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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

    $1,925,000

    6820 SE 29TH AVE, Portland, OR 97202

    • 5 Beds
    • 4 Baths
    • 4,664 Sq.Ft.
  • 5247 SW GARDEN HOME RD Pending

    $975,000

    5247 SW GARDEN HOME RD, Portland, OR 97219

    • 3 Beds
    • 4 Baths
    • 3,050 Sq.Ft.
  • 2357 NW QUIMBY ST 24 Pending

    $925,000

    2357 NW QUIMBY ST 24, Portland, OR 97210

    • 3 Beds
    • 4 Baths
    • 2,311 Sq.Ft.
  • 2966 NW CORNELL RD, Portland For Sale

    $895,000

    2966 NW CORNELL RD, Portland, OR 97210

    • 4 Beds
    • 3 Baths
    • 2,850 Sq.Ft.
  • 3345 NE 126th Ave For Sale

    $785,000

    3345 Northeast 126th Avenue, Portland, OR 97230

    • 5 Beds
    • 3,528 Sq.Ft.
  • 1825 NE 53RD AVE For Sale

    $730,000

    1825 NE 53RD AVE, Portland, OR 97213

    • 3 Beds
    • 2 Baths
    • 1,885 Sq.Ft.
  • 5406 NE COUCH ST For Sale

    $630,000

    5406 NE COUCH ST, Portland, OR 97213

    • 3 Beds
    • 3 Baths
    • 1,797 Sq.Ft.
  • 5239 N EMERSON DR, Portland For Sale

    $575,000

    5239 N EMERSON DR, Portland, OR 97217

    • 2 Beds
    • 2 Baths
    • 1,794 Sq.Ft.
  • 14124 SE MILL ST For Sale

    $525,000

    14124 SE MILL ST, Portland, OR 97233

    • 3 Beds
    • 2 Baths
    • 2,200 Sq.Ft.
  • 2525 SW HUME CT Pending

    $525,000

    2525 SW HUME CT, Portland, OR 97219

    • 4 Beds
    • 3 Baths
    • 2,472 Sq.Ft.
  • 616 SE 60TH AVE For Sale

    $525,000

    616 SE 60TH AVE, Portland, OR 97215

    • 3 Beds
    • 2 Baths
    • 1,602 Sq.Ft.
  • 5265 SE LAMBERT ST For Sale

    $510,000

    5265 SE LAMBERT ST, Portland, OR 97206

    • 3 Beds
    • 2 Baths
    • 2,366 Sq.Ft.
  • 3712 SE 31ST AVE Pending

    $499,000

    3712 SE 31ST AVE, Portland, OR 97202

    • 4 Beds
    • 2 Baths
  • 8981 N DRUMMOND AVE Pending

    $490,000

    8981 N DRUMMOND AVE, Portland, OR 97217

    • 3 Beds
    • 3 Baths
    • 1,594 Sq.Ft.
  • 5425 SW VIEW POINT TER For Sale

    $475,000

    5425 SW VIEW POINT TER, Portland, OR 97239

    • 2 Beds
    • 3 Baths
    • 1,710 Sq.Ft.
  • 16627 SE BUSH ST Pending

    $474,000

    16627 SE BUSH ST, Portland, OR 97236

    • 4 Beds
    • 2 Baths
    • 1,600 Sq.Ft.
  • 4405 SE ALDER ST Pending

    $465,000

    4405 SE ALDER ST, Portland, OR 97215

    • 2 Beds
    • 2 Baths
    • 2,679 Sq.Ft.
  • 7570 SE DIVISION ST Pending

    $455,000

    7570 SE DIVISION ST, Portland, OR 97206

    • 3 Beds
    • 4 Baths
    • 1,610 Sq.Ft.
  • 11937 NE HOLLADAY ST For Sale

    $450,000

    11937 NE HOLLADAY ST, Portland, OR 97220

    • 3 Beds
    • 2 Baths
    • 1,236 Sq.Ft.
  • 11937 NE HOLLADAY ST For Sale

    $450,000

    11937 NE HOLLADAY ST, Portland, OR 97220

    • 3 Beds
    • 2 Baths
    • 1,236 Sq.Ft.
  • 3449 NE 81ST AVE For Sale

    $429,900

    3449 NE 81ST AVE, Portland, OR 97213

    • 3 Beds
    • 3 Baths
    • 1,329 Sq.Ft.
  • 5123/5125 NE KILLINGSWORTH ST For Sale

    $415,000

    5123/5125 NE KILLINGSWORTH ST, Portland, OR 97218

    • 4 Beds
    • 2 Baths
    • 1,702 Sq.Ft.
  • 16901 SE IVON ST For Sale

    $400,000

    16901 SE IVON ST, Portland, OR 97236

    • 2 Beds
    • 1 Bath
    • 2,048 Sq.Ft.
  • 3063 SE 112TH AVE Pending

    $399,900

    3063 SE 112TH AVE, Portland, OR 97266

    • 3 Beds
    • 2 Baths
    • 1,305 Sq.Ft.
  • 7453 N STOCKTON AVE For Sale

    $399,000

    7453 N STOCKTON AVE, Portland, OR 97203

    • 2 Beds
    • 2 Baths
    • 1,840 Sq.Ft.
  • 610 NE 79TH AVE For Sale

    $390,000

    610 NE 79TH AVE, Portland, OR 97213

    • 2 Beds
    • 1 Bath
    • 712 Sq.Ft.
  • 6099 NE Going ST Pending

    $385,000

    6099 NE Going ST, Portland, OR 97218

    • 2 Beds
    • 1 Bath
    • 1,759 Sq.Ft.
  • 725 NW FLANDERS ST 304 For Sale

    $375,000

    725 NW FLANDERS ST 304, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 1,104 Sq.Ft.
  • 836 S CURRY ST 1206 Pending

    $375,000

    836 S CURRY ST 1206, Portland, OR 97239

    • 1 Bed
    • 1 Bath
    • 982 Sq.Ft.
  • 6313 SE 96TH PL Pending

    $340,000

    6313 SE 96TH PL, Portland, OR 97266

    • 3 Beds
    • 2 Baths
    • 1,224 Sq.Ft.
  • 5394 SE 136TH AVE Pending

    $325,000

    5394 SE 136TH AVE, Portland, OR 97236

    • 3 Beds
    • 3 Baths
    • 1,476 Sq.Ft.
  • 606 NW NAITO PKWY A14 For Sale

    $290,000

    606 NW NAITO PKWY A14, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 691 Sq.Ft.
  • 606 NW NAITO PKWY A11 For Sale

    $270,000

    606 NW NAITO PKWY A11, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 691 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.
  • 15946 NE FREMONT ST For Sale

    $219,999

    15946 NE FREMONT ST, Portland, OR 97230

    • 3 Beds
    • 2 Baths
    • 1,073 Sq.Ft.
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