14124 Se Mill St, Portland, Oregon 97233

OR, Portland
$525,000
  • 3 Beds
  • 2 Bath
  • 0.22 Acre
  • Residential Property Type
  • 1956 Year Built
  • Active Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
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.

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 778131711
  • Price: $525,000
  • Year Built: 1956
  • Lot Area: 0.22 Acre
  • Full Bathrooms: 2
  • Property Sub Type: SingleFamilyResidence
  • Roof: Composition
  • Office Name: Opt
  • Agent Name: Drew Coleman
  • Contact By: 503-908-4908
  • Office Phone: 503-908-4908
  • Listing Status: Active
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Finished,Exterior Entry,Separate Living Quarters Apartment Aux Living Unit
  • Fireplace Wood Burning
  • Parking Driveway,Off Street
  • Architectural Style Ranch,Daylight Ranch
  • Exterior Features Covered Deck,Fenced,Tool Shed,Yard
  • Fireplaces Total 2
  • Interior Features Hardwood Floors,Wallto Wall Carpet,Washer Dryer,Laundry
  • Sewer Public Sewer
Appliances
  • Dishwasher
  • Disposal
  • Free Standing Range
Address Map
  • Country US
  • State OR
  • County Multnomah
  • City Portland
  • Zipcode 97233
  • Street: MILL
  • Street Number: 14124
  • Street Suffix: ST
  • Longitude: W123° 28' 55.1''
  • Latitude: N45° 30' 36''
  • Mls Area Major: _143
  • Street Dir Prefix: SE
Neighborhood
  • Elementary School: Lincoln Park
  • High School: David Douglas
  • Middle School: Ron Russell
Additional Information
  • Water Source: Public Water
  • Accessibility Features: Caregiver Quarters,Minimal Steps,Parking
  • Building Size: 2200
  • Garage: 1.0
  • Lot Features: Corner Lot,Level,Private,Trees
  • On Market Date: 2025-05-17
  • Stories: 2
Listing Information
  • Listing Term: Cash, Conventional, FHA, VALoan
  • Mls Status: Active
  • Modification Timestamp: 2026-02-18T08:20:43Z
  • Originating System Name: RMLS
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$

Similar Properties

Last updated on 02/18/2026 10:10