# 14124 SE MILL St, Portland, OR 97233

> **TL;DR:** 3bd/2ba single family, $525,000 ($239/sqft), built 1956, 2,200 sqft.
> A/C. Est. $2,275/mo. Listed 328 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $525,000 |
| Price/sqft | $239 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 2,200 |
| Year Built | 1956 |
| Lot Size | 9,583 sqft (0.22 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 328 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,275 |
| **Total** | **$2,275** |

## Nearby Schools

- **Elementary:** Lincoln Park
- **Middle:** Ron Russell
- **High:** David Douglas

## Key Amenities

- A/C

## Property Highlights

- Built in 1956
- 0.22 acre lot
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 14124 SE MILL St, Portland, OR 97233
- **County:** Multnomah
- **Coordinates:** 45.509999, -122.518019
- **Google Maps:** https://www.google.com/maps?q=45.509999,-122.518019

## Listing Agent

- **Name:** Drew Coleman
- **Brokerage:** Opt
- **Phone:** 5039084908
- **Email:** drew@theopt.com

## Primary Photo

![14124 SE MILL St - Primary Photo](http://lh.rdcpix.com/4b4c81cf888f1a40fdd07fda3acffd9el-f2833176127r.jpg)

*48 total photos available on [listing page](https://www.propertysimple.com/listing/14124-se-mill-st-portland-or-97233-78131711)*

---

**MLS#:** 778131711 | **Updated:** 2026-04-29
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/14124-se-mill-st-portland-or-97233-78131711)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "14124 SE MILL St, Portland, OR 97233",
  "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 main",
  "url": "https://www.propertysimple.com/listing/14124-se-mill-st-portland-or-97233-78131711",
  "image": "http://lh.rdcpix.com/4b4c81cf888f1a40fdd07fda3acffd9el-f2833176127r.jpg",
  "datePosted": "2026-04-29",
  "price": 525000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "14124 SE MILL St",
    "addressLocality": "Portland",
    "addressRegion": "OR",
    "postalCode": "97233",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 45.509999,
    "longitude": -122.518019
  },
  "numberOfRooms": 3,
  "numberOfBathroomsTotal": 2,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 2200,
    "unitCode": "FTK"
  },
  "yearBuilt": 1956
}
```