4405 SE 15TH AVE new

Portland,OR 97202

$ 1995000

- Bed

- Bath

6300 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $316

MLS Listing ID 617529654

Year Built 1970

Annual Tax Amount $18,527

Tax Year 2024

Lot Size 0.290 Acres

Property Description

Eleven unit apartment community with history of high occupancy and cash flow. Priced at a 5.75% cap rate on 2024 financials. Many recent property updates and off street parking has helped the property maintain 98% occupancy over the last two years. Owner is a real estate broker in Oregon.

Location

State OR

County Multnomah

Community Laundry

Area _143

Zoning multi

Interior

Heating Wall Heater

Exterior

Community Features Laundry

Roof Type Composition

Garage No

Building

Story 3

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Grout

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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