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$599,500 -$25,500 (-4.08%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 21 hours ago
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Why choose between buying a home and beginning your investment journey when you can explore the possibilities of both? This inviting duplex offers a unique opportunity to move into the vacant 1-bedroom, 1-bath unit while the 3-bedroom, 1-bath unit is currently tenant-occupied. The 1-bedroom unit comes fully furnished and features a new mini-split system, making it comfortable, convenient, and truly move-in ready. Both units offer light-filled interiors, a clean and welcoming feel, and thoughtful updates throughout. Outside, the large lot provides plenty of room to enjoy, while the two-car garage offers valuable space for parking, storage, or a workshop. Whether you're looking for a home or an investment, this versatile property offers flexibility, existing tenancy, and strong future potential.

Full Property Details for 5411 SE Thiessen Rd

General

  • Price: $599,500
  • Taxes: $4,442 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 482360584
  • Updated: 11/7/2026
  • Added to Site: 81 day(s) ago

Rental Information

  • Rent Includes: None

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway, Off Site

Location

  • County: Clackamas
  • Driving Directions: Oatfield RD to ThIessen RD

School Information

  • Elementary School: View Acres
  • Middle School: Alder Creek
  • High School: Putnam

Community

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

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Mini Split
  • Heating Type: Forced Air
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 2
  • Year Built: 1946
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level, Private

Financial Considerations

  • Operating Expenses: $4,442
  • Tax Amount: $4,442.22
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, Other, VA Loan

Disclosures and Reports

  • Legal Description: 374 ALDER CREST ACRES PT LTS 1&2 BLK 1
  • Disclosures/Reports: Disclosure
  • Property ID: 445593

Listed by eXp Realty, LLC (888) 814-9613, Daniel Garrett (503) 881-2815 and eXp Realty, LLC (888) 814-9613, Kristy Garrett (503) 553-9283

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Listing agents

— 5411 SE Thiessen Rd —

  • Daniel Garrett

    eXp Realty, LLC

    888-814-9613

  • Kristy Garrett

    eXp Realty, LLC

    888-814-9613

503-881-2815

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with our affiliated lender
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

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 5411 SE Thiessen Rd

School District:North Clackamas School District 12
NameGradesDistance
View Acres Elementary School
4828 SE View Acres Rd, Milwaukie, OR 97267
K-50.3 mi
Alder Creek Middle School
13801 SE Webster Rd, Milwaukie, OR 97267
6-80.8 mi
Putnam High School
4950 Southeast Roethe Road, Milwaukie, OR 97267
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5411 SE Thiessen Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/07/2026
Price Reduced
$599,500
-4.08%
MLS
8/19/2026
Listed
$625,000
41.56%
MLS
11/01/2022
Sold
$441,500
—
Public Record
Get Price Alerts and Save Property
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 5411 SE Thiessen Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,442
4%
$235,625
3%
2024
$4,284
3%
$228,763
3%
2023
$4,162
-24%
$222,100
6%
2021
$5,509
40%
$209,352
-3%
2022
$3,937
-29%
$215,632
22%
2021
$5,509
75%
$177,410
3%
2019
$3,157
14%
$172,243
3%
2018
$2,759
3%
$167,226
3%
2017
$2,669
4%
$162,355
3%
2016
$2,572
-18%
$157,626
3%
2015
$3,154
5%
$153,035
3%
2014
$2,993
1%
$148,578
3%
2013
$2,951
—
$144,250
—
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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Be ready to buy your new home!

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NMLS#: 1598647

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Listed by eXp Realty, LLC (888) 814-9613, Daniel Garrett (503) 881-2815 and eXp Realty, LLC (888) 814-9613, Kristy Garrett (503) 553-9283

5411 SE Thiessen Rd, Milwaukie, OR 97267 (MLS# 482360584) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 5411 SE Thiessen Rd is currently listed for $599,500 and was received on August 19, 2026. Want to learn more about 5411 SE Thiessen Rd? Do you have questions about finding other Multi-Family real estate for sale in Milwaukie? You can browse all Milwaukie real estate or contact a Coldwell Banker agent to request more information.

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