Active
Courtesy of Renaissance Development Corp.
photos coming soon
5,663 Sq.Ft. Lot
5848 SE Milwaukie Ave, Portland
$625,000
ActiveMLS®: 225637027
- Lot size
- 5,663 sqft
- Property type
- Land
- Days on market
- 71
Overview
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.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 5,663 sqft
- Lot features
- Corner Lot, Public Road
- View
- Yes
- View description
- Territorial
Schools
- High school
- Cleveland
- Middle school
- Sellwood
- Elementary school
- Llewellyn
Location
- City
- Portland
- County
- Multnomah
- Zoning
- RM2
Taxes and dues
- Annual taxes
- $4,843
Location
5848 SE Milwaukie Ave, Portland, OR 97202
Monthly payment estimate
$3,730 /mo
20% · $125,000
7.00%
- Principal and interest
- $3,327
- Property tax
- $404
- Total
- $3,730
Estimate only, and not an offer of credit. Assumes 20% down ($125,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
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