614 SW Jackson St - Apartments FOR SALE


Portland, OR 97201- Park Blocks
$2,525,000 USD
503-241-5541
614 SW Jackson St, Portland, OR for Sale
$2,525,000 USD
Apartments - FOR SALE
1/5
null | 5.94% Cap Rate

614 SW Jackson St
Portland, OR 97201
Park Blocks


OVERVIEW

Introducing the Palladian Apartments, a 20-unit apartment community in the heart of downtown Portland, OR. Built in 1928, the property’s studio and one-bedroom apartments feature the charm of vintage finishes and fixtures with the conveniences of close-by urban amenities. The units offer historic features including Tiffany-style lamps, original crown and picture molding, shaker-style hardwood cabinets with leaded-glass doors, hardwood floors, and curved arch ceilings and walls from the Roaring 20s. The apartments also include fully equipped kitchens, ceiling fans, and large closets. E12ssential community amenities include free WiFi, laundry facilities, bike storage, and controlled access entry. Palladian Apartments enjoys a prime location in Downtown Portland, offering residents immediate access to Portland State University, which serves a student body of over 26,000 and employs 6,000 dedicated staff and faculty members. With an impressive walk score of 95 and a Transit score of 93, Palladian’s location one block away from the TriMet bus and MAX light rail lines ensures convenient transportation options for residents.

FOR SALE DETAILS

PRICE

$2,525,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

20

PRICE/UNIT

$126,250

CAP RATE

5.94%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palladian

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,225 SF

ZONING

CXD, Portland

APN/PARCEL ID

R246379

ASK ABOUT THIS PROPERTY

Gregory FrickHFO Investment Real EstateMore Info
503-241-5541

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Gregory FrickHFO Investment Real EstateMore Info
503-241-5541

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