327 S Idaho St - Multi-Family FOR SALE


Portland, OR 97239- South Portland
$975,000 USD
503-720-8147
327 S Idaho St, Portland, OR for Sale
$975,000 USD
Multi-Family - FOR SALE
1/12
null | 5.18% Cap Rate

327 S Idaho St
Portland, OR 97239
South Portland


HIGHLIGHTS

  • Built in 2024, Spud offers modern construction and minimal immediate maintenance needs, ideal for upscale rentals or owner-occupancy.
  • Turn-key opportunity with spacious townhouses featuring modern amenities and finishes.
  • Situated in the Johns Landing area, providing easy access to downtown Portland, I-5, OR 43 (S Macadam Ave) & OR 99W (SW Barbur Blvd).
  • Nearby grocers, restaurants, cafes, and retailers within minutes of the property; Macadam Market and Macadam Village are less than 0.5 miles away.
  • Blocks from Willamette Park, a 26-acre waterfront park with a boat dock and ramp, over 40-miles of trails, playground, soccer field, and tennis courts
  • Walk score of 79 and a bike score of 83, signifying a highly-walkable & bikeable neighborhood with proximity to parks, schools, and Downtown portland

OVERVIEW

Built in 2024, the Spud Duplex consists of one 2-bed/2-bath townhouse unit and one 3-bed/ 2-bath townhouse unit, totaling 2,184 SF. The property is perfect for an owner-occupier or an investor looking to lease a quality asset with future rental upside. The property is located in the heart of the popular Johns Landing neighborhood in South Portland, just minutes from downtown. Location is key for this property as it is centrally-positioned in close-in South Portland, near South Waterfront and Goose Hollow, OHSU, and downtown Portland’s CBD. This area is highly walkable and bikeable. Nestled near parks, trails, and local eateries, this South Portland location is minutes from downtown Portland and combines urban convenience with a peaceful neighborhood feel, ideal for work-life balance.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$446 USD /SF

# OF UNITS

2

PRICE/UNIT

$487,500

CAP RATE

5.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spud Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R273340

ASK ABOUT THIS PROPERTY

Jordan CarterKidder MathewsMore Info
503-720-8147

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

Jordan CarterKidder MathewsMore Info
503-720-8147

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