8057 SE 19th Ave - Apartments FOR SALE


Portland, OR 97202- Sellwood-Moreland
$1,125,000 USD
503-388-2888
8057 SE 19th Ave, Portland, OR for Sale
$1,125,000 USD
Apartments - FOR SALE
1/22
null | 4.66% Cap Rate

8057 SE 19th Ave
Portland, OR 97202
Sellwood-Moreland


HIGHLIGHTS

  • Large windows for light filled interior
  • Modern high end finishes
  • 2 units - a 4 bed 2.5 bath main unit plus 1 bed 1 bath unit with laundry
  • All appliances included

OVERVIEW

This well-built Sellwood duplex is a smart option for investors now and for anyone considering personal use in the future. Built in 2020 with a new roof added in 2022, it’s designed for low maintenance and long-term value. The layout includes a 4-bed, 2.5-bath luxury unit upstairs and a separate 1-bed, 1-bath unit on the ground floor—ideal for strong rental income or flexible future use. The upper unit was recently leased for $4,000/month (note: 2025 income reflects a temporary vacancy while listed for potential owner-occupancy). Inside, the space is open and full of natural light, with oversized windows, hardwood floors, a fireplace, and a large kitchen with custom cabinets, walk-in pantry, and generous island. The main level also includes a guest room or office, powder room, oversized storage closet, and full laundry with machines. Upstairs are three bedrooms with new carpet, including a primary suite with soaking tub, double vanity, walk-in shower, and a true walk-in closet .The ground-level unit has a private entrance, hardwood floors, full kitchen, private bath, in-unit laundry, and brings in $1,695/month. The upstairs lease runs 9 months at $4,000/month; a matching unit next door rents for $4,100/month.Also included: attached garage, separate utility/storage room, and fresh interior paint throughout. Proforma Cap Rate 4.9, Walk Score 84, Bike Score 95—Sellwood offers parks, local shops, and excellent coffee just blocks away. Strong income today, with the option to occupy later. Showings subject to inspection.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$359 USD /SF

# OF UNITS

2

PRICE/UNIT

$562,500

CAP RATE

4.66%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8057 SE 19th Portland OR 97202

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

RM1

APN/PARCEL ID

R267798

ASK ABOUT THIS PROPERTY

Lauren PerreaultFiv RealtyMore Info
503-388-2888

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Lauren PerreaultFiv RealtyMore Info
503-388-2888

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