3628 SE MILWAUKIE AVE Portland, OR $ 899,000
3628 SE MILWAUKIE AVE
$ 899,000
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3628 SE MILWAUKIE AVE

Portland, OR, 97202
$ 899,000
Bedrooms4 Baths4.0 Sq 4,368

Monthly Estimate*

$ 5,535

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Multi-Family Home for sale in Portland, OR

for $899,000 with 4 bedrooms and 4 full baths. This 4,368 square foot home was built in 1912.

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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Multi-Family Active

Price

$ 899,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,273

Style

Year Built

1912

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

690752433

Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition
Zoning CM2
Year Built 1912
Stories Count 3
Tax Year 2025
Parcel Number R162511
Gross Income 71720.0
County Multnomah
Net Operating Income 42227.0
Operating Expense 29493.0
Property Type MultiFamily
HOA N
Subdivision Name BROOKLYN
Rent Includes Sewer TrashCollection Water
Status Active
Directions Holgate N on Milwaukie
High School Cleveland
City Portland
Disclosures Disclosure
Number Of Units Total 4
MLS Area _143
Listing Terms Cash Conventional
Elementary School Grout
Tax Annual Amount 11273.76
Middle/Junior High School Hosford
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description FEURERS ADD BLOCK 27 LOT 3 N 50' OF W 5' OF LOT 5
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Interior
Basement ExteriorEntry PartiallyFinished StorageSpace
Storage Basement IndividualStorageUnits
Hot Water Electricity Gas
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 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features OnStreet
Lot Features Level OnBusline
Water Source PublicWater
Exterior Description Cedar LapSiding
Foundation Details ConcretePerimeter StemWall
Building Area Total 4368.0
Road Surface Type Paved
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Internal Only
Street Number 1 3628
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* Excluded Features
List By
Move Real Estate Inc

Broker

toddw@moverealestate.org

Email

Affordability Calculator

$6,475
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,535
Monthly Property Taxes
$939
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
1949298 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$899,000 Listed Price

Map


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3628 SE MILWAUKIE AVE, Portland, OR, 97202 is a Multi-Family Home for sale at $899,000 with 4,368 sqft. 3628 SE MILWAUKIE AVE has 4 bedrooms, 4.0 baths, and was built in 1912. The property's zip code is 97202 which is in Portland, OR