3,614
Sq. Ft.
0.45
Acre Lot
Courtesy: SMI Commercial Real Estate LLC
Single level 6-plex in SE Portland, sitting on a large 0.74 acre lot. All units are 1-bedroom / 1-bath and have been recently remodeled. New flooring, cabinets, counters, paint, and gutters. Average rents at $1,082 with highest achieved at $1,206. Washer/Dryer Hookups in each unit. Newly landscaped with large off-street gravel parking lot. Located just East of Flavel Park and Whitman Elementary. The owners have decided to offer the asset at a value that reflects its current use, without factoring in the added premium for its considerable future development potential. When compared to the average price per square foot of similar land sales in the area, it appears the subject property's land is likely worth more than the existing 6-plex.
24071939
Residential Income - Other, 1 Story
1950
Multnomah
0.45
Acres
1
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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Arrows indicate 90 day trend
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Courtesy: Eric Swanson, SMI Commercial Real Estate LLC
Agent Office Phone: 503-390-6060
Agent License: 201221479
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Listing content is © 2021 RMLS™, Portland, Oregon.
Listing content is © 2021 RMLS™, Portland, Oregon.