3628 SE Milwaukie Ave, Portland, OR, 97202
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
Very Walkable
Good Transit
Biker's ParadiseSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,545 | $54,540 |
| Home Insurance * | $184 | $2,208 |
| Property Taxes | $764 | $9,168 |
| Electricity | $396 | $4,756 |
| Total | $5,889 | $70,668 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $899,000 |
| 2019-01-16 | Listing removed | $899,000 |
| 2018-12-31 | Pending sale | $899,000 |
| 2018-10-12 | Listed for sale | $899,000 |
| 2018-10-08 | Pending sale | $899,000 |
| 2018-09-28 | Listed for sale | $899,000 |
| 2018-09-21 | Pending sale | $899,000 |
| 2018-09-10 | Listed for sale | $899,000 |
| 1992-04-01 | Sold | $115,000 |
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