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$525,000
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Property Description
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.
Full Property Details
Full Property Details for 14124 SE Mill St
General
- Price: $525,000
- Taxes: $5,524 (2024)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 778131711
- Updated: 5/17/2025
- Added to Site: 245 day(s) ago
Interior
- Interior Features: Hardwood Floors, Laundry, Wall to Wall Carpet, Washer/Dryer
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Disposal, Free-Standing Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 14 x 11, Main, 154 Sq. Ft.
- Bedroom 2: 12 x 15, Main, 180 Sq. Ft.
- Bedroom 3: 9 x 10, Main, 90 Sq. Ft.
- Bedroom 4: 14 x 13, Lower, 182 Sq. Ft.
Other Rooms
- Living Room: 14 x 19, Main, 266 Sq. Ft.
- Kitchen: 10 x 9, Main, 90 Sq. Ft.
- Dining Room: 8 x 12, Main, 96 Sq. Ft.
- Laundry: 9 x 10, Lower
Exterior
- Exterior Features: Covered Deck, Fenced, Tool Shed, Yard
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 1
- Parking Features: Driveway, Off Street
Location
- County: Multnomah
- Driving Directions: between Division and Stark
School Information
- Elementary School: Lincoln Park
- Middle School: Ron Russell
- High School: David Douglas
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Daylight Ranch, Ranch
- Basement Desc.: Exterior Entry, Finished, Separate Living Quarters/Apartment/Aux Living Unit
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,200
- Year Built: 1956
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Corner Lot, Level, Private, Trees
Financial Considerations
- Tax Amount: $5,524.38
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: WINVILLE, BLOCK 1, LOT 2
- Disclosures/Reports: Disclosure
- Property ID: R310591
Listed by Opt (503) 908-4908, Drew Coleman (503) 908-4908
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Schools
Schools serving 14124 SE Mill St
School District:David Douglas School District 40
| Name | Grades | Distance |
|---|---|---|
Lincoln Park Elementary School 13200 Southeast Lincoln Street, Portland, OR 97233 | PK-5 | 0.4 mi |
Ron Russell Middle School 3955 Southeast 112th Avenue, Portland, OR 97266 | 6-8 | 1.9 mi |
David Douglas High School 1001 Southeast 135th Avenue, Portland, OR 97233 | 9-12 | 0.6 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 14124 SE Mill St
Date
Details
Price
Change
Source
5/17/2025
Listed
$525,000
163.95%
MLS
3/16/2012
Sold
$198,900
—
Public Record
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
Tax History for 14124 SE Mill St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,767
4%
$238,510
3%
2024
$5,524
5%
$231,570
3%
2023
$5,284
7%
$224,830
6%
2021
$4,927
-2%
$211,940
-3%
2022
$5,009
2%
$218,290
6%
2021
$4,927
14%
$205,770
3%
2019
$4,321
9%
$199,780
8%
2018
$3,977
4%
$184,190
3%
2017
$3,831
3%
$178,830
3%
2016
$3,730
3%
$173,630
3%
2015
$3,624
8%
$168,580
3%
2014
$3,370
14%
$163,670
3%
2013
$2,955
—
$158,910
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14124 SE Mill St
14124 SE Mill St, Portland, OR 97233 (MLS# 778131711) is a Single Family property with 3 bedrooms and 2 full bathrooms. 14124 SE Mill St is currently listed for $525,000 and was received on May 17, 2025. Want to learn more about 14124 SE Mill St? Do you have questions about finding other Single Family real estate for sale in Hazelwood? You can browse all Hazelwood real estate or contact a Coldwell Banker agent to request more information.

