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, 275per month.
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The average household income in
Portland, OR
grew
from
$66,187
to
$73,097
in the past year. This data is an estimate based upon
273,607
households in
Portland, OR. The chart below presents how household income is distributed in
Portland, OR
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Portland, OR
compared to median property taxes around the country. The prevalent amount of property taxes in
Portland, OR
equals
$3k+
, which is
more
than the national average.