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    • $695,000

    3942 SE Monroe St, Milwaukie, OR 97222

    5beds
    2,060sqft
    : 
    $4,869/mo
    Get pre-qualified
    Multi Family
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $337/sqft
    $-- HOA

    What's special

    Separate garageAccess to backyard space
    Fabulous investment opportunity with this well maintained duplex, positioned in a desirable and growing location! The 3944 side features a spacious three bedroom one bathroom unit, while 3942 offers a charming two bedroom one bathroom unit. Each unit with a separate garage, parking, access to backyard space, dishwashers and washer/dryer. Both units are currently occupied by reliable tenants on annual leases, who have established a proven track record of residency. Their expressed desire to stay long-term has ensured a steady stream of rental income, minimizing turnover costs. This well-cared-for duplex represents a prime investment opportunity! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10204906]
    17 days
    |
    477
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Fitzmaurice harnish@harnishproperties.com,

    Harnish Company Realtors

    Source: RMLS (OR),MLS#: 484752530MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Microwave, Range, Washer/Dryer, Refrigerator, Electric Water Heater
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 2,060
      • Total interior livable area: 2,060 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Lot
      • Features: Level, SqFt 7000 to 9999
      Details
      • Additional parcels included: 00021997
      • Parcel number: 00021988
      • Zoning: R3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Other
      • Roof: Composition
      Condition
      • Approximately
      • Year built: 1981

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Subdivision: Ardenwald
      HOA
      • Has HOA: No
      Location
      • Region: Milwaukie

      Financial & listing details

      • Price per square foot: $337/sqft
      • Tax assessed value: $334,096
      • Annual tax amount: $3,815
      • Date on market: 7/10/2026
      • Listing terms: Cash,Conventional,FHA
      • Total actual rent: 3170
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Listed for sale$695,000$337/sqft
        Source: RMLS (OR) #484752530 Report a problem
        3/6/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/26/2023Price change$1,750-10.3%$1/sqft
        Source: Zillow Rentals Report a problem
        2/17/2023Price change$1,950-7.1%$1/sqft
        Source: Zillow Rentals Report a problem
        2/13/2023Price change$2,100-2.3%$1/sqft
        Source: Zillow Rentals Report a problem
        2/3/2023Price change$2,150-2.3%$1/sqft
        Source: Zillow Rentals Report a problem
        1/19/2023Listed for rent$2,200+100.9%$1/sqft
        Source: Zillow Rentals Report a problem
        1/5/2019Listing removed$1,095$1/sqft
        Source: Portland Homes & Commercial Properties Report a problem
        12/21/2018Price change$1,095-8.4%$1/sqft
        Source: Portland Homes & Commercial Properties Report a problem
        12/13/2018Price change$1,195-6.3%$1/sqft
        Source: Portland Homes & Commercial Properties Report a problem
        12/3/2018Listed for rent$1,275$1/sqft
        Source: Portland Homes & Commercial Properties Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,815 +3.5%$173,388 +3%
        2024$3,685 +2.9%$168,338 +3%
        2023$3,581 +5.3%$163,435 +3%
        2022$3,403 +3.6%$158,675 +3%
        2021$3,283 +3.2%$154,054 +3%
        2020$3,181 +1.5%$149,567 +3%
        2019$3,134 +12.5%$145,211 +3%
        2018$2,787 $140,982 +3%
        2017$2,787 +6.5%$136,876 +3%
        2016$2,616 $132,889 +3%
        2015$2,616 +5%$129,018 +3%
        2014$2,491 +10.4%$125,260 +3%
        2013$2,256 +5%$121,612 +3%
        2012$2,148 -3.6%$118,070 +3%
        2011$2,228 +5.6%$114,631 +3%
        2010$2,111 +1%$111,292 +3%
        2009$2,090 +5.7%$108,050 +3%
        2008$1,978 +2.9%$104,903 +3%
        2007$1,922 +12.2%$101,848 +3%
        2006$1,713 +0.6%$98,882 +3%
        2005$1,702 +4.2%$96,002 +3%
        2004$1,633 +2%$93,206 +3%
        2003$1,600 +3%$90,491 +3%
        2002$1,554 +1.8%$87,855 +3%
        2001$1,526 +2.3%$85,296 +3%
        2000$1,492 $82,812
        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.
        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.
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        Climate risks

        Neighborhood: Hector Campbell

        Getting around

        80 / 100
        Very Walkable
        43 / 100
        Some Transit
        72 / 100
        Very Bikeable

        Nearby schools

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