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Listed by Constant Commercial Real Estate Inc • 503-222-0282
$ 949,000
Est. payment | /mo
2,824 SqFt
$ 949,000
Est. payment | /mo
2,824 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,824 sqft
Price per Sqft $336
MLS Listing ID 314073309
Year Built 1908
Annual Tax Amount $12,435
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Charming, fully restored 6-unit building in Portland's Buckman neighborhood, between the popular Belmont and Hawthorne shops and restaurants. Walk Score 96 (Walker's Paradise) & Bike Score 97 (Biker's Paradise). 2018 studs-out remodel included electrical wiring and panels, water lines, water heaters, doors, bathrooms, common area, washer/dryer/storage room, and kitchens with new cabinets, quartz countertops, and stainless appliances. New roof in 2020; common-area windows in 2021. Unit mix: three 1BD/1BA, one 2BD/1BA, and two upstairs studios sharing one bath — currently 100% occupied. A prime close-in investment opportunity to acquire a turn-key, well-performing asset in one of Portland's strongest submarkets. Current gross monthly income: $8,015 base rent + $75 pet rent, with 2025 utility reimbursements averaging ~$536/month.
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Rooms
Basement Finished
Interior
Heating Wall Heater
Cooling Wall Unit
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Buckman
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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