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Presented by: Keller Williams Realty Portland Elite Powered by Highrises

12600 SE Freeman Way Unit 44, Milwaukie, OR 97222 listing image 1

For Sale

$257,000

$13k

12600 SE Freeman Way Unit 44, Milwaukie, OR 97222

3Beds
2Baths
1103SqFt

3Beds
2Baths
1103SqFt

Property Type
Condo
Year Built
1980
HOA Fees
$501/mo
Price per Sqft
$233
On highrises
169 Days
Garage
1 Car

Property Details

This 3-bedroom, 2-bathroom condo presents an exceptional investment opportunity, especially for those seeking long-term value. With no rental cap, this property is ideal for investors looking to maximize returns through rental income. At a price well below the average cost per square foot compared to other complexes, this condo offers equity potential. The unit is move-in ready, featuring a spacious layout that appeals to a variety of tenants, including remote workers and families. Located in a desirable Milwaukie neighborhood, it offers close proximity to schools, major highways, public transportation, hospitals, shopping, and diningmaking it a prime location for renters seeking convenience. The community amenities, including a refreshing pool, park-like common areas, and a community garden, add to the propertys appeal, providing tenants with plenty of recreational opportunities. A resident-maintained flower garden adds charm to the exterior, while the included garage offers convenient parking. Inside, the condo features large windows that provide a view of the trees, an floor plan perfect for entertaining, and in-unit laundry for added convenienceall features that attract quality long term tenants. With its blend of functionality, location, and investment-friendly policies, this condo is a high-potential asset for any portfolio.

Property Features

Bedrooms

Bedrooms: 3
Primary Bedroom Dimensions: 12 x 12
Bedroom 2 Dimensions: 12 x 11
Bedroom 3 Dimensions: 12 x 11
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main

Bathrooms

Total Bathrooms: 2.0
Full Bathrooms: 2
Bathrooms On Main Level: 2.0
Full Bathrooms On Main Level: 2

Interior Features

CeilingFan
GarageDoorOpener
Laundry
WalltoWallCarpet
Window Features: VinylFrames

Appliances

Dishwasher
Disposal
FreeStandingRange
FreeStandingRefrigerator
PlumbedForIceMaker
SolidSurfaceCountertop

Heating and Cooling

Fireplace Features: WoodBurning
Heating Features: Baseboard
Heating Fuel: Electricity
Heating: Yes
Number of Fireplaces: 1
Water Heaters: Electricity

Kitchen and Dining

Dining Room Dimensions: 8 x 8
Dining Room Features: CeilingFan, GreatRoom
Dining Room Level: Main
Kitchen Dimensions: 8 x 8
Kitchen Features: Dishwasher, EatBar
Kitchen Level: Main

Other Rooms

Living Room Dimensions: 12 x 22
Living Room Level: Main
Living Room Features: Balcony, Fireplace, SlidingDoors

Exterior and Lot Features

CoveredDeck
InGroundPool
Yard
Road Surface Type: Paved

Land Info

Lot Description: Commons, Trees

Garage and Parking

Garage Spaces: 1
Garage Description: Detached
Parking Features: OffStreet
Parking Total: 1

Homeowners Association

Association: Yes
Association Amenities: Commons, ExteriorMaintenance, MaintenanceGrounds, Management, PartyRoom, Pool, Sewer, SpaHotTub, Trash, Water
Association Fee: 501
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 501

School Information

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

Condo Info

Unit Floor In Building: 2
Unit Location: UpperFloor

Other Property Info

Annual Tax Amount: 3138.280000000
Source Listing Status: Pending
County: Clackamas
Directions: Highway 224 South on Freeman Way, Condos on the west side of Freeman. Building 5
Tax Year: 2023
Source Property Type: Residential
Property Subtype: condo
Source Neighborhood: NORTHRIDGE CONDOS - Building 5
Parcel Number: 00096078
Subdivision: NORTHRIDGE CONDOS - Building 5
Property Subtype: Condominium
Source System Name: C2C

Building and Construction

Year Built: 1980
Building Area Total: 1103
Building Exterior Type: CementSiding
Foundation Details: ConcretePerimeter
Property Age: 44
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 1
Building Total Stories: 3
House Style: Traditional
Total Area Main: 1103
Architectural Style: Traditional

Utilities

Sewer: PublicSewer
Water Source: PublicWater

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
10/21/2024	Price Changed	$257,000	$233	RMLS
09/19/2024	Price Changed	$270,000	$245	RMLS
08/13/2024	Price Changed	$280,000	$254	RMLS
06/02/2024	Listed	$300,000	$272	RMLS
03/14/2016	Sold	$165,000	$150	RMLS
01/23/2016	Listed	$162,500	$147	RMLS
05/20/2004	Sold	$101,000	$91	RMLS

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
12600 SE Freeman Way Unit 10	$245.5K	2	1	903	903
1400 SE Lava Dr Apt 13	$299.9K	2	1	1088	1088
1400 SE Lava Dr Apt 22	$315K	2	2	1232	1232
2520 SE Linden Pl	$369K	3	3	1517	1517
12600 SE Freeman Way Unit 38	$266K	3	2	1071	1071
12600 SE Freeman Way Unit 4	$225K	1	1	792	792

Presented by:
Diana Ferguson
state license#200503157

Brokered by:
Keller Williams Realty Portland Elite
(503) 744-0000

Broker Location:

Clackamas

Data Source:

RMLS

Source's Property ID:

24410791

Data Source Copyright:

Also at 12600 SE Freeman Way

The Kelly Group Real Estate

For Sale

$225,000