#499714654, Javier Alomia, Listing Office: Real Broker
14124 SE Mill St Portland, OR 97233
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
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
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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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$525,000
14124 SE Mill St
$6,234
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 19, 2012 | Home Sold | $198,900 |
Tax history
Year | Assessment | Property 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.
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.
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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.