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
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Zillow last checked:
Listing updated:
Listed by:
Epique Realty503-819-9191
Source: Oregon Datashare,MLS#: 220223346
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
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.