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Data Last Updated: 07/22/2026 19:04 PT
$700,000
3days on market2,480 sqft
Taxes/yr $6,169
Your local expert: Nate Brantley
Send a tour request for 3511 SE MILWAUKIE AVE, Portland, OR, 97202.
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$700,000
Text NateThis home sits in Portland. Built in 1973.
Exceptional opportunity to own a versatile commercial property featuring two separate units, currently leased for $4,500/month NNN, providing immediate income potential. 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.
Legal description
OAK KNOLL, BLOCK 1, LOT 1