Listing provided courtesy of The Alpine Group, Inc.MLS# 765763162MLS Provider
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Exciting opportunity to own a charming side-by-side triplex in the Oak Grove area of Milwaukie. This well-positioned multifamily property offers three spacious 2-bedroom/1-bath units, each with a comfortable and functional layout designed for everyday living.Each unit features an open-concept living, dining, and kitchen area that flows seamlessly together, creating a welcoming and practical space. The dining area opens through a sliding glass door to a private fenced patio, offering each unit its own outdoor area for fresh air, morning coffee, or relaxing at the end of the day.The bedrooms are generously sized with carpeting and closet space, and the property also offers off-street parking and shared on-site laundry for added convenience.Located near Milwaukie amenities, shopping, services, and major transportation routes, this property offers strong rental appeal in a convenient Oak Grove location. With consistent 2-bedroom/1-bath layouts, private outdoor spaces, and full occupancy, this triplex presents an excellent opportunity for an investor seeking an income-producing multifamily property with long-term potential.Buyer to perform their own due diligence and verify all rents, lease terms, expenses, taxes, square footage, zoning, condition, financing, and future rent increase potential.

Source: Regional MLS, MLS#: 765763162

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  • Property Type
    Residential Income

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Alan DeVries

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  • Median Age
    45
  • Population Density
    4,418
  • College Educated
    40%
  • Estimated Median Income
    $70,170
  • Estimated Total Home Owners
    9,954
  • Estimated Total Renters
    3,932
  • Owner / Renter Divide
    72% / 28%
  • Estimated Average Household Size
    2
  • Total Population
    33,250
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/26/2026Source: Regional MLS Added to Database
June 26, 2026