8426 E Burnside St - Apartments FOR SALE


Portland, OR 97216- Montavilla
$1,550,000 USD
503-201-8868
8426 E Burnside St, Portland, OR for Sale
$1,550,000 USD
Apartments - FOR SALE
1/42
null | 6% Cap Rate

8426 E Burnside St
Portland, OR 97216
Montavilla


HIGHLIGHTS

  • Fully leased new construction fourplex with established tenant occupancy.
  • High-end finishes include custom cabinetry and 8-foot doors.
  • En suite bedroom layouts feature walk-in closets and upgraded baths.
  • Fiber cement exterior system designed for long-term durability.
  • Located just blocks from the center of the Montavilla neighborhood.

OVERVIEW

New fully leased 4 plex in excellent Montavilla neighborhood. Super high end amenities. Solid tenant profiles. Includes window coverings, refers and washer and dryers. . Beautifully finished new homes , in super cool Montavilla. Totally upgraded design with 9' ceilings on both main and upper floors. 8' tall doors, custom cabinets to the ceiling, stainless steel hood fans. The two en suite bedrooms have walk-in closets and gorgeous bathrooms. Primary suite has double sinks & mirrors to the ceiling. This new four-plex was designed as duplexes with no interior units. New Modern super efficient heating & Cooling System. These homes back to sunny west facing yards with mature landscaping and vintage stone house. There is abundant on street parking available. A complete fiber cement exterior envelope will resist moisture intrusion and provide decades of reliable performance. These homes have a great vibe, just four blocks to heart of Montavilla. This neighborhood is well maintained with mostly all owner occupied houses! SEE VIDEO

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$355 USD /SF

# OF UNITS

4

PRICE/UNIT

$387,500

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

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R284700

ASK ABOUT THIS PROPERTY

Leon SimmsMore RealtyMore Info
503-201-8868

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Leon SimmsMore RealtyMore Info
503-201-8868

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