2018 NW Everett St - Apartments FOR SALE


Portland, OR 97209- Uptown Portland
$2,500,000 USD
503-241-5541
2018 NW Everett St, Portland, OR for Sale
$2,500,000 USD
Apartments - FOR SALE
1/8
null | 5.29% Cap Rate

2018 NW Everett St
Portland, OR 97209
Uptown Portland


OVERVIEW

Introducing the Everett Street Apartments, 19 units featuring renovated one-bedroom units with modern fixtures, hardwood floors, full kitchens (dishwashers and microwaves), ceiling fans, natural light, and private balconies. Amenities include controlled access with an intercom, an elevator, and on-site laundry. Everett underwent remodeling and updating to the plumbing and electrical in 1992 along with new common area paint and carpet installed in 2022. Located in the Northwest Portland neighborhood, the property is near educational institutions at all levels. Portland State University and Oregon Health & Science University (OHSU) are minutes away, making the apartments convenient for both students and faculty. This prime location embodies the concept of the 15-minute city, where daily necessities, recreational activities, and cultural experiences are all within a short walk, bike ride, or quick transit trip. Residents enjoy access to various eateries, cafes, and local businesses, including Fred Meyer and Trader Joe’s just a block away. Providence Park, home to the Portland Timbers and Thorns FC, is a 4-minute walk away, providing tenants with convenient access to live events. And quick access to Interstate 405 provides residents with easy access around the entire metro.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$181 USD /SF

# OF UNITS

19

PRICE/UNIT

$131,579

CAP RATE

5.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Everett Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,006 SF

ZONING

RH, Portland

APN/PARCEL ID

R198662

ASK ABOUT THIS PROPERTY

William ThompsonHFO Investment Real EstateMore Info
503-241-5541

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William ThompsonHFO Investment Real EstateMore Info
503-241-5541

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