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  • Price cut: $10K (8/21)
    $295,000

    129 S Milwaukie Ave #131 & 1/2, Hines, OR 97738

    4beds
    2,432sqft
    : 
    $1,979/mo
    Get pre-qualified
    Multi Family
    Built in 1966
    -- sqft lot
    $-- Zestimate®
    $121/sqft
    $-- HOA

    What's special

    Large city lotFlexible configuration options
    Rare multifamily opportunity in Hines featuring 3 recognized addresses (129, 131, & 131½ S Milwaukie Ave) with separate entrances & utility meters, for significant value-add potential. The property currently includes 2 livable units plus a 3rd unfinished unit with electrical service & plumbing in place. The unfinished unit offers an excellent opportunity for additional rental income, multigenerational living, guest quarters, or expanded living space upon completion. Situated on a large city lot, the property offers over 2,400 square feet of existing living space & flexible configuration options rarely found in today's market. While updates & improvements remain, much of the groundwork has been started, creating an opportunity for investors, contractors, or owner-occupants to build equity through completion & modernization. Whether you're looking for rental income, a value-add investment, or flexible living arrangements, this property offers possibilities that are difficult to find
    75 days
    |
    307
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Epique Realty 503-819-9191

    Source: Oregon Datashare,MLS#: 220223346MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric, Forced Air, Natural Gas, Oil
      Cooling
      • Wall/Window Unit(s)
      Features
      • Flooring: Carpet, Concrete, Vinyl
      • Has fireplace: No
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 2,432
      • Total interior livable area: 2,432 sqft

      Property

      Parking
      • Parking features: Attached, Attached Carport, Driveway, Gravel, Workshop in Garage
      • Has attached garage: Yes
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.36 Acres
      Details
      • Parcel number: 30548
      • Zoning description: RS
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Multi Family
      Materials
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1966

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Stafford Derbes &Roy
      HOA
      • Has HOA: No
      Location
      • Region: Hines

      Financial & listing details

      • Price per square foot: $121/sqft
      • Annual tax amount: $2,930
      • Date on market: 6/14/2026
      • Cumulative days on market: 75 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/21/2026Price change$295,000-3.3%$121/sqft
        Source: Oregon Datashare #220223346 Report a problem
        7/27/2026Price change$305,000-3.2%$125/sqft
        Source: Oregon Datashare #220223346 Report a problem
        7/15/2026Price change$315,000-1.6%$130/sqft
        Source: Oregon Datashare #220223346 Report a problem
        6/26/2026Price change$320,000-5.9%$132/sqft
        Source: Oregon Datashare #220223346 Report a problem
        6/18/2026Price change$340,000-2.9%$140/sqft
        Source: Oregon Datashare #220223346 Report a problem
        6/14/2026Listed for sale$350,000$144/sqft
        Source: Oregon Datashare #220223346 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 97738

        Getting around

        13 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Henry L Slater Elem
        • Middle: Hines Middle
        • High: Burns High

        Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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