14124 SE Mill St Portland, OR 97233  | Single Family
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$525,000

14124 SE Mill St Portland, OR 97233
3
Bedrooms
2
Bathrooms
9,583
sqft
1956
Year Built
Single Family
Property Type
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Special Offer:

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About This Home

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.

Location

14124 SE Mill St Portland, OR 97233

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Listing Agent

Drew Coleman

Drew Coleman

Opt Real Estate

(1118 reviews)
Avg Price Sold$578.6K
Years Experience25
Total Transactions3147