12600 SE FREEMAN WAY #44 Active Save Request In-Person Tour Request Virtual Tour
Milwaukie,OR 97222
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,103 sqft
Price per Sqft $233
Subdivision Northridge Condos - Building 5
MLS Listing ID 24410791
Style Traditional
Bedrooms 3
Full Baths 2
Condo Fees $501
HOA Fees $501/mo
Year Built 1980
Annual Tax Amount $3,138
Tax Year 2023
Property Description
This 3-bedroom, 2-bathroom condo presents an exceptional investment opportunity, especially for those seeking long-term value. With no rental cap, this property is ideal for investors looking to maximize returns through rental income. At a price well below the average cost per square foot compared to other complexes, this condo offers equity potential. The unit is move-in ready, featuring a spacious layout that appeals to a variety of tenants, including remote workers and families. Located in a desirable Milwaukie neighborhood, it offers close proximity to schools, major highways, public transportation, hospitals, shopping, and dining—making it a prime location for renters seeking convenience. The community amenities, including a refreshing pool, park-like common areas, and a community garden, add to the property’s appeal, providing tenants with plenty of recreational opportunities. A resident-maintained flower garden adds charm to the exterior, while the included garage offers convenient parking. Inside, the condo features large windows that provide a view of the trees, an floor plan perfect for entertaining, and in-unit laundry for added convenience—all features that attract quality long term tenants. With its blend of functionality, location, and investment-friendly policies, this condo is a high-potential asset for any portfolio.
Location
State OR
County Clackamas
Area _145
Rooms
Basement None
Interior
Interior Features Ceiling Fan, Garage Door Opener, Laundry, Wallto Wall Carpet
Heating Baseboard
Fireplaces Number 1
Fireplaces Type Wood Burning
Appliance Dishwasher, Disposal, Free Standing Range, Free Standing Refrigerator, Plumbed For Ice Maker, Solid Surface Countertop
Exterior
Exterior Feature Covered Deck, In Ground Pool, Yard
Garage Detached
Garage Spaces 1.0
Roof Type Composition
Parking Type Off Street
Garage Yes
Building
Lot Description Commons, Trees
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Milwaukie
Middle Schools Rowe
High Schools Milwaukie
Others
Senior Community No
Acceptable Financing Cash,Conventional,VALoan
Listing Terms Cash,Conventional,VALoan