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2507 SE Monroe St, Milwaukie, OR 97222

$1,568,000
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Property Description

Great location! Value-added 8-Unit apartment building in the heart of Milwaukie, just around the corner from largest Waldorf school in the State and one block from Milwaukie High School, near the waterfront and restaurants. 6 units out of 8 have been remodeled/updated during 2021-2023. Total 8 unit at one level: 1 unit has 2B/1.1B, 6 units are 2B/1B, 1 unit has 1B/1B. Low maintenance, brick siding, newer roof and newer kitchen appliances! New electric panels in all units! fully rented! Cap rate at 5.93%! Turn-key opportunity to expand your real estate portfolio!

2507 SE Monroe St | MLS# 319345699

This multi-family property located at 2507 SE Monroe St, Milwaukie, OR 97222 is currently listed for sale with an asking price of $1,568,000. Search Milwaukie real estate on tinaroberts.bendpremierrealestate.com today.

SQUARE FEET6,000 MLS#319345699
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Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Fuel Type: Electricity
Heating: Baseboard
Lot Size: 12,197
Roof Type: Composition
Stories: 1.0
Taxes: $10,291
Year Built: 1963
Square Feet: 6,000

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 2
Features: Range, Refrigerator, WasherDryerHookup
Rent: $1500.00
Square Footage: 850
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator, WasherDryerHookup
Rent: $1449.00
Square Footage: 775
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator, Storage, WasherDryerHookup
Rent: $1549.00
Square Footage: 775
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Range
Rent: $1345.00
Square Footage: 775
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 2
Rent: $1345.00
Square Footage: 775
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator, WasherDryer
Rent: $1425.00
Square Footage: 775
Total Units: 1
Unit Type 7:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator
Rent: $1195.00
Square Footage: 450
Total Units: 1
Unit Type 8:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator, WasherDryerHookup
Rent: $1400.00
Square Footage: 650
Total Units: 1

Feature Descriptions

Days on Site: 11
Exterior: Brick
Gross Income: $133016.00 (Actual)
Hot Water: Electricity
Lot: Level
Lot Dimensions: 12197
Net Income: $92953.00 (Actual)
Operating Expenses: $43360.00 (Actual)
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Special View Info: Territorial
Storage: Attached
Units: 8
Water: Public Water

Local Schools

High School: Milwaukie
Middle School: Rowe
Elementary School: Other

Listed By / Shown By

Listed By

Agency Name: Brantley Christianson Real Estate
Agency Contact: 503-616-8122

Shown By

Agent Name: Tina Roberts Broker
Agent Phone: (541) 419-9022
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 9,243.58 per month $7,928.66 Principal & Interest $857.58 Property Tax $457.33 Homeowner's Insurance

Change Payment Information

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550 NW Franklin Ave., Suite 108
Bend, OR 97703
(541) 419-9022
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 1:31:30 AM EST) or RMLS (last updated Thu 03/19/2026 1:29:17 AM EST) or COAR/MLSCO (last updated Thu 03/19/2026 1:21:23 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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