3942 SE MONROE ST, Milwaukie, OR 97222

  • Active

 $650,000

  • 5 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,480 Sq.Ft.
  • Multi-Family
  • Active
  • MLS# 484752530
  • Sold On
  • Rental
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Source MLS Verified

PROPERTY DESCRIPTION

Fabulous investment opportunity with this well maintained duplex, positioned in a desirable and growing location! The 3944 side features a spacious three bedroom one bathroom unit, while 3942 offers a charming two bedroom one bathroom unit. Each unit with a separate garage, parking, access to backyard space, dishwashers and washer/dryer. Both units are currently occupied by reliable tenants on annual leases, who have established a proven track record of residency. Their expressed desire to stay long-term has ensured a steady stream of rental income, minimizing turnover costs. This well-cared-for duplex represents a prime investment opportunity! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10204906]

Property Details

General

  • Subdivision: ARDENWALD
  • Area: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
  • County: Clackamas
  • Beds: 5
  • Year Built: 1981
  • Sq. Ft.: 1,480
  • Lot Description: Level
  • Garage/Parking Spaces: 0.00

Schools

  • Elementary: Ardenwald
  • Middle: Rowe
  • High: Milwaukie

Financial Considerations

  • Tax Amount: $3,815
  • Tax Year: 2025

Activity

  • Days On Market: 111
  • List Date: 07/10/2026
 

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