UPCOMING EVENT:  1031 Exchange Class on Apr 1, 2026

3628 SE MILWAUKIE AVE Portland, OR 97202
Price:
$899,000
Units:
4
Unit 1:
1 Bed 1.0 Bath $1,675/mo
Features: Hardwood Floors, Range, Refrigerator, Storage
Unit 2:
1 Bed 1.0 Bath $1,800/mo
Features: Hardwood Floors, Range, Refrigerator, Storage
Unit 3:
1 Bed 1.0 Bath $1,550/mo
Features: Deck, Hardwood Floors, Range, Refrigerator
Unit 4:
1 Bed 1.0 Bath $1,525/mo
Features: Deck, Hardwood Floors, Range, Refrigerator
MLS#:
690752433
Lot Size:
3,000 to 4,999 SqFt
Type:
Multi
Zone:
CM2
Yr Built:
1912
Taxe/yr:
$11,273.76
County:
Multnomah
Status:
Active
Levels:
3
Heat:
WallHeater
Nhood/Bldg:
BROOKLYN
Elem:
Grout
Middle:
Hosford
High:
Cleveland
Lot Desc:
Level, On Busline
Area:
Portland Southeast
Courtesy of:
Move Real Estate Inc
Remarks:
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.
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