkshire Hathaway HomeServices NW Real Estate

    Bought with:

    Joe Kennedy, 201222826

    Windermere Realty Trust

    Source: RMLS (OR),MLS#: 24414035MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Electric Water Heater
    • Laundry: Washer Dryer Hookup
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 3,224
    • Total interior livable area: 3,224 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport, Paved
    • Has carport: Yes
    Features
    • Stories: 1
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.27 Acres
    • Features: Level, SqFt 10000 to 14999
    Details
    • Parcel number: 00034634
    • Zoning: MD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Cement Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Lake Road
    HOA
    • Has HOA: No
    Location
    • Region: Milwaukie

    Financial & listing details

    • Price per square foot: $263/sqft
    • Tax assessed value: $832,897
    • Annual tax amount: $7,025
    • Date on market: 5/23/2024
    • Cumulative days on market: 2 days
    • Listing terms: Cash,Conventional,FHA
    • Total actual rent: 5315
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/17/2024Sold$847,000-3.2%$263/sqft
    Source: RMLS (OR) #24414035 Report a problem
    5/25/2024Pending sale$875,000$271/sqft
    Source: RMLS (OR) #24414035 Report a problem
    5/24/2024Listed for sale$875,000$271/sqft
    Source: Berkshire Hathaway HomeServices NW #24414035 Report a problem
    4/16/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/6/2024Listed for rent$1,395
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,484 +3.5%$340,109 +3%
    2024$7,228 +2.9%$330,203 +3%
    2023$7,025 +5.3%$320,586 +3%
    2022$6,674 +3.6%$311,249 +3%
    2021$6,441 +3.2%$302,184 +3%
    2020$6,241 +1.5%$293,383 +3%
    2019$6,147 +12.5%$284,838 +3%
    2018$5,466 $276,542 +3%
    2017$5,466 +6.5%$268,487 +3%
    2016$5,132 $260,667 +3%
    2015$5,132 +5%$253,075 +3%
    2014$4,887 +8.1%$245,704 +3%
    2013$4,521 +2.5%$238,548 +3%
    2012$4,411 +0.9%$231,600 +3%
    2011$4,371 +5.6%$224,854 +3%
    2010$4,141 +1%$218,305 +3%
    2009$4,099 +5.7%$211,947 +3%
    2008$3,880 +2.9%$205,774 +3%
    2007$3,770 +12.2%$199,781 +3%
    2006$3,360 +0.6%$193,962 +3%
    2005$3,338 +4.2%$188,313 +3%
    2004$3,204 +2%$182,828 +3%
    2003$3,139 +3%$177,503 +3%
    2002$3,048 +1.8%$172,333 +3%
    2001$2,993 +2.3%$167,314 +3%
    2000$2,927 $162,441
    Find assessor info on the county website

    Neighborhood: Lake Road

    Nearby schools

    GreatSchools rating
    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

    $867,000

    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

    $867,000