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Value-Add Multifamily Property in Milwaukie

4514 & 4484 Southeast Boardman Avenue Milwaukie, OR 97267

4514 & 4484 Southeast Boardman Avenue, Milwaukie, OR, 97267
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For Sale
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15-unit multifamily with renovation upside and development potential.

Property Size14,500 SF
Lot Size0.14 Acres
Days on Market65

Property Features for 4514 & 4484 Southeast Boardman Avenue

General Information

Standard status
Active
Size
14,500 SF
Lot size
0.14 Acres
Property subtype
Multifamily
Listing Agency Macadam Forbes
Listed by Cooper Collins · License #OR #201250793
Source Macadamforbes
Added: May 14 Checked: Jul 17 at 4:42 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Macadam Forbes


Investment Insights

Based on property information with market context.

The property is a 15-unit multifamily property located in the Jennings Lodge neighborhood of Milwaukie. It is offered together with an adjacent 6,055 square foot commercially zoned lot. The property presents a value-add opportunity through renovation and rent growth. The unit mix includes eight loft-style one-bedroom, one-and-a-half-bathroom units and seven two-bedroom, one-and-a-half-bathroom townhouses, each with in-unit laundry. Vacant units are available for immediate renovation and lease-up at market rents. The additional lot provides further opportunity for future development or expansion. A majority of the units are in original condition with below-market rents, presenting a path to increased income through renovation.

Key Highlights

  • Value‑add multifamily property with significant upside through unit renovation and rent increases.
  • Includes an adjacent 6,055 SF commercially zoned lot, offering future development potential.
  • Features a mix of eight loft‑style 1‑bed/1.5‑bath units and seven 2‑bed/1.5‑bath townhouses.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Pharmacy Skin Care Clinic Bakery Food Market Storage Facility Grocery & Convenience Store Barber Shop HVAC Service

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

FAQs

What type of property is this?
Apartment building - 15-unit multifamily with renovation upside and development potential.
Where is this apartment building located?
The property is located at 4514 & 4484 Southeast Boardman Avenue Milwaukie, OR.
What are key features of this property?
This property features: Value‑add multifamily property with significant upside through unit renovation and rent increases.; Includes an adjacent 6,055 SF commercially zoned lot, offering future development potential.; Features a mix of eight loft‑style 1‑bed/1.5‑bath units and seven 2‑bed/1.5‑bath townhouses.
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