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$875,000   Price Analysis
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12363 SE Whitcomb Dr
Milwaukie, OR 97222
8 bed 8 bath unknown SqFt ($0/SqFt)
Built 1996
Listed 2024-03-19
Ⓧ USDA Ineligible
due to price & location

near East Milwaukie

Do not disturb tenants.

Self-managed and we ll-maintained units with long term tenants. Brand new roof in 2017.

Rents raising 10% July 1, 2024. Centrally located, near MAX, bus lines, shopping, freewy access, Kellogg Lake, Parks and trails.


Presented by Charlotte Cook at
MORE Realty.
Listing Agent Photo

Property MLS #24138831 from RMLS

Bedrooms: 8

Full Bathrooms: 8

Heating Features: WallHeater
Water Heaters: Electricity

Road Surface Type: Paved

Parking Features: Assigned, OffStreet

Elementary School: Oak Grove
High School: Putnam
Middle School: Alder Creek

Oak Grove Elementary School is a public elementary school located approximately 0.8 miles away.
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Alder Creek Middle School is a public middle school located approximately 2 miles away.
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Putnam High School is a public high school located approximately 2.6 miles away.
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Frontier Education is a private elementary, middle and high school located approximately 0.3 miles away.
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Gross Income: 63057
Rent Includes: Sewer, TrashCollection, Water

Number of Units: 4
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2

LotSizeRange: SqFt7000to9999
Annual Tax Amount: 10396.79000000
Source Listing Status: Active
County: Clackamas
Cap Rate: 5.31
Directions: McLoughlin, East on Lakewood Dr. to property
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: 01742323
Zoning: SFMulti
Source System Name: C2C

Relisted 2024-05-28
$875,000
RMLS
Listing removed 2024-05-19
$900,000
RMLS
Price Changed 2024-04-11
$900,000
RMLS
Listed 2024-03-19
$1,050,000
RMLS

Net Operating Income: 46445
Operating Expense: 16612

Year Built: 1996
Building Exterior Type: LapSiding
Property Age: 28
Roof: Composition
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater

Security Features: SecurityLights
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.