Value-Add Multifamily Property in
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4514 & 4484 Southeast Boardman Avenue, Milwaukie, OR 97267
15-unit multifamily with renovation upside and development potential.
Property Size14,500 SF
Lot Size0.14 Acres
Days on Market110
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
Building Details
Building Size
14,500 SF
Listing Agency:
Macadam Forbes
(503) 972-7287
Listed By:
Cooper Collins · License #OR #201250793
Source:
Macadamforbes
Added: May 14
Changed: Aug 31
Last Checked: Aug 31 at 2:08PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
Explore this area
Business Placement
Demographics for 97267, OR
31,851
Population
12,983
Households
2.5
Avg Household Size
45
Median Age
35%
College-Educated
93%
High-School Grad
7.2 sq mi
ZIP Area
4,424
Density / Sq Mi
$85,178
Median Household Income
$47,236
Median Earnings
$1,607
Median Rent
$489,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
