1814 SE Madison St - Apartments FOR SALE


Portland, OR 97214- Buckman
$1,750,000 USD
503-908-4908
1814 SE Madison St, Portland, OR for Sale
$1,750,000 USD
Apartments - FOR SALE
1/9
null | 5.6% Cap Rate

1814 SE Madison St
Portland, OR 97214
Buckman


OVERVIEW

Spectacular 6-plex on a beautiful tree lined tree in the close-in SE Portland, Buckman Neighborhood. Just a block from the cafes restaurants on Hawthorne Blvd. The front 4 units of the 6-plex were built with a logical and functional layout and they maintain the original charm of this 1904 building; however, they have been updated and upgraded for comfort and functionality. All 4 units in the main building have private secure basements with laundry facilities. The back part of the 6 plex has 2 units in the converted "Carriage House". Both units have been updated and upgraded as well.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$181 USD /SF

# OF UNITS

6

PRICE/UNIT

$291,667

CAP RATE

5.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1814 SE Madison

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM2

APN/PARCEL ID

R196916

ASK ABOUT THIS PROPERTY

Brian PorterJMA PropertiesMore Info
503-908-4908

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Brian PorterJMA PropertiesMore Info
503-908-4908

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