6433 SE Foster Rd - Apartments FOR SALE


Portland, OR 97206- Foster-Powell
$1,575,000 USD
503-309-5106
6433 SE Foster Rd, Portland, OR for Sale
$1,575,000 USD
Apartments - FOR SALE
1/11
null | 6.77% Cap Rate

6433 SE Foster Rd
Portland, OR 97206
Foster-Powell


HIGHLIGHTS

  • Seller carry terms available
  • 100% leased mixed-use building
  • 3,498 SF retail restaurant & 3,136 SF multifamily
  • Four 1 bedroom & three studio apartments
  • Updated roof, HVAC, and paint
  • Average daily traffic: 8,918

OVERVIEW

Seller carry terms available! 100% occupied mixed-use building in Southeast Portland's Foster-Powell neighborhood. The ground floor is anchored by Bar Carlo, a well-established neighborhood restaurant and popular brunch destination with nearly 20 years of continuous tenancy. The long-term commercial occupancy speaks to the property's strong location and community presence. Above, seven residential units — a mix of studios and one-bedrooms — have several long-term tenants with low turnover. The building is very well maintained, featuring a newer roof, fresh exterior paint, and updated HVAC systems.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

8

PRICE/UNIT

$196,875

CAP RATE

6.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,411 SF

ZONING

CM2

APN/PARCEL ID

R108460

ASK ABOUT THIS PROPERTY

Denise BrohoskiCommercial Real Estate NWMore Info
503-309-5106

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Denise BrohoskiCommercial Real Estate NWMore Info
503-309-5106

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