3511 SE MILWAUKIE AVE Portland, OR $ 700,000
3511 SE MILWAUKIE AVE
$ 700,000
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3511 SE MILWAUKIE AVE

Portland, OR, 97202
$ 700,000
Bedrooms-- Baths-- Sq 2,480
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Property for Rent in Portland, OR

for $700,000. This 2,480 square foot property was built in 1973 on a lot size of 0.09.

Exceptional opportunity to own a versatile commercial property featuring two separate units, currently leased for $4,500/month NNN, providing immediate income potential. Zoned Commercial, this property offers flexibility for a wide variety of uses, including medical or dental offices, professional office space, retail sales and service, daycare, light manufacturing, and production uses (buyer to verify permitted uses with the city). Ideally located just minutes from the highly sought-after Sellwood neighborhood and only 5 minutes to downtown Portland, this property offers excellent accessibility, convenient access to major roadways, and close proximity to established businesses, shopping, dining, and residential neighborhoods. An outstanding opportunity for investors seeking stable income or owner-users planning for future occupancy in a prime Portland location.

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Rental Active

Price

$ 700,000

Taxes

$ 6,169

Style

Commercial

Lot Size

0.09

Year Built

1973

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

531329891

Features
General
Sewer PublicSewer
Heating HeatPump
Cooling CentralAir
Roof Composition
Zoning CS
Year Built 1973
Sale Includes Building Land
Stories Count 2
Property Subtype Commercial
Tax Year 2025
Current Use Office
Parcel Number R228572
Gross Income 54000.0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Milwaukie Ave
City Portland
MLS Area _143
Lot Size Square Feet 3920.0
Listing Terms Cash Conventional
Tax Annual Amount 6169.3
Property Condition Approximately
Lease Type NNN
Standard Status Active
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 4500.0
Legal Description OAK KNOLL BLOCK 1 LOT 1
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Exterior
Road Frontage 0
Parking Features OnSite
Water Source PublicWater
Number of Buildings 1
Building Area Total 2480.0
Lot Size Acres 0.09
Road Surface Type Paved
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Internal Only
Street Number 1 3511
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* Excluded Features
List By
Georgetown Realty Inc.

Broker

accounting@gtrealty.com

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2026$700,000 Listed Price

Map


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3511 SE MILWAUKIE AVE, Portland, OR, 97202 is a Property for Rent at $700,000 with 2,480 sqft and a lot size of 0.09. 3511 SE MILWAUKIE AVE was built in 1973. The property's zip code is 97202 which is in Portland, OR