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Financial
Distress signals
Property profile

2818 Park Ave Milwaukie, OR 97222

OFF-MARKET
Commercial real estate
Property ID
US71-0128598
0.34 ac lot Built 1925
Last sale May 2025 · $499,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional mixed-use property at 2818 SE Park Ave, Milwaukie, Oregon (97222), presents a rare redevelopment opportunity. The 5,234 square foot building, constructed in 1925, sits on a 19,297 square foot lot (.44 acres) and currently features 43 apartment units. The C3 - General Commercial zoning allows for continued use as a retail space or redevelopment into residential units. Its strategic location, just one block from the Milwaukie Orange TriMet Line and 99E, offers unparalleled…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$337k
Effective rate1.89%

Value estimate

· Oct 2026
$275k
$248k – $303k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$392/SF
County average, outlier-cleaned · 95 recorded sales of this use type
Observed band · Q1–Q3$207 – $650

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3
JurisdictionCLACKAMAS

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service8.9
Locksmith8.8
Shoe Repair8.6

Location

2818 Park Ave Milwaukie, OR 97222-7129
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3016 Courtney, Milwaukie, OR 97222-7104 $3,000,000 Mar 2026 No data
Portland, OR 97222 $2,800,000 Aug 2025 No data
2001 Jefferson, Milwaukie, OR 97222-7605 $1,050,000 May 2025 2,081 SF
10300 Main, Milwaukie, OR 97222-7507 $3,300,000 Mar 2025 7,874 SF
3046 Harrison, Milwaukie, OR 97222-6626 $13,200 Oct 2024 No data
10900 21st Ave, Milwaukie, OR 97222-7602 $1,300,000 Sep 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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