Shawn Realty 503-515-44992,480 sq ft
3511 SE MILWAUKIE AVE, Portland, OR 97202
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- Building Area
- 2,480 sq ft
- Price/Sq Ft
- $282/sq ft
- Year Built
- 1973
- County
- Multnomah
- Annual Tax
- $6,169 (2025)
- Days on Market
- 116 days
- Open House
- None scheduled
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.
Facts & Features
| Property Type | Commercial Sale |
|---|---|
| Sub-Type | Commercial |
| Building Area (sq ft) | 2480 |
| Lot Size (acres) | 0.09 |
| Lot Size (sq ft) | 3920 |
| Year Built | 1973 |
| County | Multnomah |
| Heating | Heat Pump |
| Cooling | Central Air |
| Roof | Composition |
| View | No |
| Parking | On Site |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $6,169 |
| Tax Year | 2025 |
| Original List Price | $700,000 |
| RMLS # | 531329891 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by John Mahaffy • Georgetown Realty Inc.
Contact: accounting@gtrealty.com
Listing updated: Nov 5, 2026 at 6:35pm
Source: RMLS #531329891 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/14/2026 08:15. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty