12 units in two 6 unit buildings each on its own tax lot. Rare, single level apartment homes. Spcious floor plans with attached garages, Utility rooms, covered patio, off-street parking, fenced yards. No stairs on any unit. Current rent well below market. Many long term resident. Convenient to shopping & transportation. Projected CAP RATE at Market Rent = 7.32 with a GRM of 9.8
Multi-familyProperty Type
1966Year Built
$58Price/Sq.Ft.
1 car garageParking
Listed by Peter Clark• Keller Williams Realty Portland Premiere
Listed by Alexander Clark• Keller Williams Realty Portland Premiere
Bought with John McClung• Harcourts Real Estate Network Group
Lindsay Taylor • Keller Williams Realty Portland Elite
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Provided by Redfin
Sale history for 313 Warner Milne Rd
Date
Event
Price
Public Records
Dec 16, 2024
Sold
$2,300,000
$144/sq ft
RENT. #1
May 20, 2023
Rental Removed
—
RMLS #12009713
Jun 28, 2013
Sold
$920,000
$58/sq ft
Apr 29, 2013
Pending
—
Apr 19, 2013
Relisted
—
Apr 15, 2013
Pending
—
Apr 15, 2013
Relisted
—
Feb 12, 2013
Pending
—
Dec 10, 2012
Listed
$1,000,000
$63/sq ft
Public Records
Jan 1, 1990
Sold
$400,000
$25/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,606 (+10.2%)
2024
$7,806 (+2.5%)
2023
$7,616 (+6.0%)
2022
$7,182 (+4.2%)
2021
$6,893 (+2.9%)
2020
$6,697 (+2.2%)
2019
$6,555 (+5.2%)
2018
$6,229 (+2.7%)
2017
$6,068 (+1.9%)
2016
$5,957 (+2.6%)
2015
$5,806 (+2.9%)
2014
$5,641 (+3.0%)
2013
$5,476 (+4.0%)
2012
$5,268 (+3.6%)
2011
$5,086 (+2.1%)
2010
$4,982
2009
$4,982
Tax history for 313 Warner Milne Rd
Year
Property tax
Land + Additions
Assessment*
2025
$8,606 (+10.2%)
2024
$7,806 (+2.5%)
2023
$7,616 (+6.0%)
2022
$7,182 (+4.2%)
2021
$6,893 (+2.9%)
2020
$6,697 (+2.2%)
2019
$6,555 (+5.2%)
2018
$6,229 (+2.7%)
2017
$6,068 (+1.9%)
2016
$5,957 (+2.6%)
2015
$5,806 (+2.9%)
2014
$5,641 (+3.0%)
2013
$5,476 (+4.0%)
2012
$5,268 (+3.6%)
2011
$5,086 (+2.1%)
2010
$4,982
2009
$4,982
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.46 Acres
Year renovated
—
Sq. Ft.
—
Year built
1969
Style
Other
County
Clackamas County
APN
00847365
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
MUC1
Mixed-Use Corridor District
The mixed-use corridor MUC district is designed to apply along selected sections of transportation corridors such as Molalla Avenue, 7th Street, Beavercreek Road, and along Warner-Milne Road. Land uses are characterized by high-volume establishments such as retail, service, office, multi-family residential, lodging, recreation and meeting facilities, or a similar use as defined by the community development director. A mix of high-density residential, office, and small-scale retail uses are encouraged in this district. Moderate density MUC-1 options are available within the MUC zoning district. The area along 7th Street is an example of MUC-1