Milwaukie, OR 97267,4545 SE INA AVE
Milwaukie, OR 97267,4545 SE INA AVE
Milwaukie, OR 97267,4545 SE INA AVE
Milwaukie, OR 97267,4545 SE INA AVE
Milwaukie, OR 97267,4545 SE INA AVE
Milwaukie, OR 97267,4545 SE INA AVE
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Listed by John L. Scott Portland Central • neportland@johnlscott.com
Bought with Portland Digs

$2,650,000

$2,750,000

3.6%
Est.Price: ?

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Est. payment /mo

16,014 SqFt


SOLD DATE : 09/10/2024

Key Details

Sold Price $2,650,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 16,014 sqft

Price per Sqft $165

MLS Listing ID 24095894

Sold Date 09/10/24

Year Built 1972

Tax Year 2023

Lot Size 0.540 Acres

Property Description

Jennings Lodge in Milwaukie is an 18 unit property built in 1972 and features 12- 2Bed/1Bath apartments and 6- 1Bed/1Bath apartments. New exterior paint 2023, new roof 2017, seal coat and stripe parking lot 2023 and 10 of 18 units have had interior updates over the last 3 years. Conveniently located just a half block to public transportation and easy freeway access to Hwy 205. Fully occupied, this courtyard style plex with it's central pergola, raised beds and benches, is close to local services, grocery, dining as well as parks and the river. Jennings Lodge is fully occupied with rental rates below the current market and is priced at $152K per door. It has 18 parking spots and two handicap spaces. Each unit has it's own storage and there is on site laundry. Current rents $20,275 per month.

Location

State OR

County Clackamas

Community Commons, Laundry

Area _145

Zoning MR1

Rooms

Basement Crawl Space

Interior

Heating Ceiling

Exterior

Community Features Commons, Laundry

Roof Type Composition

Garage No

Building

Lot Description Level, Public Road

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Jennings Lodge

Middle Schools Gardiner

High Schools Oregon City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)
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+1(503) 351-6569

jen@jenschurter.com

2175 NW Raleigh St. # 110, Portland, OR, 97210, United States

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