1607 NE 26th Ave - Apartments FOR SALE


Portland, OR 97232- Sullivan's Gulch
$1,150,000 USD
360-921-5661
1607 NE 26th Ave, Portland, OR for Sale
$1,150,000 USD
Apartments - FOR SALE
1/34
null | 6.45% Cap Rate

1607 NE 26th Ave
Portland, OR 97232
Sullivan's Gulch


OVERVIEW

Great Sullivan's Gulch Hollywood neighborhood. This small complex is in a terrific location, One block off NE Broadway, close to entertainment, restaurants, bars, shopping and coffee shops. Within blocks of Fred Meyer and New Seasons. Close to bus and MAX lines and I-84. Great location between Lloyd Center and scenic Grant Park. Laundry facilities on site. Additional storage for each unit. Off street parking. Water and garbage included. Roof replaced in June 2025, driveway asphalted in 2017, all units have electric cadet heating, solid surface flooring. This is a great investment opportunity.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$301 USD /SF

# OF UNITS

5

PRICE/UNIT

$230,000

CAP RATE

6.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R2.5

APN/PARCEL ID

R128171

ASK ABOUT THIS PROPERTY

Patrick WilliamsWindermere Realty TrustMore Info
360-921-5661

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Patrick WilliamsWindermere Realty TrustMore Info
360-921-5661

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