3628 SE MILWAUKIE AVE, Portland, OR 97202 | MLS #690752433 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of Move Real Estate Inc- MLS# 690752433MLS Provider

3628 SE MILWAUKIE AVEPortland, OR 97202

Multi-Family · 4,368 Sq. ft.
$899,000 Active

3628 SE MILWAUKIE AVE Overview

Time on Site:
89 days
Visits:
2

Well-maintained and professionally managed Brooklyn 4-plex offering stable income, a history of low vacancy, and quality tenants in place. This vintage property has seen extensive upgrades, including a newer sewer line, newer roof, windows, and electrical panels. Each 1-bedroom unit features hardwood floors, large kitchens, big windows and lots of natural light! The upper unit's covered decks overlook the neighborhood and lower unit's basement bonus rooms add valuable square footage. All units have dedicated water heaters and are separately metered for gas and electric. The basement provides five storage lockers, bike storage, coin-operated laundry, and additional unfinished space with ample storage potential. The backyard patio and side yard offers unique on-site access for outdoor living and entertaining. Ideally located in one of Portland's most walkable (89 walk score!) and bike-friendly (95 bike score!) neighborhoods, just steps to parks, coffee shops, restaurants. Don't miss this excellent opportunity to own an income-producing asset in a highly desirable location.

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3628 SE MILWAUKIE AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,368
  • Price/Sq.ft. $206

Details

General

School Information

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

Income/Expenses

  • Gross Income: 71720.0
  • Net Operating Income: 42227.0
  • Operating Expense: 29493.0

Building Information

  • Year Built: 1912

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast
  • Subdivision Name: BROOKLYN

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 11273.76
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R162511
  • Property Type: Multi Family
  • Zoning: CM2

Interior

Building Interior

  • Building Area Total: 4368.0

General Information

  • Basement: Exterior Entry,Partially Finished,Storage Space
  • Foundation Details: Concrete Perimeter,Stem Wall
  • Heating: Wall Heater
  • Stories: 3

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Level,On Busline
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

3628 SE MILWAUKIE AVE Neighborhood

Community

97202 (Portland) Demographics

37
Median Age
5,954
Population Density (per sq. mile)
66%
College Educated
$86,351
Estimated Median Income
9,199
Estimated Total Home Owners
8,995
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3628 SE MILWAUKIE AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3628 SE MILWAUKIE AVE Market Data

Based on the last 30 days in this zip code

$731,346
Average List Price
$363
Average Price per Square Foot
38
Properties Sold
70
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

3628 SE MILWAUKIE AVE History

Date Event Value Agent
4/1/2026Source: Regional MLS Added to Database
April 01, 2026