1215 NW 21st Ave - Apartments FOR SALE


Portland, OR 97209- Uptown Portland
$1,700,000 USD
503-225-8487
1215 NW 21st Ave, Portland, OR for Sale
$1,700,000 USD
Apartments - FOR SALE
1/44
null | 5.76% Cap Rate

1215 NW 21st Ave
Portland, OR 97209
Uptown Portland


HIGHLIGHTS

  • 4 small office spaces in the basement
  • Basement storage lockers for each apartment
  • Secured access with alarm system and security camera
  • Well maintained and operated
  • Strong unit mix with seven 2 bed/1 bath units, a 1/1, and 3/1
  • Walking distance to numerous retail, service & entertainment options

OVERVIEW

Norris & Stevens Inc., as the exclusive listing agent, is pleased to present for purchase, the Evelyn Apartments. The Evelyn Apartments is a vintage northwest Portland 9-unit property located in the Nob Hill neighborhood of downtown Portland. The Evelyn is made up primarily of 2 bed/1 bath units with a 1 bedroom and a 3 bedroom as well. The property is conveniently located offering access to countless restaurants, shops, entertainment, and services. It sits on the same block as Legacy Medical Center and just 2 blocks from NW 23rd Avenue, along with being just a few blocks from the Pearl district and Slabtown. Nob Hill is one of the most desirable neighborhoods in Portland. The lively community spirit serves as a consistent draw for the neighborhood in addition to its unique historic charm and central locale. A broad mix of eclectic local businesses provides residents with tasty eats and entertainment options while quiet residential streets create a pleasant, small-town vibe.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$217 USD /SF

# OF UNITS

9

PRICE/UNIT

$188,889

CAP RATE

5.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Evelyn Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1911

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,001 SF

ZONING

N/Av

APN/PARCEL ID

R141318

ASK ABOUT THIS PROPERTY

David ChatfieldNorris & Stevens, Inc.More Info
503-225-8487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

David ChatfieldNorris & Stevens, Inc.More Info
503-225-8487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.