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  • Price cut: $68K (6/4)
    $1,500,000

    2507 SE Monroe St, Milwaukie, OR 97222

    15beds
    6,000sqft
    : 
    $10,620/mo
    Get pre-qualified
    Multi Family
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Brick sidingNewer kitchen appliancesNewer roof
    Great location! Value-added 8-Unit apartment building in the heart of Milwaukie, just around the corner from largest Waldorf school in the State and one block from Milwaukie High School, near the waterfront and restaurants. 6 units out of 8 have been remodeled/updated during 2021-2023. Total 8 unit at one level: 1 unit has 2B/1.1B, 6 units are 2B/1B, 1 unit has 1B/1B. Low maintenance, brick siding, newer roof and newer kitchen appliances! New electric panels in all units! fully rented! Cap rate at 5.93%! Turn-key opportunity to expand your real estate portfolio!
    152 days
    |
    363
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chunjuan Ye 503-616-8122,

    Brantley Christianson Real Estate

    Source: RMLS (OR),MLS#: 319345699MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 9
      • Full bathrooms: 8
      • Partial bathrooms: 1
      Heating
      • Baseboard
      Appliances
      • Included: Range, Refrigerator, Washer/Dryer, Electric Water Heater
      • Laundry: Washer Dryer Hookup
      Features
      • Storage
      • Basement: Crawl Space
      Interior area
      • Total structure area: 6,000
      • Total interior livable area: 6,000 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: Off Street
      Features
      • Stories: 1
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 0.28 Acres
      • Dimensions: 12197
      • Features: Level, SqFt 10000 to 14999
      Details
      • Parcel number: 00026741
      • Zoning: R1B

      Construction

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

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Front Yard Landscaping
      HOA
      • Has HOA: No
      Location
      • Region: Milwaukie

      Financial & listing details

      • Price per square foot: $250/sqft
      • Annual tax amount: $10,291
      • Date on market: 3/6/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 11208
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/4/2026Price change$1,500,000-4.3%$250/sqft
        Source: RMLS (OR) #319345699 Report a problem
        3/7/2026Listed for sale$1,568,000+16.1%$261/sqft
        Source: RMLS (OR) #319345699 Report a problem
        9/17/2021Sold$1,350,000$225/sqft
        Source: RMLS (OR) #21135890 Report a problem
        6/16/2021Pending sale$1,350,000$225/sqft
        Source: RMLS (OR) #21135890 Report a problem
        11/27/2019Listing removed$1,350
        Source: Zillow Rental Manager Report a problem
        11/17/2019Price change$1,350-3.6%
        Source: Zillow Rental Manager Report a problem
        11/8/2019Listed for rent$1,400+7.7%
        Source: Zillow Rental Manager Report a problem
        10/11/2018Listing removed$1,300
        Source: Management services Report a problem
        9/12/2018Listed for rent$1,300
        Source: Management services Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Historic Milwaukie

        Getting around

        78 / 100
        Very Walkable
        54 / 100
        Good Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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