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Listed by GA Cooke Real Estate Services
$1,975,000
Est. payment /mo
6,300 SqFt
Active
4405 SE 15TH AVE Portland, OR 97202
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $313
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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Suzanne Clark
Your Trusted Advisor, Principle Broker, Licensed in OR | License ID: 200608182