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Property Description

Turnkey Investment with High-Quality Tenant and strong Cash Flow. This is an ideal opportunity for investors seeking reliable, above-market income from day one. This well-maintained property lives like a duplex with two kitchens, two living areas, and a flexible layout including a lower-level suite with exterior access.The current long-term tenant runs an on-site licensed, state-funded childcare business. Government subsidies back the rent, offering consistent, guaranteed income. The tenant maintains the property well and is open to a long-term lease with built-in renewal options.Upgrades include a newer furnace, A/C, LVP flooring, an updated kitchen downstairs, newer appliances (fridge, dishwasher, washer/dryer), fresh interior/exterior paint, a covered deck, updated windows, a DEQ-certified oil tank decommission, and asbestos/lead paint clearance.Zoned residential and in a quiet neighborhood, this property offers strong immediate returns, minimal management, and a tenant who treats it like their own. It is perfect for investors seeking a high-performing, low-drama asset with long-term upside.

Overview

Property Status
For Sale
Lot Size
9,583 Sq.Ft.
MLS ID
778131711
Property Type
Residential
Year Built
1956

Features & Amenities

Total Area
2,200 Sq.Ft.
Neighborhood
Portland
Architecture Styles
Daylight Ranch, Ranch
Stories
2
Garage Spaces
1.0
Water Source
Public Water
Roof
Composition
Lot Features
Corner Lot, Level, Private, Trees
Parking
Driveway, Off Street
Heat Type
Forced Air
Air Conditioning
Central Air
Fireplace
Wood Burning
Appliances
Dishwasher, Disposal, Free Standing Range
Other Interior Features
Hardwood Floors, Laundry, Wallto Wall Carpet, Washer Dryer
Sewer
Public Sewer
Disability Features
Caregiver Quarters, Minimal Steps, Parking
Other Exterior Features
Covered Deck, Fenced, Tool Shed, Yard
Elementary School
Lincoln Park
Middle School
Ron Russell
High School
David Douglas
Sales Price
$525,000
Real Estate Tax
$5,524/yr

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14124 SE MILL ST

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14124 SE MILL ST

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  • CallDrew Coleman

    License #200109070, 23007100

    (503) 908-4909
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