4545 SE INA AVE Milwaukie, OR $ 2,999,900
4545 SE INA AVE
$ 2,999,900
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4545 SE INA AVE

Milwaukie, OR, 97267
$ 2,999,900
Bedrooms10 Baths6.0 Sq 16,014

Monthly Estimate*

$ 20,955

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Multi-Family Home for sale in Milwaukie, OR

for $2,999,900 with 10 bedrooms and 6 full baths. This 16,014 square foot home was built in 1972 on a lot size of 0.54.

Jennings Lodge in Milwaukie is an 18 unit property built in 1972 and features 12- 2Bed/1Bath apartments and 6- 1Bed/1Bath apartments. New exterior paint 2023, new roof 2017, seal coat and stripe parking lot 2023 and 10 of 18 units have had interior updates over the last 3 years. Conveniently located just a half block to public transportation and easy freeway access to Hwy 205. Fully occupied, this courtyard style plex with it's central pergola, raised beds and benches, is close to local services, grocery, dining as well as parks and the river. Jennings Lodge is fully occupied with rental rates below the current market and is priced at $167K per door. It has 18 parking spots and two handicap spaces. Each unit has it's own storage and there is on site laundry. Current rents $20,275 per month.

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Multi-Family Active

Price

$ 2,999,900

Bedrooms

10

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.54

Year Built

1972

Town/City

Milwaukie

County/Region

Clackamas

MLS | Web ID

24095894

Features
General
Sewer PublicSewer
Heating Ceiling
Roof Composition
Zoning MR1
Garage Spaces 0
Year Built 1972
Stories 2
Tax Year 2023
Gross Income 208069.0
Community Features Commons Laundry
County Clackamas
Net Operating Income 141853.0
Operating Expense 66216.0
Property Type MultiFamily
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions SE McLoughlin Blvd East on SE Ina Ave
High School Oregon City
City Milwaukie
Total Units 18
MLS Area _145
Lot Size Square Feet 23522.0
Street Name INA
Listing Terms Cash Conventional
Elementary School Jennings Lodge
Tax Annual Amount 0
Middle/Junior High School Gardiner
Property Condition Approximately
Days on Market 42
Standard Status Active
Legal Description SECTION 18 TOWNSHIP 2S RANGE 2E QUARTER BC TAX LOT 01500
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Interior
Basement CrawlSpace
Storage IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit 5 Beds Total 2
Unit 6 Beds Total 2
Street Suffix AVE
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6
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Exterior
Parking Features Assigned OffStreet
Lot Features Level PublicRoad
Water Source PublicWater
Total Parking 18.0
Exterior Description LapSiding Stucco
Foundation Details ConcretePerimeter
Building Area Total 16014.0
Lot Size Acres 0.54
Road Surface Type Paved
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Internal Only
Street Number 1 4545
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* Excluded Features
List By
John L. Scott Portland Central

Broker

douglanders@johnlscott.com

Email

Affordability Calculator

$20,955
Per Month
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Monthly Principal & Interest
$20,955
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3253437 Elementary School
1949965 Middle School
Oregon City High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2024$2,999,900 Listed Price

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4545 SE INA AVE, Milwaukie, OR, 97267 is a Multi-Family Home for sale at $2,999,900 with 16,014 sqft and a lot size of 0.54. 4545 SE INA AVE has 10 bedrooms, 6.0 baths, and was built in 1972. The property's zip code is 97267 which is in Milwaukie, OR