Listed by Norris & Stevens
Unpriced
Riverview Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 33,084
Units 40
Year Built 1978
Buildings 5
Acreage 2.410
Zoning R-HD (High-Density Residential)
40-Unit Multi-family | Milwaukie, OR
Marketing description
RECENT CAPITAL IMPROVEMENTS
• Roofs Replaced: 2020
• Siding Replaced: 2020
• Windows Replaced: 2020
• Garage Doors Replaced: 2021
• Decks & Stairways Replaced: 2021 (one stairway remaining)
• Gutters & Downspouts Replaced: 2022
• Sidewalks & Curbs Replaced: 2025
• Retaining Walls Installed: 2025
• Landscaping & Irrigation Installed: 2025
Investment highlights
- Milwaukie location, near Portland's city limits and the MAX Orange Line, McLoughlin Blvd, and Hwy 224
- 13 on-site garages, uncommon in this submarket
- Original interior finishes in majority of units offer value-add upside to market rents
- Limited new multifamily supply in the submarket
- 40-unit scale attractive to both regional and institutional buyers
Listing Contacts
Listed by Norris & Stevens
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