2616 SE Pine St - Apartments FOR SALE


Portland, OR 97214- Buckman | 
$634,900 USD
503-222-0282
2616 SE Pine St, Portland, OR for Sale
$634,900 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

2616 SE Pine St
Portland, OR 97214
Buckman


HIGHLIGHTS

  • Excellent Kerns neighborhood location and walkability
  • Full height basement with on-site laundry
  • Versatile owner-occupied and/or investment potential

OVERVIEW

Two-unit Victorian, built in 1898, on a classic Kerns block blocks from the SE 28th Avenue restaurant and coffee corridor and minutes to the Central Eastside. Two 1 bed / 1 bath units — 740 sq ft down, 650 up — each with a private entrance and period detail throughout: arched openings, picture rail, deep window casings, and bay windows in both the living room and the kitchen. The vacant lower unit is ready for an owner-occupant or immediate lease-up, with fresh paint, wood-look flooring, a white shaker kitchen with generous pantry storage, updated full bath, and screened porch entry. The upper unit is occupied at $1,495. Rare for the neighborhood, the property includes off-street parking with a private driveway and detached garage. Full basement adds shared laundry plus substantial workshop and storage. Fenced yard under mature trees.

FOR SALE DETAILS

PRICE

$634,900 USD

PRICE/SF

$456 USD /SF

# OF UNITS

2

PRICE/UNIT

$317,450

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2616 SE Pine Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1898

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,551 SF

ZONING

R5

APN/PARCEL ID

R244721

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.