Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8845 SE 40Th Ave Milwaukie, OR 97222

    For Sale
    $650,000

    MULTI_FAMILY - Milwaukie, OR

    Property size:
    1,644 SF
    Days on Market:
    36
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 8845 SE 40Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-MD
    Rooms
    Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    4
    APN
    00000698
    Size
    1,644 SF

    Utilities

    Heating system
    Baseboard, Wood, Wood Stove

    Building Details

    Year built
    1977
    Floors in Building
    1
    Number of units
    2
    Roof type
    Composition

    Soldera Properties Inc. (503) 334-1515 [email protected]

    Listing agent Alicia Dart (503) 334-1515

    Listing date Nov 2, 2025

    MLS# 202360373 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex on Corner Lot

    This updated single-level duplex is situated on a large corner lot and features a spacious, fully fenced backyard and patio. Each of the two units includes 2 bedrooms, 1 bath, and 822 square feet of living space. The units feature a living room with a fireplace and a kitchen equipped with a refrigerator, range, and built-in microwave. Both units are fully leased with an excellent rental history, generating a projected annual income of $43,080. Each home includes an attached garage, additional driveway parking, and all appliances. The property has been well maintained inside and out. The property is located close to parks, schools, a hospital, and shopping.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukie
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.62226
    Latitude
    45.458723

    Nearby Similar for Sale

    • New
      $75,000
      1,531 SF

      Spacious 3-Bedroom Home in Milwaukie

      Large 3-bedroom home in a quiet 55+ community.
      3500 SE Concord Rd, Milwaukie, OR 97267
      View Details
    • New
      $695,000

      Milwaukie Triplex with Rental History

      1950's triplex in Milwaukie, close to amenities and transportation.
      4134 SE Washington St, Milwaukie, OR 97222
      View Details
    • $1,100,000
      1,283 SF

      Commercial Site with Auto Sales

      High-visibility commercial site suitable for auto sales, office, or redevelopment.
      14117 SE Mcloughlin Blvd, Milwaukie, OR 97267
      View Details
    • Contact for pricing

      Updated Industrial Building with Yard

      Industrial building in Clackamas County with above standard power.
      9111-9151 SE Mcbrod Ave, Milwaukie, OR 97222
      View Details
    • $189,950

      Remodeled Lakefront Manufactured Home

      Beautifully remodeled lakefront manufactured home with modern updates and lake views.
      10400 SE Cook Ct, Milwaukie, OR 97222
      View Details
    • $519,000

      Well-Maintained Home with High-End Finishes

      Beautiful 4 bed, 2.5 bath home with fenced private yard.
      7874 SE Sporri Ln, Milwaukie, OR 97267
      View Details

    FAQs

    What type of property is this?
    Duplex - Updated Milwaukie duplex with strong rental history and fenced yard.
    Where is this duplex located?
    The property is located at 8845 SE 40Th Ave Milwaukie, OR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Projected annual income of $43,080 from fully leased units.; - Updated single-level duplex on a large corner lot.; - Spacious, fully fenced backyard & patio.
    (503) 334-1515
    Request Owner's contact information
    8845 SE 40Th Ave Milwaukie, OR 97222
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8845 SE 40Th Ave
    Milwaukie, OR 97222
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8845 SE 40Th Ave Milwaukie, OR 97222
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.