About 2507 Se Monroe St
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!
Features of 2507 Se Monroe St
| MLS® # | 319345699 |
|---|---|
| Price | $1,500,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,000 |
| Acres | 0.28 |
| Year Built | 1963 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 2507 Se Monroe St |
|---|---|
| Area | 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada |
| City | Milwaukie |
| County | Clackamas |
| State | OR |
| Zip Code | 97222 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Off Street |
| View | Territorial |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Basement | Crawl Space |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Level |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Other |
|---|---|
| Middle | Rowe |
| High | Milwaukie |
Additional Information
| Date Listed | March 6th, 2026 |
|---|---|
| Days on Market | 200 |
| Zoning | R1B |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Brantley Christianson Real Estate |
|---|---|
| Contact Info | 503-616-8122 |