2507 SE Monroe St, Milwaukie, OR 97222 | MLS ID 319345699

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$1,568,000

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Great location! Value-added 8-Unit apartment building in the heart of Milwaukie, just around the corner from largest Waldorf school in the State and one block from Milwaukie High School, near the waterfront and restaurants. 6 units out of 8 have been remodeled/updated during 2021-2023. Total 8 unit at one level: 1 unit has 2B/1.1B, 6 units are 2B/1B, 1 unit has 1B/1B. Low maintenance, brick siding, newer roof and newer kitchen appliances! New electric panels in all units! fully rented! Cap rate at 5.93%! Turn-key opportunity to expand your real estate portfolio!

Information

Address:
<map>

2507 SE Monroe St
Milwaukie, OR 97222

Square Feet: 6000

Area/School Dist: Milwaukie Gladstone Happy Valley Clckmas Dmscu

MLS ID: 319345699

Status: Active

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Features

Taxes: $10,291
Roof Type: Composition
Exterior: Brick
Parking Notes: OffStreet
Special View Info: Territorial
Lot Size: 12,197
Lot Dimensions: 12197
Heating: Baseboard
Fuel Type: Electricity
Year Built: 1963
Water: Public Water
Sewer: Public Sewer
Stories: 1.0
Units: 8
Basement: CrawlSpace
Parking Spaces 12
Gross Income: $133016.00 (Actual)
Hot Water Description: Electricity
Lot Description: Level
Net Income: $92953.00 (Actual)
Operating Expenses: $43360.00 (Actual)
Parking: OffStreet
Storage: Attached

Unit Information

Unit Type 1 Information
  Bathroom(s): 2
  Bedrooms: 2
  Features: Range, Refrigerator, WasherDryerHookup
  Rent: $1500.00
  Square Footage: 850
  Total Units: 1
Unit Type 2 Information
  Bathroom(s): 1
  Bedrooms: 2
  Features: Range, Refrigerator, WasherDryerHookup
  Rent: $1449.00
  Square Footage: 775
  Total Units: 1
Unit Type 3 Information
  Bathroom(s): 1
  Bedrooms: 2
  Features: Range, Refrigerator, Storage, WasherDryerHookup
  Rent: $1549.00
  Square Footage: 775
  Total Units: 1
Unit Type 4 Information
  Bathroom(s): 1
  Bedrooms: 2
  Features: Range
  Rent: $1345.00
  Square Footage: 775
  Total Units: 1
Unit Type 5 Information
  Bathroom(s): 1
  Bedrooms: 2
  Rent: $1345.00
  Square Footage: 775
  Total Units: 1
Unit Type 6 Information
  Bathroom(s): 1
  Bedrooms: 2
  Features: Range, Refrigerator, WasherDryer
  Rent: $1425.00
  Square Footage: 775
  Total Units: 1
Unit Type 7 Information
  Bathroom(s): 1
  Bedrooms: 1
  Features: Range, Refrigerator
  Rent: $1195.00
  Square Footage: 450
  Total Units: 1
Unit Type 8 Information
  Bathroom(s): 1
  Bedrooms: 2
  Features: Range, Refrigerator, WasherDryerHookup
  Rent: $1400.00
  Square Footage: 650
  Total Units: 1

School Information

High School: Milwaukie
Middle School: Rowe
Elementary School: Other

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: DAT Real Estate Solutions
  Agency Phone: 503-400-7995

Listed By
   Brantley Christianson Real Estate
  Agency Phone: 503-893-9787

DAT Real Estate Solutions
4660 Portland Road, Suite 103 | Salem, Oregon 97305
503.400.7995

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/03/2026. The listing information on this page last changed on 04/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/03/2026 12:01:12 AM EST) or RMLS (last updated Thu 04/02/2026 11:58:28 PM EST) or Willamette Valley MLS (last updated Thu 04/02/2026 11:51:07 PM EST). Real estate listings held by brokerage firms other than DAT Real Estate Solutions may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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