8057 SE 19th Ave - Apartments FOR SALE


Portland, OR 97202- Sellwood-Moreland
$1,150,000 USD
503-388-2888
8057 SE 19th Ave, Portland, OR for Sale
$1,150,000 USD
Apartments - FOR SALE
1/22
null | 4.56% 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 gorgeous Sellwood duplex combines smart design, good vibes, and strong rental history with a building that is most likely not going to need maintenance for many years to come as it was built in 2020 and the roof was replaced in 2022. This isn’t a typical duplex; the unit mix is a luxury 4-bed, 2.5-bath home up top and a separate 1-bed 1 bath unit on the ground level. It’s the kind of setup that leads to terrific income; upper unit was just rented at $4000/month (but 2025 numbers reflect that it was left vacant for a while while on the residential market in case an owner/occupier wanted to live there). In the larger unit, you’ll find a bright, open layout with oversized windows—because even with Portland’s cloudy days your tenants deserve good lighting (and this leads to higher rents!) The main floor features hardwood floors, a cozy fireplace, a big kitchen with custom cabinets, a walk in pantry and a generous island, plus a guest room or office, powder room, a CostCo sized storage closet and full laundry with machines included. Head upstairs and you’ve got three bedrooms with brand-new carpet, including a primary suite that feels more like a retreat—huge bedroom, soaking tub, double vanity, roomy shower, and a walk-in closet that can actually hold stuff. There’s another full bath in the hall, too. All the bedrooms have tons of natural light. On the ground level, the fully permitted 1 bedroom unit has its own entrance, full kitchen, hardwood floors, private bath, and laundry. The ADU is leased at $1695 per month and tenant would love to stay. The upper unit has a 9 month lease at $4000/month, though the identical building next door pays $4100. There is also a garage, plenty of storage in an attached storage/utility room, fresh interior paint throughout. And let’s not forget the neighborhood—Sellwood is walkable (Walk Score 84), bike-friendly (Bike Score 95), and packed with local shops, parks, and coffee that actually tastes good. Rent history is strong. Viewing subject to inspection.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$367 USD /SF

# OF UNITS

2

PRICE/UNIT

$575,000

CAP RATE

4.56%

% 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

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

Lauren PerreaultFiv RealtyMore Info
503-388-2888

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