Ethos Commercial Advisors is pleased to present Kaye Manor Apartments, a 13-unit vintage apartment community located in the heart of Portland’s iconic Alphabet District. Built in 1905 and meticulously maintained by long-term ownership, the property features 9 studio units and 4 one-bedroom units, with potential for 2 additional units in the basement. Kaye Manor combines historic character with thoughtful modern upgrades, offering a unique investment opportunity in one of Portland’s most desirable rental submarkets.
Kaye Manor is a compelling long-term hold with embedded value in its condition, location, and expansion potential. The opportunity to build out additional units in the basement offers strong upside. The NW Portland market remains one of the most desirable rental submarkets in the region, with high demand and limited supply.