$525,000

14124 SE Mill St Portland, OR 97233

$6,234
Closing credit¹
3 beds
2 full
2,200 sqft
0.2 acres
$239 / sqft
House

Property details

About 14124 SE Mill St

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.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,200 sqft
BasementYes
Lot size0.22 Acres
Year built1956
ParkingDriveway, Street Parking
MLS #778131711
Attached garage1 space
FireplaceWood Burning

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Range
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Laundry, Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, Street Parking
  • Exterior: Covered Deck, Fence, Tool Shed, Yard
  • Architectural Style: Daylight Ranch, Ranch
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $525,000
  • Price/SqFt: $238
  • Annual Tax Amount: $5,284
  • Tax Year: 2023
  • Lot: Corner Lot, Level, Private, Trees
  • Directions: between Division and Stark
  • Year Built: 1956
  • Stories: 2
  • Living Area: 2,200 SqFt
  • Lot Size: 0.22 Acres
  • MLS Number: 778131711
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Opt
  • Office Phone: (503) 908-4908
  • Listing Agent: Drew Coleman

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 1:00:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with roof with shingles, a chimney, a garage, and a front lawn

$525,000

14124 SE Mill St

$6,234

closing credit¹

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Price information

Property sales

DateEventPrice
Mar 19, 2012
Home Sold
$198,900

Tax history

YearAssessmentProperty Tax
2023$224,830$5,284
2022$218,290$5,009
2021$211,940$5,009
2020$205,770$4,926
2018$184,190$3,977
2017$178,830$3,830

History based on county public records data.

Nearby schools

3

Lincoln Park Elementary School

Public District PK-5

0.4 mi

13200 SE Lincoln St

6

Arthur Academy

Public Charter KG-5

0.4 mi

13717 SE Division St

4

Parklane Elementary School

Public District KG-5

0.9 mi

15811 SE Main St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,880. Typical income of Portland, OR residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

32%
<35k
53%
35k-100k
12%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
16%
Single, with Kids
21%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • H&MH&M
  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 14124 SE Mill St

The listing price of 14124 SE Mill St property is $525,000.

The property 14124 SE Mill St is a house located in Portland, Oregon, 97233.

Active Listing: 14124 SE Mill St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 14124 SE Mill St are: Lincoln Park Elementary School (GreatSchools Rating 3/10), Arthur Academy (GreatSchools Rating 6/10), Parklane Elementary School (GreatSchools Rating 4/10), Oliver Middle School (GreatSchools Rating 5/10), Floyd Light Middle School (GreatSchools Rating 5/10), Ron Russell Middle School (GreatSchools Rating 3/10), David Douglas High School (GreatSchools Rating 3/10), Centennial High School (GreatSchools Rating 4/10), Leodis V. McDaniel High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $5,284 (source: MLS/based on county public records data).

The last sale was on March 19, 2012 for $198,900 (source: MLS/tax record).

The property at 14124 SE Mill St has 3 bedrooms and 2 bathrooms.

The property 14124 SE Mill St is 2,200 SqFt (source: MLS/tax record).

The year of construction for 14124 SE Mill St is 1956.

This home is located at 14124 SE Mill St in Portland, OR and zip code 97233 in the East Portland neighborhood. This 2,200 square foot home, which was built in 1956, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $525,000.

In April 2025 more than 338 listings in Portland, OR were sold above the asking price. During the same period more than 186 listings were sold at asking price, while more than 313 were sold below. In April 2025 in Portland, OR there were 18.3% more homes for sale than in March. In April 2025 median list price was $549,429 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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