$700,000
( $282.26Per Sq Foot )
 $3,758 est/mo Sourced by Back At You

3511 SE Milwaukie Ave,Portland, OR 97202

Portland, OR 97202

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Description

Exceptional opportunity to own a versatile commercial property featuring two separate units currently leased for $4,500/month NNN, providing immediate income potential. Five offices upstairs. Zoned Commercial, this property offers flexibility for a wide variety of uses, including medical or dental offices, professional office space, retail sales and service, daycare, light manufacturing, and production uses (buyer to verify permitted uses with the city). Ideally located just minutes from the highly sought-after Sellwood neighborhood and only 5 minutes to downtown Portland, this property offers excellent accessibility, convenient access to major roadways, and close proximity to established businesses, shopping, dining, and residential neighborhoods. An outstanding opportunity for investors seeking stable income or owner-users planning for future occupancy in a prime Portland location.

Details

MLS #531329891
Listing TypeFor Lease
StyleCommercial
StatusActive
Year1973
Days On Site98
Listing Provided ByGeorgetown Realty Inc. | John Mahaffy

Features

SQ Feet2,480
Story(s)2
Building(s)1
ZoningCS
Acreage0.09

Interior

HeatingHeat Pump
Heating YnYes
CoolingCentral Air
Cooling YnYes

Exterior

RoofComposition

Parking

Attached Garage YnNo
Parking FeaturesOn Site

Taxes

Property6169

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97202
Listing VS Median (in 97202)
Price:
$700,000
low | high
Med:
$595,000
65% of Average
sqft:
2,480
low | high
Med:
2,142
63.629032258065% of Average
$ / sqft:
$282
low | high
Med:
$278
51.587301587302% of Average
On site:
98
low | high
Med:
18
100% of Average
Sourced by Back At You

Market Activity 97202

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Learn More About This Property

StateOR
CountyMultnomah
CityPortland
Zip Code97202
Listing VS Median (in 97202)
Price:
$700,000
low | high
Med:
$595,000
65% of Average
sqft:
2,480
low | high
Med:
2,142
63.629032258065% of Average
$ / sqft:
$282
low | high
Med:
$278
51.587301587302% of Average
On site:
98
low | high
Med:
18
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $525K - $875K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
3424 SE 10TH AVE Property Photo 1
$669,000
3424 Se 10th Ave
Portland, OR 97202
Listing Updated: September 29, 2026 at 4:54:40 AM PDT
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