This exceptional 24-unit income-producing property on NE Sandy Boulevard presents a rare investment opportunity in one of Portland’s most accessible and high-visibility corridors. The property spans nearly one acre and includes multiple buildings, featuring a spacious 4-bedroom, 2-bath manager’s residence and an on-site office. Its flexible configuration supports multigenerational living, extended-stay occupancy, or redevelopment potential, making it attractive for both owner-operators and investors seeking additional rental income.
Strategically positioned along NE Sandy Blvd, the property benefits from strong traffic counts, proximity to major transportation routes, and easy access to Portland International Airport, I-205, and key retail and service amenities. The surrounding area is undergoing significant infrastructure upgrades, driving neighborhood growth and long-term appreciation. Floor plans are available upon request, and the property’s current use as a commercial and multi-family site offers multiple paths for value creation.
With its combination of location strength, operational versatility, and redevelopment upside, this asset is well-suited for continued income generation or a repositioning strategy.