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About this home
Fabulous investment opportunity to own one side of this well maintained duplex, positioned in a desirable and growing location! Sharing one wall, a separate garage, parking, access to backyard space, dishwasher and washer/dryer. Currently occupied by reliable tenants on an annual lease, who have established a proven track record of residency. Their expressed desire to stay long-term has ensured a steady stream of rental income, minimizing turnover costs. This well-cared-for unit represents a prime investment opportunity!
TownhomeProperty Type
1981Year Built
$316Price/Sq.Ft.
1 car garageParking
Listed by Kelly Fitzmaurice• Harnish Company Realtors
Hector Campbell, located between SE McLoughlin Blvd and the Willamette River, is a residential and river-adjacent Milwaukie neighborhood with a leafy street grid and a low-slung, midcentury feel. The neighborhood’s character concentrates around the SE McLoughlin Blvd and SE Lake Rd junction, where commuter traffic, river views, and small storefronts set a practical, on-the-go tone. Housing reads as a mix of ranch homes, compact postwar builds, and newer infill tucked behind mature trees. The river edge and nearby greenways shape daily routines with walking and cycling corridors. Community touchstones nearby include Milwaukie Cafe, Milwaukie Bowl, and the Milwaukie Farmers Market. The atmosphere stays grounded and local, with water and rail lines defining the geography.
Provided by Walk Score and Local Logic
Market insights
3942 SE Monroe St · $325,000
DAYS ON MARKET
1 days
The average home goes pending in 50 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
LIST PRICE
$325,000
Median sale price in this area is $435,975. (34% higher than this home)
PRICE DROP
0 price drops
24% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Washer/Dryer hookup present
Aluminum window frames
Crawl space basement
Bedrooms
Primary bedroom on the main level
Second bedroom on the main level
Bathrooms
One full bathroom on the main level
Kitchen
Dishwasher
Free‑standing range
Free‑standing refrigerator
Electric hot water
Laundry & utility
Washer/Dryer (listed under interior features)
Heating & cooling
Baseboard heating
No central cooling
Exterior features
Yard
Corner, level lot
Paved road frontage
Home design
Attached residential property
Resale home
Main living area on a single level
Parking
Driveway
Attached 1‑car garage
Construction
Built in 1981
Wood siding
Composition roof
Concrete perimeter foundation
Utilities
Electric fuel
Public water
Public sewer
Financial info
Rent amount listed as $1,585
Other
Zoning: R3
Electricity and solar
View estimated energy costs and solar savings for this home
Fabulous investment opportunity with this well maintained duplex, positioned in a desirable and growing location! The 3944 side features a spacious three bedroom one bathroom unit, while 3942 offers a charming two bedroom one bathroom unit. Each unit with a separate garage, parking, access to backyard space, dishwashers and washer/dryer. Both units are currently occupied by reliable tenants on annual leases, who have established a proven track record of residency. Their expressed desire to stay long-term has ensured a steady stream of rental income, minimizing turnover costs. This well-cared-for duplex represents a prime investment opportunity! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10204906]
Year
Property tax
Land + Additions
Assessment*
2025
$3,815 (+3.5%)
2024
$3,685 (+2.9%)
2023
$3,581 (+5.3%)
2022
$3,403 (+3.6%)
2021
$3,283 (+3.2%)
2020
$3,181 (+1.5%)
2019
$3,134 (+12.5%)
2018
$2,787 (+2.9%)
2017
$2,707 (+3.5%)
2016
$2,616 (+5.0%)
2015
$2,491 (+5.6%)
2014
$2,359 (+4.6%)
2013
$2,256 (+5.0%)
2012
$2,148 (−3.6%)
2011
$2,228 (+5.6%)
2010
$2,111
2009
$2,111
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,030
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,030
Year built
1981
Style
Townhouse
County
Clackamas County
APN
00021988
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 10, 2026.
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
Nov 20, 2015 • Final
Residential structural
Construct a new single-family home with a garage.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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 93° 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
51
37
58
43
65
44
71
49
77
54
84
58
85
61
78
56
64
47
54
43
51
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 7% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3942 SE Monroe St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $422,700 and $500,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $423K to $500K.