Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 3-bedroom, 2-bathroom single family at 14124 SE MILL St in Portland, OR is listed for $525,000 ($239 per sqft). Built in 1956, the home offers 2,200 sqft of living space on a 0.22 acres lot.
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 co
vered 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.
Key Features
- Built in 1956
- 0.22 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,808/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
14124 SE MILL St
Portland, OR 97233
Features & Amenities
Interior Features
Exterior Features
Property Details
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 14124 SE MILL St is listed at $525,000 ($239/sqft). The estimated monthly payment is $2,275 based on 20% down at 6.5% interest.
Key features include: Built in 1956, 0.22 acre lot, 2 stories. Interior Features: HardwoodFloors, Laundry, WalltoWallCarpet. Exterior Features: CoveredDeck, Fenced, ToolShed.
This property is listed by Drew Coleman and can be reached at 5039084908 or drew@theopt.com.





















































