1804 NE 14th Ave - Apartments FOR SALE


Portland, OR 97212- Irvington
$1,500,000 USD
503-225-8492
1804 NE 14th Ave, Portland, OR for Sale
$1,500,000 USD
Apartments - FOR SALE
1/46
null | 5.3% Cap Rate

1804 NE 14th Ave
Portland, OR 97212
Irvington


HIGHLIGHTS

  • Premier Irvington Location – Situated in one of Portland's most desirable and historically significant neighborhoods
  • Stabilized Cash Flow
  • Historic Character with Modern Updates
  • Professionally Managed Asset
  • Strong Rental Market Fundamentals
  • Walkable Urban Amenities

OVERVIEW

Norris & Stevens, Inc., as the exclusive listing agent, is pleased to present Irvington Seven, a seven-unit multifamily investment opportunity located at 1804 NE 14th Avenue and 1407 NE Schuyler Street, Portland, OR 97212, in the heart of Portland's highly desirable Irvington neighborhood. Originally constructed in 1909, this historic property has been thoughtfully maintained and enhanced through numerous interior and exterior renovations, blending classic architectural character with modern tenant appeal. The property is fully occupied and professionally managed, offering investors immediate, stabilized cash flow in one of Portland's most sought-after residential submarkets.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$344 USD /SF

# OF UNITS

7

PRICE/UNIT

$214,286

CAP RATE

5.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RM3

APN/PARCEL ID

R182589

ASK ABOUT THIS PROPERTY

Raymond DuchekNorris & Stevens, Inc.More Info
503-225-8492

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Raymond DuchekNorris & Stevens, Inc.More Info
503-225-8492

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