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Off market
  • $785,900

    2858 SE Malcolm St, Milwaukie, OR 97222

    8beds
    5baths
    4,475sqft
    MultiFamily
    Built in 1971
    -- sqft lot
    $785,900 Zestimate®
    $176/sqft
    $2,159 Estimated rent

    Home value

    $785,900

    $723,000 - $857,000

    $2,159/mo

    Zestimate® history
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    $4,823/mo

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    $4,823/mo

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    What's special

    Great investment opportunity in the Ardenwald-Johnson Creek neighborhood! This duplex property has side by side units with both sides having lower level areas. 2856 has a bonus room and utilities in lower area could be future studio unit. 2858 has entire two bedroom unit with kitchen and separate entrance for the potential of four incomes! Both units fully rented with solid tenants. New fence in back and side provides both units with fully fenced private back yards and decks. The living rooms have a wood burning fireplace, slider access to the deck and is open to the kitchen, complete with an electric range, free standing refrigerator, new dishwasher and breakfast nook. There are three main level bedrooms, one full and one half bath. The lower level has the laundry room and family room with exterior access for 2856 tenants on a year lease and already excited to renew. Unit 2858 is currently on a yearly lease lease (they’ve been here for 13years already!) mirrors the main floor footprint of unit 2826 and is roughly 1400 square feet. The basement remodel in this unit was is approximately 800 square feet and has the potential for a third unit with the existing lower level kitchen, living room, bedroom, bonus room and full bath. As it stands now, each unit has their own oversized two car garage, a sunny deck and separate back yard. Tenants pay all utilities. This is a turn key excellent rental investment!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Heating
    • Forced air, Gas
    Cooling
    • Central, Geothermal, Other
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Concrete, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,475 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Garage - Attached, Off-street, On-street
    Features
    • Exterior features: Other, Wood, Brick, Metal
    Lot
    • Size: 10,079 Square Feet
    Details
    • Parcel number: 00008244

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1971

    Community & HOA

    Location
    • Region: Milwaukie

    Financial & listing details

    • Price per square foot: $176/sqft
    • Tax assessed value: $804,547
    • Annual tax amount: $6,804

    Price history

    DateEventPrice
    10/15/2018Sold$511,500+2.3%$114/sqft
    Source: RMLS (OR) #18556483 Report a problem
    9/14/2018Pending sale$499,900+17.7%$112/sqft
    Source: Keller Williams Realty Portland Central #18556483 Report a problem
    9/10/2018Listed for sale$424,900+41.6%$95/sqft
    Source: Keller Williams-PDX Central #18556483 Report a problem
    6/2/2005Sold$300,000$67/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,804 +3.5%$309,188 +3%
    2024$6,570 +2.9%$300,183 +3%
    2023$6,387 +5.3%$291,440 +3%
    2022$6,068 +3.6%$282,952 +3%
    2021$5,855 +3.2%$274,711 +3%
    2020$5,673 +1.5%$266,710 +3%
    2019$5,588 +12.5%$258,942 +3%
    2018$4,969 $251,400 +3%
    2017$4,969 +6.5%$244,078 +3%
    2016$4,666 $236,969 +3%
    2015$4,666 +5%$230,067 +3%
    2014$4,442 +8.1%$223,366 +3%
    2013$4,110 +2.5%$216,860 +3%
    2012$4,010 +0.9%$210,544 +3%
    2011$3,973 +5.6%$204,412 +3%
    2010$3,764 +1%$198,458 +3%
    2009$3,727 +5.7%$192,678 +3%
    2008$3,527 +2.9%$187,066 +3%
    2007$3,427 +12.2%$181,617 +3%
    2006$3,054 +0.6%$176,327 +3%
    2005$3,034 +4.2%$171,191 +3%
    2004$2,912 +2%$166,205 +3%
    2003$2,854 +3%$161,364 +3%
    2002$2,771 +1.8%$156,664 +3%
    2001$2,721 +2.3%$152,101 +3%
    2000$2,661 $147,671
    Find assessor info on the county website

    Neighborhood: Ardenwald

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ardenwald
    • High: Milwaukie

    Source: The MLS. 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
    $785,900
    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
    $785,900