2606 SE Pine St - Apartments FOR SALE


Portland, OR 97214- Buckman | 
$734,900 USD
503-222-0282
2606 SE Pine St, Portland, OR for Sale
$734,900 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

2606 SE Pine St
Portland, OR 97214
Buckman


HIGHLIGHTS

  • Excellent Kerns location walkable to 28th ammentities
  • On-site laundry and full height basement
  • Excellent owner-occupied or investment opportunity in a well insulated and stable submarket

OVERVIEW

Classic Portland Victorian duplex on a corner lot in Kerns, blocks from the SE 28th Avenue restaurant and coffee corridor and minutes to the Central Eastside. Two 2 bed / 1 bath units — 792 sq ft up, 736 down — each with a private entrance, its own A/C system, tall ceilings and oversized windows. The vacant lower unit shows beautifully: bamboo floors throughout, a five-window bay in the living room, open dining, and a kitchen with breakfast-bar peninsula, dishwasher and generous cabinetry. Updated bath with tile floors, deep vanity and ample storage; one bedroom offers a wardrobe. The upper unit is occupied at $2,050 and shares the same efficient layout. Dedicated basement storage for each unit plus shared laundry. Fish-scale shingles, decorative brackets and a scalloped frieze outside, framed by mature shade trees with easy-care grounds. Occupy one unit and let the other carry the note, or lease both at market.

FOR SALE DETAILS

PRICE

$734,900 USD

PRICE/SF

$481 USD /SF

# OF UNITS

2

PRICE/UNIT

$367,450

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2606 SE Pine

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,617 SF

ZONING

R5

APN/PARCEL ID

R244722

ASK ABOUT THIS PROPERTY

Cory CarlsonConstant Commercial Real Estate IncMore Info
503-222-0282

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Cory CarlsonConstant Commercial Real Estate IncMore Info
503-222-0282

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