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$650,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
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Welcome to this updated single-level duplex on a large corner lot with spacious, fully fenced backyard & patio. Each unit is features 2 bedrooms, 1 bath & 822 square feet, including a cozy living room with a fireplace & kitchen with refrigerator, range & built-in microwave. Both units are fully leased with an excellent rental history, generating a projected annual income of $43,080. Each home includes an attached garage, additional driveway parking, and all appliances. Close to Parks, Schools, Hospital, Shopping & much more...This duplex has been well maintained inside and out. Please do not disturb tenants.

Full Property Details for 8845 SE 40th Ave

General

  • Price: $650,000
  • Taxes: $5,426 (2024)
  • Status: Pending
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 202360373
  • Updated: 12/11/2025
  • Added to Site: 80 day(s) ago

Rental Information

  • Rent Includes: Water

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway, Garage

Location

  • County: Clackamas
  • Subdivision: Ardenwald / Milwaukie
  • Driving Directions: Johnson Creek Blvd to Se 40th South on Se 40th to address

School Information

  • Elementary School: Ardenwald
  • Middle School: Rowe
  • High School: Milwaukie

Community

  • Community Name: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Heating & Cooling

  • Heating Type: Baseboard, Wood Stove
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 1,644
  • Year Built: 1977
  • Property Condition: Approximately

Lot Features

  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Paved
  • Lot Features: Corner Lot

Financial Considerations

  • Operating Expenses: $9,278
  • Tax Amount: $5,426.37
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: 555 MASONMEAD LTS 1&2 BLK 3
  • Disclosures/Reports: Disclosure
  • Property ID: 698

Listed by Soldera Properties, Inc (503) 334-1515, Alicia Dart (503) 318-6716 and Soldera Properties, Inc (503) 334-1515, Bobbi Inman (503) 970-2740

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Listing agents

— 8845 SE 40th Ave —

  • Alicia Dart

    Soldera Properties, Inc

    503-334-1515

  • Bobbi Inman

    Soldera Properties, Inc

    503-334-1515

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 8845 SE 40th Ave

School District:North Clackamas School District 12
NameGradesDistance
Ardenwald Elementary School
8950 Southeast 36th Avenue, Milwaukie, OR 97222
K-50.1 mi
Rowe Middle School
3606 Southeast Lake Road, Milwaukie, OR 97222
6-81.8 mi
Milwaukie High School
2301 Southeast Willard Street, Milwaukie, OR 97222
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8845 SE 40th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2025
Listed
$650,000
381.48%
MLS
11/09/2000
Sold
$135,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8845 SE 40th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,426
4%
$246,603
3%
2024
$5,240
3%
$239,421
3%
2023
$5,094
9%
$232,448
6%
2021
$4,670
-3%
$219,105
-3%
2022
$4,839
4%
$225,678
6%
2021
$4,670
5%
$212,724
3%
2019
$4,457
12%
$206,529
3%
2018
$3,964
3%
$200,514
3%
2017
$3,850
3%
$194,674
3%
2016
$3,721
5%
$189,004
3%
2015
$3,543
5%
$183,499
3%
2014
$3,361
3%
$178,154
3%
2013
$3,278
—
$172,965
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 8845 SE 40th Ave

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Listed by Soldera Properties, Inc (503) 334-1515, Alicia Dart (503) 318-6716 and Soldera Properties, Inc (503) 334-1515, Bobbi Inman (503) 970-2740

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8845 SE 40th Ave, Milwaukie, OR 97222 (MLS# 202360373) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 8845 SE 40th Ave is currently listed for $650,000 and was received on October 30, 2025. Want to learn more about 8845 SE 40th Ave? Do you have questions about finding other Multi-Family real estate for sale in Milwaukie? You can browse all Milwaukie real estate or contact a Coldwell Banker agent to request more information.

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