Value-Add Multifamily Property in
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
(503) 972-7287
Listed by
Cooper Collins · License #OR #201250793
Source
Macadamforbes
Added: May 14 Checked: Jul 17 at 4:42 am
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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
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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.