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Listing provided courtesy of Epique Realty- MLS# 220223346MLS Provider

129 S Milwaukie Avenue #129, 131 ,131 1/2Hines, OR 97738

Multi-Family · 2,432 Sq. ft. | 0.36 Acres
$320,000 Active

129 S Milwaukie Avenue #129, 131 ,131 1/2 Overview

Time on Site:
16 days
Visits:
1

Rare multifamily opportunity in Hines featuring 3 recognized addresses (129, 131, & 131½ S Milwaukie Ave) with separate entrances & utility meters, for significant value-add potential. The property currently includes 2 livable units plus a 3rd unfinished unit with electrical service & plumbing in place. The unfinished unit offers an excellent opportunity for additional rental income, multigenerational living, guest quarters, or expanded living space upon completion. Situated on a large city lot, the property offers over 2,400 square feet of existing living space & flexible configuration options rarely found in today's market. While updates & improvements remain, much of the groundwork has been started, creating an opportunity for investors, contractors, or owner-occupants to build equity through completion & modernization. Whether you're looking for rental income, a value-add investment, or flexible living arrangements, this property offers possibilities that are difficult to find

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129 S Milwaukie Avenue #129, 131 ,131 1/2 Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,432
  • Price/Sq.ft. $132
  • Lot 0.36 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Henry L Slater Elem
  • Middle Or Junior School: Hines Middle
  • High School: Burns High

Building Information

  • New Construction: false
  • Year Built: 1966

Location/Region

  • County Or Parish: Harney
  • Subdivision Name: Stafford Derbes &Roy

Tax Information

  • Tax Annual Amount: 2930.7
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 30548
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2432.0

General Information

  • Common Walls: 1 Common Wall
  • Flooring: Carpet,Concrete,Vinyl
  • Foundation Details: Concrete Perimeter
  • Levels: One

Unit Information

  • Unit Number: 129, 131 ,131 1/2

Exterior

Parking Information

  • Parking Features: Attached,Attached Carport,Driveway,Gravel,Workshop in Garage

Lot Information

  • Additional Parcels: false
  • Lot Size Acres: 0.36
  • Lot Size Area: 0.36
  • Lot Size Square Feet: 15681.6
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: true
  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

129 S Milwaukie Avenue #129, 131 ,131 1/2 Neighborhood

Community

97738 (Hines) Demographics

45
Median Age
28
Population Density (per sq. mile)
30%
College Educated
$62,367
Estimated Median Income
699
Estimated Total Home Owners
124
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

129 S Milwaukie Avenue #129, 131 ,131 1/2 Monthly Cost

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$ %
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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.

129 S Milwaukie Avenue #129, 131 ,131 1/2 Market Data

Based on the last 30 days in this zip code

$660,000
Average List Price
$436
Average Price per Square Foot
0
Properties Sold
299
Average Days on Market
1
Properties for Sale
Calculations provided by Reliance Network

129 S Milwaukie Avenue #129, 131 ,131 1/2 History

Date Event Value Agent
6/26/2026Source: Oregon Datashare Price Reduction
$320,000 -5.9%
6/18/2026Source: Oregon Datashare Price Reduction
$340,000 -2.9%
6/14/2026Source: Oregon Datashare Added to Database
June 14, 2026