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$1,568,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 hours ago
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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!

Full Property Details for 2507 SE Monroe St

General

  • Price: $1,568,000
  • Taxes: $10,291 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 319345699
  • Updated: 3/7/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds, Trash Collection

Parking

  • Total Spaces: 12
  • Parking Features: Off Street

Location

  • County: Clackamas
  • Driving Directions: SE 25th Ave & Monroe st

School Information

  • Elementary School: Other
  • Middle School: Rowe
  • High School: Milwaukie

Community

  • Community Name: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 6,000
  • Year Built: 1963
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,196
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Lot Dimensions: 12197
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $43,360
  • Tax Amount: $10,291.42
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SECTION 36 TOWNSHIP 1S RANGE 1E QUARTER BB TAX LOT 00800
  • Disclosures/Reports: Disclosure
  • Property ID: 26741

Listed by Brantley Christianson Real Estate (503) 893-9787, Chunjuan Ye (541) 220-6816

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Listing agent

— 2507 SE Monroe St —

  • Chunjuan Ye

    Brantley Christianson Real Estate

    503-893-9787

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2507 SE Monroe St

School District:North Clackamas School District 12
NameGradesDistance
Milwaukie El Puente Elementary School
11250 Southeast 27th Avenue, Milwaukie, OR 97222
K-50.3 mi
Rowe Middle School
3606 Southeast Lake Road, Milwaukie, OR 97222
6-81 mi
Milwaukie High School
2301 Southeast Willard Street, Milwaukie, OR 97222
9-120.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2507 SE Monroe St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/06/2026
Listed
$1,568,000
16.15%
MLS
9/16/2021
Sold
$1,350,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2507 SE Monroe St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,291
4%
$467,696
3%
2024
$9,939
3%
$454,074
3%
2023
$9,661
9%
$440,849
6%
2021
$8,857
-3%
$415,543
-3%
2022
$9,178
4%
$428,009
6%
2021
$8,857
5%
$403,440
3%
2019
$8,453
12%
$391,690
3%
2018
$7,517
3%
$380,282
3%
2017
$7,302
3%
$369,206
3%
2016
$7,057
5%
$358,452
3%
2015
$6,720
5%
$348,012
3%
2014
$6,373
3%
$337,876
3%
2013
$6,217
—
$328,035
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Brantley Christianson Real Estate (503) 893-9787, Chunjuan Ye (541) 220-6816

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2507 SE Monroe St, Milwaukie, OR 97222 (MLS# 319345699) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 2507 SE Monroe St is currently listed for $1,568,000 and was received on March 06, 2026. Want to learn more about 2507 SE Monroe St? Do you have questions about finding other Multi-Family real estate for sale in Northwest Heights? You can browse all Northwest Heights real estate or contact a Coldwell Banker agent to request more information.

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