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Listed by eXp Realty, LLC • 503-504-2369

$450,000

Est. payment - /mo

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1,410 SqFt

Price Dropped by $20K

12406 SE FULLER RD Milwaukie, OR 97222

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,410 sqft

Price per Sqft $319

MLS Listing ID 260917318

HOA Y/N No

Year Built 1954

Annual Tax Amount $3,353

Tax Year 2025

Lot Size 6,534 Sqft

Property Description

Milwaukie duplex listed $55,000 below the August 2025 appraised value of $505,000 — ideal for house hackers, owner-occupants, investors, or 1031 buyers. No HOA. Corner lot. 6 off-street parking spaces. 1-bedroom unit is vacant and move-in ready with new carpet, fresh paint, newer vinyl flooring, and a 2019 water heater — live here while the 2-bedroom unit cash-flows. The 2-bedroom unit is rented month-to-month, rent increasing to $1465 in September. Combined at market rents, the property has potential gross income of approximately $2,700/month or so. Each unit has its own fully fenced private yard, patio, exterior shed, and laundry hookups. 2-bedroom nicely updated with bath remodeled 2020-21, newer flooring throughout, and more. Roof replaced 2012. Exterior freshly painted. Low Clackamas County taxes. Bus stop directly out front. Minutes to the MAX line, I-205, Clackamas Town Center, and N Clackamas Aquatic Park. Linwood Elementary, Rowe Middle, Milwaukie High School. Motivated sellers, all reasonable offers will be considered.

Location

State OR

County Clackamas

Area _145

Zoning R10

Rooms

Basement Crawl Space

Interior

Heating Wall Heater

Cooling Wall Unit

Exterior

View Territorial

Roof Type Membrane

Garage No

Building

Lot Description Corner Lot, Level, On Busline

Story 1

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Linwood

Middle Schools Rowe

High Schools Milwaukie

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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