Unique opportunity to own 12 homes built as six duplexes for rent. Each unit contains 1125 sq. ft, 3 bedrooms, 2.5 baths. Built in 1997 and located Happy Valley, Oregon. Situated across from landscaped park, these homes are in high demand. Current 2023 rent roll = $22,490/mo. = 5.5 cap. Private fenced back yards. Direct access to I-205 and Clackamas Town Center and Kaiser Hospital.
Sold
$3,252,400
14198 SE Summerfield Loop, Happy Valley, OR 97086
36beds
13,500sqft
Multi Family
Built in 1997
-- sqft lot
$2,231,200 Zestimate®
$241/sqft
$1,699 Estimated rent
Home value
$2,231,200
$1.87M - $2.63M
$1,699/mo
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$1,699/mo
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$19,391/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: June 18, 2023 at 11:23am
Listed by:
Bret Bocci 503-659-3300,
Suntree Inc., Realtors,
Robert Bocci 503-659-3300,
Suntree Inc., Realtors
Bought with:
Chris Shepard, 201012092
Uptown Properties, LLC
Source: RMLS (OR),MLS#: 23150473
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 36
- Bathrooms: 36
- Full bathrooms: 24
- Partial bathrooms: 12
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater, Tank Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 13,500
- Total interior livable area: 13,500 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Off Site
- Has garage: Yes
Features
- Stories: 2
- Has view: Yes
- View description: Park/Greenbelt, Valley
Lot
- Features: Bluff, Corner Lot, Gentle Sloping, Trees, Acres 1 to 3
Details
- Parcel number: 01740076
- Zoning: VR57
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1997
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Unknown
Community
- Community features: Basketball Court, Recreation Facilities
Location
- Region: Happy Valley
HOA & financial
Other financial information
- Total actual rent: 22500
Other
Other facts
- Listing terms: Cash
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2025 | Listing removed | $2,495 |
Source: Zillow Rentals Report a problem | ||
| 3/7/2025 | Listed for rent | $2,495 |
Source: Zillow Rentals Report a problem | ||
| 3/7/2025 | Listing removed | $2,495 |
Source: Zillow Rentals Report a problem | ||
| 2/9/2025 | Listed for rent | $2,495 |
Source: Zillow Rentals Report a problem | ||
| 2/6/2025 | Listing removed | $2,495 |
Source: Zillow Rentals Report a problem | ||
| 1/22/2025 | Listed for rent | $2,495+56.4% |
Source: Zillow Rentals Report a problem | ||
| 6/16/2023 | Sold | $3,252,400-6.9%$241/sqft |
Source:  RMLS (OR) #23150473 Report a problem | ||
| 3/9/2023 | Pending sale | $3,495,000$259/sqft |
Source: RMLS (OR) #23150473 Report a problem | ||
| 3/6/2023 | Listed for sale | $3,495,000+2630.5%$259/sqft |
Source: RMLS (OR) #23150473 Report a problem | ||
| 1/27/2017 | Listing removed | $1,595 |
Source: Daystar Property Management, LLC Report a problem | ||
| 1/21/2017 | Listed for rent | $1,595+16% |
Source: Daystar Property Management, LLC Report a problem | ||
| 5/26/2015 | Listing removed | $1,375 |
Source: Daystar Property Management, LLC Report a problem | ||
| 5/23/2015 | Price change | $1,375-6.8% |
Source: Daystar Property Management, LLC Report a problem | ||
| 3/21/2015 | Price change | $1,475+18.5% |
Source: Daystar Property Management, LLC Report a problem | ||
| 3/15/2015 | Listed for rent | $1,245 |
Source: Daystar Property Management, LLC Report a problem | ||
| 7/31/1997 | Sold | $128,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,123 +3.6% | $212,685 +3% |
| 2024 | $3,980 +2.8% | $206,491 +3% |
| 2023 | $3,870 +5.5% | $200,477 +3% |
| 2022 | $3,666 +3.7% | $194,638 +3% |
| 2021 | $3,536 +5.1% | $188,969 +3% |
| 2020 | $3,365 +1.3% | $183,466 +3% |
| 2019 | $3,321 +11.7% | $178,123 +3% |
| 2018 | $2,972 | $172,935 +3% |
| 2017 | $2,972 +6.8% | $167,898 +3% |
| 2016 | $2,784 | $163,008 +3% |
| 2015 | $2,784 +2.8% | $158,260 +3% |
| 2014 | $2,708 +12.2% | $153,650 +3% |
| 2013 | $2,413 -6.3% | $149,175 -1.7% |
| 2012 | $2,574 +0.2% | $151,789 +3% |
| 2011 | $2,568 +5.6% | $147,368 +3% |
| 2010 | $2,433 +3% | $143,076 +3% |
| 2009 | $2,361 +6.3% | $138,909 +3% |
| 2008 | $2,221 +1.3% | $134,863 +3% |
| 2007 | $2,192 +11.1% | $130,935 +3% |
| 2006 | $1,973 +1.4% | $127,121 +3% |
| 2005 | $1,947 +2.8% | $123,418 +3% |
| 2004 | $1,893 +1.8% | $119,823 +3% |
| 2003 | $1,860 -4.7% | $116,333 +3% |
| 2002 | $1,952 +12.3% | $112,945 +3% |
| 2001 | $1,739 +1.9% | $109,655 +3% |
| 2000 | $1,707 | $106,461 |
Find assessor info on the county website
Neighborhood: 97086
Nearby schools
GreatSchools rating
- 10/10Scouters Mountain Elementary SchoolGrades: K-5Distance: 1.9 mi
- 4/10Happy Valley Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Adrienne C. Nelson High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Spring Mountain
- Middle: Happy Valley
- High: Clackamas
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,231,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,231,200
- Oregon
- Clackamas County
- Happy Valley
- 97086
- 14198 SE Summerfield Loop