8220-8236 N Edison St - Apartments FOR SALE


Portland, OR 97203- Cathedral Park
$1,722,825 USD
503-313-8149
8220-8236 N Edison St, Portland, OR for Sale
$1,722,825 USD
Apartments - FOR SALE
1/6
null | 6% Cap Rate

8220-8236 N Edison St
Portland, OR 97203
Cathedral Park


HIGHLIGHTS

  • Extensive, recently capital improvements
  • 100% leased

OVERVIEW

8220-8236 N Edison Street is an attractive opportunity to acquire a well-located 9-unit multifamily asset in one of North Portland’s most walkable and character rich neighborhoods. Positioned in the heart of St. Johns, the property benefits from strong rental demand driven by the area’s neighborhood amenities and iconic views of the St. Johns Bridge. The property offers a desirable living environment with on-site parking, bike storage, and shared laundry facilities in one of Portland’s most distinctive neighborhoods. Located just minutes from the St. Johns commercial district, tenants enjoy walkable access to local coffee shops, restaurants, parks, and everyday retail amenities. Cathedral Park, the Willamette River waterfront, and multiple transit options are all nearby, creating a highly livable, pedestrian friendly setting that continues to attract a diverse renter base. For investors, this offers a stable multifamily investment in a supply constrained submarket with strong fundamentals. St. Johns continues to experience steady population growth and increasing demand for well located rental housing. The property’s manageable scale, attractive neighborhood setting, and classic Portland character create an appealing opportunity for both seasoned investors and those seeking to enter the Portland multifamily market. 8220 N Edison offers a combination of location, livability, and long term upside within one of Portland’s most distinctive neighborhoods.

FOR SALE DETAILS

PRICE

$1,722,825 USD

PRICE/SF

$230 USD /SF

# OF UNITS

9

PRICE/UNIT

$191,425

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R1, Portland

APN/PARCEL ID

R192072

ASK ABOUT THIS PROPERTY

Jordan FezlerApex Real Estate PartnersMore Info
503-313-8149

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Jordan FezlerApex Real Estate PartnersMore Info
503-313-8149

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