4545 Southeast Ina Avenue

Milwaukie, OR 97267

$2,999,900
Price
Beds
16,014 Sq. Ft.
$187 / Sq. Ft.
16,014
Sq. Ft.
$187
per Sq. Ft.

Description

Jennings Lodge in Milwaukie is an 18 unit property built in 1972 and features 12- 2Bed/1Bath apartments and 6- 1Bed/1Bath apartments. New exterior paint 2023, new roof 2017, seal coat and stripe parking lot 2023 and 10 of 18 units have had interior updates over the last 3 years. Conveniently located just a half block to public transportation and easy freeway access to Hwy 205. Fully occupied, this courtyard style plex with it's central pergola, raised beds and benches, is close to local services,...Jennings Lodge in Milwaukie is an 18 unit property built in 1972 and features 12- 2Bed/1Bath apartments and 6- 1Bed/1Bath apartments. New exterior paint 2023, new roof 2017, seal coat and stripe parking lot 2023 and 10 of 18 units have had interior updates over the last 3 years. Conveniently located just a half block to public transportation and easy freeway access to Hwy 205. Fully occupied, this courtyard style plex with it's central pergola, raised beds and benches, is close to local services, grocery, dining as well as parks and the river. Jennings Lodge is fully occupied with rental rates below the current market and is priced at $167K per door. It has 18 parking spots and two handicap spaces. Each unit has it's own storage and there is on site laundry. Current rents $20,275 per month.
  1. Listed by Doug Landers • John L. Scott Portland Central • neportland@johnlscott.com
  2. Listed by Carol Ann Landers • John L. Scott Portland Central

Property Details for 4545 Southeast Ina Avenue

Parking Features
Assigned, Off Street
Zoning
MR1
Garage Spaces
.00
Parking Total
18.00

Location

Listing Courtesy of John L. Scott Portland Central
Add your commute
LISTING UPDATED: 04/19/2024 11:28 AM

Property Details for 4545 Southeast Ina Avenue

StatusActive
MLS #24095894
Days on Market43
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1972
Lot Size0.54 AC / 23,522 SF
CountyClackamas County

Location

Listing Courtesy of John L. Scott Portland Central
Add your commute

Building Information for 4545 Southeast Ina Avenue

Stories2Residences18Year Built1972Building Size-Lot Size0.54 AC / 23,522 SF

Payment Calculator

$16,372 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4545 Southeast Ina Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SE Mc Loughlin Blvd, East on SE Ina Ave
  • Road Surface: Paved
School Information
  • Elementary School: Jennings Lodge
  • High School: Oregon City
  • Middle Or Junior School: Gardiner
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $.00
  • Parcel Number: 00512895
  • Tax Legal Description: SECTION 18 TOWNSHIP 2S RANGE 2E QUARTER BC TAX LOT 01500
Property
Lot Information
  • Acres: 0.54
  • Lot Description: Level, Public Road
  • Lot Size Square Feet: 23522.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1972
Utilities
  • Fuel Description: Electricity
  • Heating Description: Ceiling
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, Stucco
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 18
  • Gross Income Actual: $208,069.00
  • Gross Income Projected: $259,992.00
  • Gross Rent Multiplier: $14.42
  • Investor Information: According To Owner, Annual Property Operation Data, Profit Loss Statement, Rent Records
  • Net Income Actual: $141,853.00
  • Net Income Projected: 187215
  • Operating Expenses Projected: $72,777.00
  • Operating Expense: $66,216.00
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6
  • Common Amenities: Commons, Laundry
  • SqFt Approximate Building Total: 16014
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $1,000
  • Unit Type 1 SqFt: 600.0
  • Unit Type 1 Units Total: 5
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $1,095
  • Unit Type 2 SqFt: 600.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator
  • Unit Type 3 Rent: $1,090
  • Unit Type 3 SqFt: 900.0
  • Unit Type 3 Units Total: 2
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Range, Refrigerator
  • Unit Type 4 Rent: $1,100
  • Unit Type 4 SqFt: 900
  • Unit Type 4 UnitsTotal: 2
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Dishwasher, Range, Refrigerator
  • Unit Type 5 Rent: $1,200
  • Unit Type 5 SqFt: 900.0
  • Unit Type 5 Units Total: 6
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Beds Total: 2
  • Unit Type 6 Features: Dishwasher, Range, Refrigerator
  • Unit Type 6 Rent: $1,300
  • Unit Type 6 SqFt: 900.0
  • Unit Type 6 Units Total: 2

Property History for 4545 Southeast Ina Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4545 Southeast Ina Avenue

Taxable ValueLand-Additions-Total-
Home Facts
Lot Size23,522 SqFtStyleMulti-Family Dwelling (2-4)Year Built1968ZoningMR1CountyCLACKAMASAPN22E18BC01500

Schools near 4545 Southeast Ina Avenue

This home is within Oregon City School District 62.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Jennings Lodge Elementary School
PublicK to 2

Candy Lane Elementary School
Public2 to 5

Gardiner Middle School
Public6 to 8

Oregon City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4545 Southeast Ina Avenue is a multi-family home for sale in Milwaukie, OR 97267. This property was listed for sale on March 21, 2024 by John L. Scott Portland Central, it's currently listed at $2,999,900. It has been on the market for a total of 43 days and was last sold on June 29, 2012. This listing's school district is Oregon City School District 62. Nearby schools include Jennings Lodge Elementary School, Candy Lane Elementary School and Gardiner Middle School. 4545 Southeast Ina Avenue is a 0-bed, 0-bath, 16,014 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott Portland Central

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 04/19/2024 11:28 AM