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  • Price cut: $36K (7/16)
    $639,000

    16656 SE Moon Ave, Milwaukie, OR 97267

    6beds
    2,700sqft
    : 
    $4,436/mo
    Get pre-qualified
    Multi Family
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $237/sqft
    $-- HOA

    What's special

    Private fenced patioWelcoming and practical spaceOff-street parkingComfortable and functional layout
    Exciting opportunity to own a charming side-by-side triplex in the Oak Grove area of Milwaukie. This well-positioned multifamily property offers three spacious 2-bedroom/1-bath units, each with a comfortable and functional layout designed for everyday living.Each unit features an open-concept living, dining, and kitchen area that flows seamlessly together, creating a welcoming and practical space. The dining area opens through a sliding glass door to a private fenced patio, offering each unit its own outdoor area for fresh air, morning coffee, or relaxing at the end of the day.The bedrooms are generously sized with carpeting and closet space, and the property also offers off-street parking and shared on-site laundry for added convenience.Located near Milwaukie amenities, shopping, services, and major transportation routes, this property offers strong rental appeal in a convenient Oak Grove location. With consistent 2-bedroom/1-bath layouts, private outdoor spaces, and full occupancy, this triplex presents an excellent opportunity for an investor seeking an income-producing multifamily property with long-term potential.Buyer to perform their own due diligence and verify all rents, lease terms, expenses, taxes, square footage, zoning, condition, financing, and future rent increase potential.
    11 days
    |
    638
    |
    39
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Seann Bates 503-475-3017,

    The Alpine Group, Inc.

    Source: RMLS (OR),MLS#: 765763162MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Zoned
      Cooling
      • None
      Appliances
      • Included: Microwave, Range, Refrigerator, Electric Water Heater
      • Laundry: Common Area
      Features
      • Windows: Window Coverings
      • Basement: Crawl Space
      Interior area
      • Total structure area: 2,700
      • Total interior livable area: 2,700 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Assigned, Off Street
      Features
      • Stories: 1
      Lot
      • Features: Level, SqFt 7000 to 9999
      Details
      • Parcel number: 00454378
      • Zoning: MR1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Cedar
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • Year built: 1963

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Front Yard Landscaping, Laundry
      • Security: Security Lights, Sidewalk
      • Subdivision: Oak Grove
      HOA
      • Has HOA: No
      Location
      • Region: Milwaukie

      Financial & listing details

      • Price per square foot: $237/sqft
      • Tax assessed value: $555,380
      • Annual tax amount: $4,722
      • Date on market: 6/26/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 4880

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/3/2026Listed for sale$639,000$237/sqft
        Source: RMLS (OR) #765763162 Report a problem
        7/22/2026Pending sale$639,000$237/sqft
        Source: RMLS (OR) #765763162 Report a problem
        7/16/2026Price change$639,000-5.3%$237/sqft
        Source: RMLS (OR) #765763162 Report a problem
        6/26/2026Listed for sale$675,000+80%$250/sqft
        Source: RMLS (OR) #765763162 Report a problem
        6/10/2016Sold$375,000+35.4%$139/sqft
        Source: RMLS (OR) #16051072 Report a problem
        6/5/2015Sold$277,000-10.2%$103/sqft
        Source: RMLS (OR) #15294468 Report a problem
        10/2/2014Sold$308,300+83.5%$114/sqft
        Source: Public Record Report a problem
        3/8/2000Sold$168,000$62/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,723 +3.7%$250,506 +3%
        2024$4,554 +2.9%$243,210 +3%
        2023$4,425 +5.7%$236,127 +3%
        2022$4,185 +3.8%$229,250 +3%
        2021$4,031 +3.3%$222,573 +3%
        2020$3,901 +1.5%$216,091 +3%
        2019$3,845 +14.4%$209,798 +3%
        2018$3,360 $203,687 +3%
        2017$3,360 +7.3%$197,754 +3%
        2016$3,133 $191,994 +3%
        2015$3,133 +3%$186,402 +3%
        2014$3,042 -27.4%$180,973 +3%
        2013$4,188 +8%$175,702 +3%
        2012$3,878 +1.6%$170,584 +3%
        2011$3,819 +16.3%$165,616 +3%
        2010$3,284 +28.8%$160,792 +3%
        2009$2,549 +6.6%$156,109 +3%
        2008$2,392 +2.4%$151,562 +3%
        2007$2,336 +11.8%$147,148 +3%
        2006$2,088 +1.5%$142,862 +3%
        2005$2,057 +3%$138,701 +3%
        2004$1,997 +2%$134,661 +3%
        2003$1,958 +2.9%$130,739 +3%
        2002$1,902 +1.9%$126,931 +3%
        2001$1,867 +3.4%$123,234 +3%
        2000$1,806 $119,645
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Oak Grove

        Getting around

        60 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Riverside
        • Middle: Alder Creek
        • High: Putnam

        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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