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5848 SE MILWAUKIE AVE Portland, OR $ 625,000
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5848 SE MILWAUKIE AVE
$ 625,000
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5848 SE MILWAUKIE AVE

Portland, OR, 97202
$ 625,000
Bedrooms-- Baths-- Sq 2,856

Monthly Estimate*

$ 3,946

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Commercial Property for sale in Portland, OR

for $625,000. This 2,856 square foot building was built in 1904 on a lot size of 0.13.

Situated at 5848 SE Milwaukie Avenue, this 2,856 SF commercial building features two rentable units plus off-street parking. The property sits along a high-traffic corridor bridging the Westmoreland and Sellwood neighborhoods, making it an attractive value-add play for investors or owner-users alike. Strong underlying fundamentals combined with clear upside through capital improvements give this asset real long-term growth potential in one of Portland's most desirable submarkets.

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Commercial Active

Price

$ 625,000

Property Type

Commercial

Taxes

$ 4,843

Style

Office

Lot Size

0.13

Year Built

1904

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

350212150
Features
General
Sewer PublicSewer
Heating Baseboard
Cooling HeatPump
Roof Flat Shingle
Zoning RM2
Construction Materials WoodSiding
Year Built 1904
Sale Includes Building Land Sign
Stories Count 1
Property Subtype Office
Tax Year 2025
Current Use Office
Parcel Number R198800
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Corner of SE Milwaukie Ave & SE Knight Street
City Portland
MLS Area _143
Lot Size Square Feet 5662.0
Listing Terms Cash Conventional
Tax Annual Amount 4843.34
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description KINGTON BLOCK 1 LOT 8
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Exterior
Road Frontage 162
Parking Features OnSite
Water Source PublicWater
Total Parking 5.0
Number of Buildings 1
Building Area Total 2856.0
Lot Size Acres 0.13
Road Surface Type Paved
Other Equipment SmokeDetector
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Internal Only
Street Number 1 5848
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-313-8262

Contact

Affordability Calculator

$4,350
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,946
Monthly Property Taxes
$404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/1/2026$625,000 Listed Price

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5848 SE MILWAUKIE AVE, Portland, OR, 97202 is a Commercial Property for sale at $625,000 with 2,856 sqft and a lot size of 0.13. 5848 SE MILWAUKIE AVE was built in 1904. The property's zip code is 97202 which is in Portland, OR

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