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    1. Home
    2. Property for sale
    3. Oregon
    4. Portland, OR
    5. 14124 SE Mill St
    14124 SE Mill St Portland, OR 97233  | Single Family
    1 / 49

    $525,000

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

    Special Offer:

    (If you do not have an agent and work directly with the listing agent)

    No

    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

    (1231 reviews)
    Avg Price Sold$583.5K
    Years Experience25
    Total Transactions3582