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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-- Baths0.0

Monthly Estimate*

$ 3,946

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Lots and Land for sale in Portland, OR

for $625,000. The lot size is 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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Lots and Land Active

Price

$ 625,000

Property Type

Lots and Land

Taxes

$ 4,843

Style

MixedUse

Lot Size

0.13

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

225637027
Features
General
Utilities ElectricityConnected SewerConnected WaterConnected
Zoning RM2
Property Subtype MixedUse
Current Use Commercial Office
Parcel Number R198800
County Multnomah
Property Type Land
HOA N
Other Structures Commercial
Status Active
Directions Corner of SE Milwaukie Ave & SE Knight Street
High School Cleveland
City Portland
Disclosures Exempt
MLS Area _143
Lot Size Square Feet 5662.0
Listing Terms Cash Conventional
Elementary School Llewellyn
Tax Annual Amount 4843.34
Middle/Junior High School Sellwood
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description KINGTON BLOCK 1 LOT 8
ADU False
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Exterior
Lot Features CornerLot PublicRoad
Lot Size Acres 0.13
Road Surface Type Paved
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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

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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
1948987 Elementary School
1948901 Middle School
Cleveland High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/30/2026$625,000 Listed Price

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5848 SE MILWAUKIE AVE, Portland, OR, 97202 is a Lots and Land for sale at $625,000 with a lot size of 0.13. 5848 SE MILWAUKIE AVE has 0.0 baths. The property's zip code is 97202 which is in Portland, OR

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