13455 SE Oatfield Rd, Milwaukie, OR 97222

Milwaukie
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
13455 SE Oatfield Rd,Milwaukie, OR 97222
$4,850,000
  • - Beds
  • - Baths
  • 27,650 sq. ft.
  • Multi-family
  • Active
Listed by: phillip barry
Office: barry investment real estate503-593-9707
MLS#:660527886
Source:PORTLAND

Price summary

  • Price:$4,850,000
  • Price per sq. ft.:$175.41

About this home

Driftwood Terrace Apartments is a 33-unit multifamily community located in the desirable Oak Grove / Milwaukie Heights area of Clackamas County. Constructed in 1965, the property features a low-density garden-style courtyard setting with mature landscaping and attractive grounds. The property offers a diverse unit mix consisting of studio, one-bedroom, two-bedroom, and three-bedroom apartment homes, with the majority of units comprised of spacious two-bedroom and three-bedroom floor plans.The property has benefited from significant capital investment during current ownership, including replacement of all roofs between 2016-2018, extensive deck reconstruction, stair and landing replacement, fencing improvements, and ongoing interior renovations. Ownership estimates that approximately 50% of the units have received varying levels of interior updates, creating an attractive balance between operational stability and future value-add potential through continued renovation and leasing of...

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Home facts

  • Year built:1965
  • Listing ID #:660527886
  • Added:96 day(s) ago
  • Updated:September 27, 2026 at 11:37 AM

Rooms and interior

  • Living area:27,650 sq. ft.

Structure and exterior

  • Roof:Flat
  • Year built:1965
  • Building area:27,650 sq. ft.
  • Lot area:2.1 Acres
  • Lot Features:Level
  • Levels:2 Stories

Schools

  • High school:Putnam
  • Middle school:Rowe
  • Elementary school:Oak Grove

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,850,000
  • Price per sq. ft.:$175.41
  • Tax amount:$40,412 (2025)

Parking

  • Parking description:Off Street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Realty Partners are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: September 27, 2026

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