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Portland,OR 97211
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,956 sqft
Price per Sqft $438
MLS Listing ID 401313319
Year Built 2025
Tax Year 2025
Lot Size 10,890 Sqft
Property Description
This collection of three buildings and 17 units, completed between 2024 and 2025, combines modern design, durable construction, and refined finishes that appeal to today's tenants and investors alike. Each property features premium materials, energy-efficient systems, and low-maintenance landscaping, creating a high-quality, turnkey investment. All units are vacant and move-in ready, allowing for immediate leasing and quick tenant turnaround. Each residence is individually metered and offers a private outdoor living space, providing comfort and day-to-day convenience. Located in Reed, Creston-Kenilworth, and Concordia, the portfolio is surrounded by neighborhood amenities, parks, and major institutions including Reed and Lewis & Clark Colleges. These prime locations ensure consistent tenant demand and strong long-term appreciation potential. An outstanding opportunity to acquire new, high-performing assets in sought-after areas of Portland, designed for both tenant satisfaction and investor success. Taxes & rental income are estimated. Buyer to perform all due diligence regarding the projected rental income.
Location
State OR
County Multnomah
Area _142
Zoning CM1
Rooms
Basement Crawl Space
Interior
Heating Mini Split
Cooling Mini Split
Exterior
View Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Faubion
Middle Schools Faubion
High Schools Jefferson
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.youtube.com/watch?v=f7ABM7A629g