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    5848 SE Milwaukie Ave Portland, OR 97202

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    For Sale
    $749,000

    Commercial space with two rentable units and off-street parking.

    Property size:
    2,856 SF

    Property Features for 5848 SE Milwaukie Ave

    General Information

    Size
    2,856 SF

    Building Details

    Year built
    1904

    Source: Marissa Lee Agent Marissa Lee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Southeast Portland Commercial Space

    Located on SE Milwaukie Avenue in Southeast Portland, this commercial property offers 2,856 square feet of space with two rentable units and off-street parking. Situated along a high-visibility corridor, the corner lot provides strong neighborhood visibility. The property is near the Westmoreland and Sellwood districts, known for local businesses, restaurants, and residential areas. The location provides convenient access to major thoroughfares, public transportation, and Downtown Portland. The current office configuration can accommodate retail use. With an average daily traffic count of 4,383, the property presents a value-add opportunity for investors or owner-users. The building is well-positioned for long-term growth in a sought-after Portland location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Oregon One, Inc. Debt Collection Agency Nw Rbi Inc Corporate Office

    Suggested Use

    Law Firm Realty agency 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
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6491461
    Latitude
    45.4801417

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    FAQs

    What type of property is this?
    Office building - Commercial space with two rentable units and off-street parking.
    Where is this office building located?
    The property is located at 5848 SE Milwaukie Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - High-visibility location on a well-traveled corridor near Westmoreland and Sellwood.; - Value-add opportunity for investors or owner-users.; - Two rentable units providing income potential.
    (971) 280-2222
    Request Owner's contact information
    5848 SE Milwaukie Ave Portland, OR 97202
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    Portland, OR 97202
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    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
    5848 SE Milwaukie Ave Portland, OR 97202
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