17-Unit Portland Multifamily Portfolio Multi-Family FOR SALE


Portland, OR - Cully
$5,424,900 USD
503-709-4632
, Portland, OR for Sale
$5,424,900 USD
Multi-Family - FOR SALE
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17-Unit Portland Multifamily Portfolio
Portland, OR
Cully


HIGHLIGHTS

  • Newly built 17-unit multifamily portfolio
  • Constructed between 2023–2025,
  • Individually metered units
  • Majority of units currently leased
  • Turnkey performance with strong operational efficiency
  • Attractive tax advantages

OVERVIEW

Investor Opportunity – Newly Built 17-Unit Portland Multifamily Portfolio! An exceptional opportunity to acquire a newly constructed 17-unit multifamily portfolio across three high-performing Portland neighborhoods: Cully, Kenton, and St. Johns. Property 1: 5855 NE Prescott Ave, Portland, OR 97218 - 4-Units Property 2: 2329 N Lombard St. Portland, OR 97217 - 5-Units Property 3: 6611 N Fessenden St Portland, OR 97203 - 8-Units Built between 2023 and 2025, each building showcases modern design with high-end nishes, open layouts, and oversized windows that ll the interiors with natural light. The combination of thoughtful design and new construction ensures lasting tenant appeal and minimal ongoing maintenance. Every unit is individually metered, providing simplied management and reduced operating costs. With the majority of units currently leased and income-producing, investors benet from immediate cash ow and potential for continued rent growth and appreciation across some of Portland’s most stable rental markets. In Cully, residents enjoy easy access to Tamale Boy, Baerlic Brewing, Coee Beer, and outdoor spaces such as Khunamokwst Park and the Beaumont Village corridor. Kenton oers a close-knit community anchored by Kenton Park and the Denver Avenue retail district, where tenants frequent Po’Shines Café De La Soul, Mayy Taproom, and Prince Coee. St. Johns attracts long-term renters with its riverfront charm and vibrant main street featuring Cathedral Park, StormBreaker Brewing, Great North Coee, and St. Johns Theater & Pub. This portfolio delivers turnkey performance and operational eciency; the recent construction oers strong tax depreciation benets and reduced capital expenditure needs. With stable tenancy, desirable locations, and contemporary design, investors gain both dependable returns and long-term upside potential. Whether held as a complete portfolio or considered individually for strategic exibility, these assets provide scale, stability, and enduring value in three of Portland’s most in-demand rental neighborhoods.

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Darryl Bodle IIKeller Williams CommercialMore Info
503-709-4632

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Darryl Bodle IIKeller Williams CommercialMore Info
503-709-4632

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