Wonderful Investment Opportunity in a Quiet & Convenient Milwaukie Location! One unit has been completely remodeled! Kitchen with Quartz counters, new cabinets, & new appliances. New flooring throughout, updated bathroom, fresh paint, & new light fixtures. Great set up with side by side 1 story units plus carport parking. Large lot w/potential to add up to 2 more units, check with city for details. Located on a dead end street across from Rowe Middle School. Convenient access to HWY 99 & 224. Close to all that downtown Milwaukie has to offer- restaurants, shops, farmer's market, & Milwaukie Bay Park. Estimated rent of $2,000 per month for remodeled unit. HES = 6!
Single-familyProperty Type
1963Year Built
6,534 sq ftLot Size
$392Est. Price/Sq.Ft.
2 spacesParking
Listed by Jon Sanford• Berkshire Hathaway HomeServices NW Real Estate
Bought with Alexander Clark• Keller Williams Realty Portland Premiere
Source:RMLS #23020896
Redfin Estimate
$583,177
$58K since sold in December 2025$3,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 10% higher than the average sale price ($530K) of 5 comparable homes.
Wonderful Investment Opportunity in a Quiet & Convenient Milwaukie Location! One unit has been completely remodeled! Kitchen with Quartz counters, new cabinets, & new appliances. New flooring throughout, updated bathroom, fresh paint, & new light fixtures. Great set up with side by side 1 story units plus carport parking. Large lot w/potential to add up to 2 more units, check with city for details. Located on a dead end street across from Rowe Middle School. Convenient access to HWY 99 & 224. Close to all that downtown Milwaukie has to offer- restaurants, shops, farmer's market, & Milwaukie Bay Park. Estimated rent of $2,000 per month for remodeled unit. HES = 6!
Year
Property tax
Land + Additions
Assessment*
2025
$4,420 (+3.5%)
2024
$4,269 (+2.9%)
2023
$4,149 (+5.3%)
2022
$3,942 (+3.6%)
2021
$3,804 (+3.2%)
2020
$3,686 (+1.5%)
2019
$3,631 (+12.5%)
2018
$3,229 (+2.9%)
2017
$3,136 (+3.5%)
2016
$3,031 (+5.0%)
2015
$2,886 (+5.4%)
2014
$2,737 (+2.5%)
2013
$2,670 (+2.5%)
2012
$2,605 (+0.9%)
2011
$2,582 (+5.6%)
2010
$2,446
2009
$2,446
Tax history for 12472 SE Shell Ln
Year
Property tax
Land + Additions
Assessment*
2025
$4,420 (+3.5%)
2024
$4,269 (+2.9%)
2023
$4,149 (+5.3%)
2022
$3,942 (+3.6%)
2021
$3,804 (+3.2%)
2020
$3,686 (+1.5%)
2019
$3,631 (+12.5%)
2018
$3,229 (+2.9%)
2017
$3,136 (+3.5%)
2016
$3,031 (+5.0%)
2015
$2,886 (+5.4%)
2014
$2,737 (+2.5%)
2013
$2,670 (+2.5%)
2012
$2,605 (+0.9%)
2011
$2,582 (+5.6%)
2010
$2,446
2009
$2,446
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RMD
Moderate Density Residential Zone
The moderate density residential zone is intended to create, maintain, and promote neighborhoods and allow a broad range of housing types. Some non-residential uses are allowed, but overall the character is one of residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Radiant Ceiling
Exterior
Exterior Information
Foundation Type: Concrete
Building Construction Quality: Below Average
Exterior Wall: Wood Shake/Shingle
Building Type: Duplex
Property Information
Living Sq. Ft: 1,488
Legal Description: SECTION 36 TOWNSHIP 1S RANGE 1E QUARTER DD TAX LOT 04901
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,534
Legal Lot Number: 4901
School Tax District: SCH NO CLACK
Municipality Name: MILWAUKIE
Acres: 0.15
Zoning Code: R10
County Use Description: RESIDENTIAL PROPERTY IMPROVED
Financial
Assessor Information
Assessment Year: 2025
Tax Area: MILWAUKIE
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,488
Stories: —
Lot Size: 6,534 square feet
Style: Single Family Residential
Year Built: 1963
Year Renovated: —
County: Clackamas County
APN: 01595107
Home facts updated by county records on Jun 18, 2026
Around this home
Schools
Places
Transit
Milwaukie El Puente Elementary School
Public K-5 • Assigned • 0.8mi
6/10
Rowe Middle School
Public 6-8 • Assigned • 0.1mi
3/10
Milwaukie High School
Public 9-12 • Assigned • 0.8mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
18 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97222
Average low and high temperatures (°F)
48
36
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58
43
65
44
71
49
77
54
84
58
84
60
78
56
64
47
54
43
51
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$555,000 – $671,000
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