3628 SE Milwaukie Ave, Portland, OR, 97202

4beds
4baths
4,368sqft
$899,000
$206price/sqft
$5,889/moest. monthly cost
$235,560/yrincome needed

About This Home

Well-maintained and professionally managed Brooklyn 4-plex offering stable income, a history of low vacancy, and quality tenants in place. This vintage property has seen extensive upgrades, including a newer sewer line, newer roof, windows, and electrical panels. Each 1-bedroom unit features hardwood floors, large kitchens, big windows and lots of natural light! The upper unit’s covered decks overlook the neighborhood and lower unit’s basement bonus rooms add valuable square footage. All units have dedicated water heaters and are separately metered for gas and electric. The basement provides five storage lockers, bike storage, coin-operated laundry, and additional unfinished space with ample storage potential. The backyard patio and side yard offers unique on-site access for outdoor living and entertaining. Ideally located in one of Portland’s most walkable (89 walk score!) and bike-friendly (95 bike score!) neighborhoods, just steps to parks, coffee shops, restaurants. Don’t miss this excellent opportunity to own an income-producing asset in a highly desirable location.

Getting Around

89
WalkingVery Walkable
60
TransitGood Transit
95
BikeBiker's Paradise

Schools

9/10
Grout Elementary SchoolGrades K-51.0 mi
7/10
Hosford Middle SchoolGrades 6-81.0 mi
7/10
Cleveland High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1912

Materials

  • Foundation: Concrete Perimeter,Stem Wall
  • Roof: Composition
  • Construction materials: Cedar,Lap Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Refrigerator,Electric Water Heater,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Partially Finished,Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Storage
  • Flooring: Hardwood

Interior Area

  • Total structure area: 4,368
  • Total interior livable area: 4,368 sqft

Property

Details

  • Parcel number: R162511
  • Zoning: CM2

Features

  • Stories: 3
  • Patio & porch: Deck

Lot

  • Features: Level,On Busline,SqFt 3000 to 4999

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes