9622 SE 41ST AVE Milwaukie, OR $ 879,000
9622 SE 41ST AVE
$ 879,000
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9622 SE 41ST AVE

Milwaukie, OR, 97222
$ 879,000
Bedrooms8 Baths4.0 Sq 3,456

Monthly Estimate*

$ 5,412

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Multi-Family Home for sale in Milwaukie, OR

for $879,000 with 8 bedrooms and 4 full baths. This 3,456 square foot home was built in 1961 on a lot size of 0.23.

Low-maintenance, turn-key 4-plex comprised of two single-level duplex buildings in the desirable Ardenwald neighborhood of Milwaukie. A rare opportunity offering excellent expense control, with tenants paying all utilities, including trash. Well positioned just minutes to Sellwood, downtown Milwaukie, and Portland, the property appeals to both owner-occupants and investors alike. Each unit features its own private fenced yard, dedicated laundry, and storage area—a combination that consistently attracts and retains quality tenants. Extensive updates throughout the property include newer electrical panels, roof, windows, bathrooms, and appliances, with new flooring throughout and three units also featuring updated cabinetry, significantly reducing near-term capital expenditures.An ideal option for those seeking a solid, low-maintenance investment or a flexible owner-occupied multifamily in a proven rental corridor. Please do not disturb tenants.

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Multi-Family Active

Price

$ 879,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,521

Style

Lot Size

0.23

Year Built

1961

Town/City

Milwaukie

County/Region

Clackamas

MLS | Web ID

320137436

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Zoning R-MD
Year Built 1961
Stories Count 1
Tax Year 2025
Parcel Number 00010785
Gross Income 74120.0
Community Features FrontYardLandscaping
County Clackamas
Net Operating Income 61518.0
Operating Expense 12602.0
Property Type MultiFamily
HOA N
Subdivision Name Ardenwald
Rent Includes MaintenanceGrounds
Status Active
Directions From SE Olsen take SE 41st to the end.
High School Milwaukie
City Milwaukie
Disclosures Disclosure
Number Of Units Total 4
MLS Area _145
Lot Size Square Feet 10018.0
Listing Terms Cash Conventional
Elementary School Ardenwald
Tax Annual Amount 7521.96
Middle/Junior High School Rowe
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 254 GLOVERLAND PT LT 2 BLK 4
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Interior
Basement CrawlSpace
Storage IndividualStorageUnits Locked
Hot Water Electricity Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Lot Features Level
Water Source PublicWater
Total Parking 7.0
Exterior Description Brick WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 3456.0
Lot Size Acres 0.23
Road Surface Type Paved
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Internal Only
Street Number 1 9622
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

mframiglio12@gmail.com

Email

Affordability Calculator

$6,039
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,412
Monthly Property Taxes
$627
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1950214 Elementary School
1949208 Middle School
Milwaukie High School High School
Pricing History
DatePricePrice ChangeDescription
2/7/2026$879,000 Listed Price

Map


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9622 SE 41ST AVE, Milwaukie, OR, 97222 is a Multi-Family Home for sale at $879,000 with 3,456 sqft and a lot size of 0.23. 9622 SE 41ST AVE has 8 bedrooms, 4.0 baths, and was built in 1961. The property's zip code is 97222 which is in Milwaukie, OR