Tam-O-Shanter Apartments

4514 & 4484 Southeast Boardman Avenue, Milwaukie, OR 97267

Property Information

  • For Sale $2,350,000
  • Property Type Multi-Family
  • Property Size 14,500 SF
  • Units 15
  • Lot Size 0.94 Acre
  • Date Updated May 4, 2026

Description

Tam-O-Shanter is located at 4484 SE Boardman Avenue in the Jennings Lodge neighborhood of unincorporated Clackamas County, just off SE McLoughlin Boulevard with quick access to I-205 and downtown Portland. Residents enjoy the adjacent Trolley Trail, the nearby Boardman Wetlands Nature Playground, and Meldrum Bar Park along the Willamette River. Everyday retail — including Fred Meyer and Walmart — is within walking distance, TriMet bus service runs along the corridor, and the SE Park Ave MAX Station provides a direct connection to the broader metro area.Tam-O-Shanter is a 15-unit value-add multifamily property in Milwaukie's Jennings Lodge neighborhood, offered together with an adjacent 6,055 SF commercially zoned lot. With a majority of units in original condition and below-market rents, there is a clear path to increased income through renovation, while the additional lot provides further opportunity for future development or expansion.

Highlights

  • 15-unit value-add multifamily with clear upside through unit renovation and rent growth
  • Call listing brokers for more details
  • Mix of eight loft-style 1-bed/1.5-bath units and seven 2-bed/1.5-bath townhouses with in-unit laundry
  • Offered with an adjacent 6,055 SF commercially zoned lot, adding future development potential
  • Vacant units available for immediate renovation and lease-up at market rents

Contacts

Cooper Collins

Macadam Forbes

Location

Located at 4514 & 4484 Southeast Boardman Avenue, Milwaukie, OR 97267, this property is part of the Jennings Lodge neighborhood and Portland market.

Contact Listing Broker
Cooper Collins

Macadam Forbes

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