12600 SE Freeman Way Unit 44
Milwaukie, OR 97222
- 3 beds
- 2 baths
- 1,103 sqft
- $233 per sqft
- 1980 build
- – on site
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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.
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Last updated Dec 10, 2024
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MLS# 24410791 —
The Building
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Year Built:1980
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New Construction:false
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Architectural Style:Traditional
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Roof:Composition
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Stories:1
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Basement:None
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Foundation Details:ConcretePerimeter
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Exterior Description:CementSiding
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Exterior Features:CoveredDeck, InGroundPool, Yard
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Window Features:VinylFrames
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Condominium Unit Level:2
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Condominium Floor Plan:OneLevel
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Condominium Deck Area:60
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Condominium Deck Dimensions:12 x 5
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Condominium Elevator:false
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Stories Total:3
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Unit Location:UpperFloor
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Unit Number:44
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Floor Number:2
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Building Area Description:County
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Building Area Total:1103.0
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Building Area Calculated:1103
Interior
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Interior Features:CeilingFan, GarageDoorOpener, Laundry, WalltoWallCarpet
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:WoodBurning
Room Dimensions
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Main Level Area Total:1103
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Highway 224 South on Freeman Way, Condos on the west side of Freeman. Building 5
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Latitude:45.434056
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Longitude:-122.617093
The Property
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Parcel Number:00096078
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:UpdatedRemodeled
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Lot Features:Commons, Trees
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View:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 756-4738
- Office phone:
- (503) 744-0000
Taxes
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Tax Year:2023
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Tax Legal Description:2551 NORTHRIDGE CONDO STAGE II UNIT 220
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Tax Annual Amount:3138.28
Beds
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Bedrooms Total:3
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:2.0
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Full Baths Main Level:2
Heating & Cooling
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Heating:Baseboard
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:PublicWater
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Fuel Description:Electricity
Appliances
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Appliances:Dishwasher, Disposal, FreeStandingRange, FreeStandingRefrigerator, PlumbedForIceMaker, SolidSurfaceCountertop
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Condominium Washer Dryer:HookupAvailable
Schools
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Elementary School:Milwaukie
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Middle Or Junior School:Rowe
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High School:Milwaukie
The Community
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Subdivision Name:NORTHRIDGE CONDOS - Building 5
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Senior Community:false
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Association Amenities:Commons, ExteriorMaintenance, MaintenanceGrounds, Management, PartyRoom, Pool, Sewer, SpaHotTub, Trash, Water
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Condominium Concierge:false
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Association Fee:501.0
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Association Fee Frequency:Monthly
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Condominium Units In Complex:75
Parking
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:1.0
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Condominium Garage Type:Deeded
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Parking Total:1.0
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Parking Features:OffStreet
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/9/24
Dec 9, 2024
|
Sold | RMLS | $257,000 | |
|
11/13/24
Nov 13, 2024
|
Pending | RMLS | $257,000 | |
|
10/21/24
Oct 21, 2024
|
Price Changed | RMLS | $257,000 | -4.8% |
