NOT LISTED FOR SALE

3615 SE Milwaukie Ave Portland, OR 97202

Brooklyn Neighborhood
6 Beds
5 Baths
5,848 Sq Ft
1910 Built

Last Sold October 10, 2019

Last sale price $787,000 $135 Per Sq Ft

6 Days on Market

Highlights

  • City View
  • Corner Lot
  • 5-minute walk to Brooklyn Park
  • Cleveland High School Rated A-
  • Heating System Uses Gas

About This Home

As of October 2019

Historic, mixed-use building comprised of 4 residential units and one retail space. Large, full-height basement provides room for expansion, along with separate 2+ car garage. Tons of potential, in an up and coming part of Inner SE Portland. Showings of vacant units by appointment only. Write offers contingent upon interior inspection.

Last Agent to Sell the Property

Conor Finlay

CORE, Realtors License #201217057 Listed on: 09/11/2019

Co-Listed By

Chris Johnson

CORE, Realtors License #930700182

Last Buyer's Agent

Allyson O'Hagan

John L. Scott Portland Central License #201214339

John L. Scott Portland Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,450

Year Built

  • Built in 1910

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Fixer Upper
  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 5,848 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Grout Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R148570

Community Details

Overview

  • 5 Units
  • Brooklyn Subdivision

Building Details

  • Operating Expense $5,705
  • Gross Income $14,040
  • Net Operating Income $8,335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,450

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1910
  • Property Condition: Fixer
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, Unfinished
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: Yes
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Roof: Flat
  • View: City

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: CM2
  • Parcel #: R148570

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4450.13

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 60.54
  • Annual Gross Income: 14040.0
  • Property Net Operating Income: 8335.0
  • Annual Operating Expense: 5705.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $787,000 -7.4% $135 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $850,000 -- $145 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19666011

Regional Multiple Listing Service (RMLS)