8605 SE 11th Ave - Multi-Family FOR SALE


Portland, OR 97202- Sellwood-Moreland
$995,000 USD
503-349-4892
8605 SE 11th Ave, Portland, OR for Sale
$995,000 USD
Multi-Family - FOR SALE
1/8
null | 4.5% Cap Rate

8605 SE 11th Ave
Portland, OR 97202
Sellwood-Moreland


HIGHLIGHTS

  • Major system updates in 2017
  • New plumbing and electrical
  • New roof and windows

OVERVIEW

Major renovation in 2017 to the studs. New plumbing, electrical, roof, windows, kitchens cabinets/counters, appliances, bathrooms, paint, flooring and fixtures. 2 one-bedroom units and 2 studio units. Easy to keep the building full. The newer systems make it simple to manage. Seller is retiring out of the area and doesn't want to manage from afar.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$463 USD /SF

# OF UNITS

4

PRICE/UNIT

$248,750

CAP RATE

4.5%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sellwood 4-Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

R 2.5

APN/PARCEL ID

R267052

ASK ABOUT THIS PROPERTY

Bud HosnerRussell Hosner LLCMore Info
503-349-4892

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Bud HosnerRussell Hosner LLCMore Info
503-349-4892

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