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Listed by Apex Residential
$ 2,400,000
Est. payment | /mo
3,458 SqFt
$ 2,400,000
Est. payment | /mo
3,458 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,458 sqft
Price per Sqft $694
Subdivision Northwest District
MLS Listing ID 24340236
Year Built 1890
Annual Tax Amount $22,069
Tax Year 2024
Lot Size 0.260 Acres
Property Description
Rare opportunity to acquire a value add 11 unit multifamily in one of the most sought after neighborhood in all of Portland. The property consists of two buildings and 11 units. The wood framed brick building is 6 units, all one bedrooms. The Victorian is 3 levels and 5 units, high ceilings with recent upgrades including electrical. The property is in receivership, please see offer instructions. All numbers are based on proforma and in line with market rates. Not all leases on the property have been verified and is under new property management. There is an incredible amount of upside on this asset.
Location
State OR
County Multnomah
Community Alllandscaping, Laundry
Area _148
Zoning RM4
Rooms
Basement Full Basement
Interior
Heating Mini Split
Cooling Other
Exterior
Community Features AllLandscaping, Laundry
Roof Type Flat,Other
Garage No
Building
Lot Description Level
Story 3
Foundation Block, Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Chapman
Middle Schools West Sylvan
High Schools Lincoln
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
