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Property Description

Studs-Out remodel with exceptional craftsman touches and thoughtful upgrades throughout. This building is a 10! Perfect for owner occupants looking for a premium stand-alone artist/workshop/studio! Welcome home to the iconic Brooklyn Apartments! 8 Residential units in total (plus shop, office and basement). The original 1907 building has been lovingly cared for and completely updated with new systems all while keeping the vintage charm of the Arts & Crafts era intact. The original building includes a mix of (2) 2-bedroom, (4) 1-bedroom units and (1) studio apartment with a separate office space in the basement. All the units feature stylish finishes, creative use of space and vintage flair! The building's basement is very spacious and open area for future storage / extra unit potential. The detached ADU (garage/shop with 2-bedroom owner's unit) was built in 2013 and is perfect for the woodworker, artist or craft maker looking for their own detached and free-standing 873sf shop! The unit features amazing views to the east off their own private deck. The unit itself is dialed-in with gorgeous crown molding and built-ins throughout. The shop is fully functional with all the electrical upgrades one would expect. The building is currently fully occupied with projected income of $162,180 annually and projected NOI of $110,410. All units have been given rent increase notices to be effective 4/1/25 making this an attractive truly turn-key investment. The seller is a carpenter and a craftsman - the pride of ownership will amaze you.

Overview

Property Status
Sold
Lot Size
8,276 Sq.Ft.
MLS ID
24024292
Property Type
Multi-Family
Year Built
1907

Features & Amenities

Total Area
10,147 Sq.Ft.
Neighborhood
Portland
View Description
City, Mountain, Territorial
Stories
4
Water Source
Public Water
Roof
Composition
Lot Features
Corner Lot, On Busline
Parking
Assigned
Heat Type
Zoned
Air Conditioning
Mini Split
Sewer
Public Sewer
Substructure
Concrete Perimeter
Security Features
Entry, Fire Sprinkler System, Intercom Entry
Elementary School
Grout
Middle School
Hosford
High School
Cleveland
Sales Price
$1,800,000
Real Estate Tax
$12,050/yr
Zoning
CM1

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4318 SE MILWAUKIE AVE

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  • 6820 SE 29TH AVE For Sale

    $1,875,000

    6820 SE 29TH AVE, Portland, OR 97202

    • 5 Beds
    • 4 Baths
    • 4,664 Sq.Ft.
  • 4811/4823 NE PRESCOTT ST For Sale

    $1,400,000

    4811/4823 NE PRESCOTT ST, Portland, OR 97218

    • 5 Beds
    • 2 Baths
  • 431 SW COLONY DR For Sale

    $924,000

    431 SW COLONY DR, Portland, OR 97219

    • 5 Beds
    • 4 Baths
    • 3,736 Sq.Ft.
  • 2387 NW NORTHRUP ST 9 For Sale

    $875,000

    2387 NW NORTHRUP ST 9, Portland, OR 97210

    • 2 Beds
    • 1 Bath
    • 1,687 Sq.Ft.
  • 8710 NW HAZELTINE ST For Sale

    $874,900

    8710 NW HAZELTINE ST, Portland, OR 97229

    • 4 Beds
    • 3 Baths
    • 2,690 Sq.Ft.
  • 5311 NE 28TH AVE For Sale

    $799,999

    5311 NE 28TH AVE, Portland, OR 97211

    • 5 Beds
    • 4 Baths
    • 2,630 Sq.Ft.
  • 3345 NE 126th Ave For Sale

    $785,000

    3345 Northeast 126th Avenue, Portland, OR 97230

    • 5 Beds
    • 3,528 Sq.Ft.
  • 3510/3512 SW 10TH AVE For Sale

    $750,000

    3510/3512 SW 10TH AVE, Portland, OR 97239

    • 2 Beds
    • 3 Baths
    • 2,496 Sq.Ft.
  • 2727 NW UPSHUR ST For Sale

    $710,000

    2727 NW UPSHUR ST, Portland, OR 97210

    • 3 Beds
    • 3 Baths
    • 1,415 Sq.Ft.
  • 2905 SE 74TH AVE For Sale

    $670,000

    2905 SE 74TH AVE, Portland, OR 97206

    • 5 Beds
    • 3 Baths
    • 2,163 Sq.Ft.
  • 1625 SW MONTGOMERY ST For Sale

    $650,000

    1625 SW MONTGOMERY ST C, Portland, OR 97201

    • 4 Beds
    • 5 Baths
    • 2,425 Sq.Ft.
  • 2913/2915 SE 19TH AVE For Sale

    $620,000

    2913/2915 SE 19TH AVE, Portland, OR 97202

    • 4 Beds
    • 2 Baths
    • 1,560 Sq.Ft.
  • 9806/9820 N MIDWAY AVE For Sale

    $600,000

    9806/9820 N MIDWAY AVE, Portland, OR 97203

    • 4 Beds
    • 3 Baths
    • 3,356 Sq.Ft.
  • 1221 SW 10TH AVE For Sale

    $585,000

    1221 SW 10TH AVE 713, Portland, OR 97205

    • 2 Beds
    • 2 Baths
    • 1,487 Sq.Ft.
  • 1406 NE FAILING ST Pending

    $575,000

    1406 NE FAILING ST, Portland, OR 97212

    • 3 Beds
    • 2 Baths
    • 1,537 Sq.Ft.
  • 5239 N EMERSON DR, Portland Pending

    $550,000

    5239 N EMERSON DR, Portland, OR 97217

    • 2 Beds
    • 2 Baths
    • 1,794 Sq.Ft.
  • 536 NE SAN RAFAEL ST For Sale

    $550,000

    536 NE SAN RAFAEL ST, Portland, OR 97212

    • 3 Beds
    • 2 Baths
    • 1,989 Sq.Ft.
  • 7594 SE DIVISION ST For Sale

    $524,900

    7594 SE DIVISION ST, Portland, OR 97206

    • 3 Beds
    • 4 Baths
    • 2,010 Sq.Ft.
  • 14045 NE SACRAMENTO ST Pending

    $521,000

    14045 NE SACRAMENTO ST, Portland, OR 97230

    • 3 Beds
    • 3 Baths
    • 2,616 Sq.Ft.
  • 16627 SE BUSH ST For Sale

    $489,500

    16627 SE BUSH ST, Portland, OR 97236

    • 4 Beds
    • 2 Baths
    • 1,600 Sq.Ft.
  • 8010 SE TOLMAN ST Pending

    $489,000

    8010 SE TOLMAN ST, Portland, OR 97206

    • 3 Beds
    • 3 Baths
    • 1,711 Sq.Ft.
  • 10727 SE REX ST Pending

    $479,000

    10727 SE REX ST, Portland, OR 97266

    • 3 Beds
    • 2 Baths
    • 1,556 Sq.Ft.
  • 3059 SE 116TH AVE For Sale

    $459,000

    3059 SE 116TH AVE, Portland, OR 97266

    • 4 Beds
    • 2 Baths
    • 1,574 Sq.Ft.
  • 2740 SE 151ST AVE Pending

    $450,000

    2740 SE 151ST AVE, Portland, OR 97236

    • 4 Beds
    • 2 Baths
    • 741 Sq.Ft.
  • 5425 SW VIEW POINT TER For Sale

    $450,000

    5425 SW VIEW POINT TER, Portland, OR 97239

    • 2 Beds
    • 3 Baths
    • 1,710 Sq.Ft.
  • 4209 SE 80TH AVE For Sale

    $449,900

    4209 SE 80TH AVE, Portland, OR 97206

    • 3 Beds
    • 3 Baths
    • 1,714 Sq.Ft.
  • 7052 N FENWICK AVE Pending

    $449,000

    7052 N FENWICK AVE, Portland, OR 97217

    • 2 Beds
    • 1 Bath
    • 1,468 Sq.Ft.
  • 5308 SE 113TH AVE For Sale

    $439,900

    5308 SE 113TH AVE, Portland, OR 97266

  • 3449 NE 81ST AVE For Sale

    $429,900

    3449 NE 81ST AVE, Portland, OR 97213

    • 3 Beds
    • 3 Baths
    • 1,329 Sq.Ft.
  • 1030 NW JOHNSON ST 201 For Sale

    $419,000

    1030 NW JOHNSON ST 201, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 1,049 Sq.Ft.
  • 8253 N BLISS ST For Sale

    $415,000

    8253 N BLISS ST, Portland, OR 97203

    • 3 Beds
    • 2 Baths
    • 1,341 Sq.Ft.
  • 610 NE 79TH AVE For Sale

    $370,000

    610 NE 79TH AVE, Portland, OR 97213

    • 2 Beds
    • 1 Bath
    • 712 Sq.Ft.
  • 5394 SE 136TH AVE Pending

    $325,000

    5394 SE 136TH AVE, Portland, OR 97236

    • 3 Beds
    • 3 Baths
    • 1,476 Sq.Ft.
  • 4341 NE HALSEY ST 18 For Sale

    $315,000

    4341 NE HALSEY ST 18, Portland, OR 97213

    • 2 Beds
    • 1 Bath
    • 912 Sq.Ft.
  • 820 NW NAITO PKWY G2 For Sale

    $220,000

    820 NW NAITO PKWY G2, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 700 Sq.Ft.
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