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!!
Sold
$847,000
12502 SE Shell Ln, Milwaukie, OR 97222
8beds
3,224sqft
Multi Family
Built in 1964
-- sqft lot
$882,600 Zestimate®
$263/sqft
$2,277 Estimated rent
Home value
$882,600
$821,000 - $944,000
$2,277/mo
Zestimate® history
Owner options
List your home for rent
$2,277/mo
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$2,277/mo
Rent Zestimate®
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$5,121/mo
Est. payment
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$5,121/mo
Est. payment
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List your homeWhat's special
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#: 24414035
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 & neighborhood
Location
- Region: Milwaukie
- Subdivision: Lake Road
HOA & financial
Other financial information
- Total actual rent: 5315
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2024 | Sold | $847,000-3.2%$263/sqft |
Source:  RMLS (OR) #24414035 Report a problem | ||
| 5/25/2024 | Pending sale | $875,000$271/sqft |
Source: RMLS (OR) #24414035 Report a problem | ||
| 5/24/2024 | Listed for sale | $875,000$271/sqft |
Source:  Berkshire Hathaway HomeServices NW #24414035 Report a problem | ||
| 4/16/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/6/2024 | Listed for rent | $1,395 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 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: 0.9 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
$882,600
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
$882,600
- Oregon
- Clackamas County
- Milwaukie
- 97222
- Lake Road
- 12502 SE Shell Ln
Nearby cities
Nearby neighborhoods
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