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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
Date Sold
January 3, 2025
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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  • 3046 SW FAIRMOUNT BLVD For Sale

    $1,799,950

    3046 SW FAIRMOUNT BLVD, Portland, OR 97239

    • 4 Beds
    • 5 Baths
    • 4,625 Sq.Ft.
  • 6820 SE 29TH AVE Pending

    $1,750,000

    6820 SE 29TH AVE, Portland, OR 97202

    • 5 Beds
    • 4 Baths
    • 4,664 Sq.Ft.
  • 1636 SW VISTA AVE For Sale

    $1,625,000

    1636 SW VISTA AVE, Portland, OR 97201

    • 4 Beds
    • 4 Baths
    • 5,264 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

    $875,000

    431 SW COLONY DR, Portland, OR 97219

    • 5 Beds
    • 4 Baths
    • 3,736 Sq.Ft.
  • 12616 SW 60TH CT For Sale

    $850,000

    12616 SW 60TH CT, Portland, OR 97219

    • 5 Beds
    • 3 Baths
    • 3,931 Sq.Ft.
  • 7612 SE 65TH AVE Pending

    $850,000

    7612 SE 65TH AVE, Portland, OR 97206

    • 11 Beds
    • 6 Baths
    • 3,030 Sq.Ft.
  • 2315 N LOMBARD ST For Sale

    $839,900

    2315 N LOMBARD ST, Portland, OR 97217

    • 6 Beds
    • 4 Baths
    • 3,020 Sq.Ft.
  • 7128 N CURTIS AVE For Sale

    $800,000

    7128 N CURTIS AVE, Portland, OR 97217

    • 3 Beds
    • 3 Baths
    • 1,805 Sq.Ft.
  • 2387 NW NORTHRUP ST 9 For Sale

    $795,000

    2387 NW NORTHRUP ST 9, Portland, OR 97210

    • 2 Beds
    • 1 Bath
    • 1,687 Sq.Ft.
  • 3345 NE 126th Ave For Sale

    $785,000

    3345 Northeast 126th Avenue, Portland, OR 97230

    • 5 Beds
    • 3,528 Sq.Ft.
  • 8817 SW 49TH AVE For Sale

    $785,000

    8817 SW 49TH AVE, Portland, OR 97219

    • 4 Beds
    • 3 Baths
    • 2,325 Sq.Ft.
  • 3510/3512 SW 10TH AVE For Sale

    $735,000

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

    • 2 Beds
    • 3 Baths
    • 2,496 Sq.Ft.
  • 1250 SE 46TH AVE Pending

    $730,000

    1250 SE 46TH AVE, Portland, OR 97215

    • 3 Beds
    • 3 Baths
    • 2,893 Sq.Ft.
  • 8412 SW 30TH AVE For Sale

    $680,000

    8412 SW 30TH AVE, Portland, OR 97219

    • 3 Beds
    • 2 Baths
    • 1,326 Sq.Ft.
  • 2817 NE WEIDLER ST Pending

    $665,000

    2817 NE WEIDLER ST, Portland, OR 97232

    • 6 Beds
    • 3 Baths
    • 2,717 Sq.Ft.
  • 37 NE SKIDMORE ST For Sale

    $600,000

    37 NE SKIDMORE ST, Portland, OR 97211

    • 3 Beds
    • 3 Baths
    • 1,690 Sq.Ft.
  • 9806/9820 N MIDWAY AVE For Sale

    $580,000

    9806/9820 N MIDWAY AVE, Portland, OR 97203

    • 4 Beds
    • 3 Baths
    • 3,356 Sq.Ft.
  • 4329 SE WINDSOR CT Pending

    $525,000

    4329 SE WINDSOR CT, Portland, OR 97206

    • 3 Beds
    • 1 Bath
    • 2,230 Sq.Ft.
  • 2446 NE 50TH AVE Pending

    $515,000

    2446 NE 50TH AVE, Portland, OR 97213

    • 2 Beds
    • 2 Baths
    • 2,426 Sq.Ft.
  • 536 NE SAN RAFAEL ST For Sale

    $499,900

    536 NE SAN RAFAEL ST, Portland, OR 97212

    • 3 Beds
    • 2 Baths
    • 1,989 Sq.Ft.
  • 8028 SE TAYLOR ST Pending

    $499,000

    8028 SE TAYLOR ST, Portland, OR 97215

    • 2 Beds
    • 2 Baths
    • 1,924 Sq.Ft.
  • 7614 SE 65TH AVE Pending

    $439,900

    7614 SE 65TH AVE, Portland, OR 97206

    • 5 Beds
    • 3 Baths
    • 1,381 Sq.Ft.
  • 5308 SE 113TH AVE For Sale

    $429,900

    5308 SE 113TH AVE, Portland, OR 97266

  • 5425 SW VIEW POINT TER For Sale

    $425,000

    5425 SW VIEW POINT TER, Portland, OR 97239

    • 2 Beds
    • 3 Baths
    • 1,710 Sq.Ft.
  • 1150 NW QUIMBY ST 512 For Sale

    $414,000

    1150 NW QUIMBY ST 512, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 928 Sq.Ft.
  • 8712 N DECATUR ST 303 For Sale

    $380,000

    8712 N DECATUR ST 303, Portland, OR 97203

    • 2 Beds
    • 2 Baths
    • 1,213 Sq.Ft.
  • 12020 NE THOMPSON ST For Sale

    $369,900

    12020 NE THOMPSON ST, Portland, OR 97220

    • 4 Beds
    • 2 Baths
    • 1,200 Sq.Ft.
  • 9641 SE YUKON ST For Sale

    $365,000

    9641 SE YUKON ST, Portland, OR 97266

    • 2 Beds
    • 1 Bath
    • 913 Sq.Ft.
  • 31 NE 134TH PL For Sale

    $350,000

    31 NE 134TH PL, Portland, OR 97230

    • 4 Beds
    • 3 Baths
    • 1,632 Sq.Ft.
  • 2024 SW HOWARDS WAY 405 For Sale

    $345,000

    2024 SW HOWARDS WAY 405, Portland, OR 97201

    • 2 Beds
    • 1 Bath
    • 936 Sq.Ft.
  • 2525 N KILLINGSWORTH ST 310 For Sale

    $345,000

    2525 N KILLINGSWORTH ST 310, Portland, OR 97217

    • 2 Beds
    • 2 Baths
    • 856 Sq.Ft.
  • 5394 SE 136TH AVE For Sale

    $325,000

    5394 SE 136TH AVE, Portland, OR 97236

    • 3 Beds
    • 3 Baths
    • 1,476 Sq.Ft.
  • 5916 SE 85TH AVE For Sale

    $319,000

    5916 SE 85TH AVE, Portland, OR 97266

    • 2 Beds
    • 1 Bath
    • 588 Sq.Ft.
  • 5807 NE 10TH AVE 108 Pending

    $315,000

    5807 NE 10TH AVE 108, Portland, OR 97211

    • 2 Beds
    • 1 Bath
    • 694 Sq.Ft.
  • 0 NE 13TH AVE Pending

    $309,000

    0 NE 13TH AVE, Portland, OR 97211

  • 15045 NE ROSE PKWY For Sale

    $300,000

    15045 NE ROSE PKWY, Portland, OR 97230

    • 2 Beds
    • 3 Baths
    • 1,896 Sq.Ft.
  • 1103 SW MAPLECREST DR For Sale

    $250,000

    1103 SW MAPLECREST DR, Portland, OR 97219

  • 820 NW NAITO PKWY G2 For Sale

    $220,000

    820 NW NAITO PKWY G2, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 700 Sq.Ft.
  • 1132 SW 19TH AVE 309 For Sale

    $217,000

    1132 SW 19TH AVE 309, Portland, OR 97205

    • 1 Bed
    • 1 Bath
    • 662 Sq.Ft.
  • 13045 SE STARK ST 109 For Sale

    $55,000

    13045 SE STARK ST 109, Portland, OR 97233

    • 2 Beds
    • 1 Bath
    • 820 Sq.Ft.
  • 13055 SE STARK ST 5 For Sale

    $55,000

    13055 SE STARK ST 5, Portland, OR 97233

    • 3 Beds
    • 1 Bath
    • 728 Sq.Ft.
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