3911 SE 28th Pl - Apartments FOR SALE


Portland, OR 97202- Creston-Kenilworth
$1,395,000 USD
503-390-6060
3911 SE 28th Pl, Portland, OR for Sale
$1,395,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

3911 SE 28th Pl
Portland, OR 97202
Creston-Kenilworth


OVERVIEW

Creston-Kenilworth 6-unit multifamily totaling 5,521 SF across three vintage buildings on two tax lots. Unit mix includes a 3-bed home, 1-bed home, and four-plex with two studios and two 1 bed/1bath. Recent interior updates and roof on the 4-plex in 2023. Current gross scheduled income is $123,204 per year with upside as units are pushed to market rents. Showing only with an accepted offer to purchase. Please do not disturb the residents. Member(s) of the selling entity are Licensed Real Estate Brokers in the State of Oregon. Tax lots: R195568 & R195567

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$308 USD /SF

# OF UNITS

6

PRICE/UNIT

$232,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

28th Place Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R2.5

APN/PARCEL ID

R195568

ASK ABOUT THIS PROPERTY

Eric SwansonSMI Real EstateMore Info
503-390-6060

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Eric SwansonSMI Real EstateMore Info
503-390-6060

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