9 N 20th St - Apartments FOR SALE


Hood River, OR 97031
$1,390,000 USD
541-645-4499
9 N 20th St, Hood River, OR for Sale
$1,390,000 USD
Apartments - FOR SALE
1/35
null | 2.81% Cap Rate

9 N 20th St
Hood River, OR 97031


HIGHLIGHTS

  • Highly desirable area
  • Large units - rare for area
  • units have been updated and well maintained

OVERVIEW

Positioned just moments from Hood River’s vibrant shopping district, local grocery stores, and the community-favorite skate park, 9 N 20th Street presents a rare investment opportunity with exceptional flexibility. This well-maintained 4-plex includes four distinct units: a spacious 4-bedroom, 3-bath two-story unit; a 3-bedroom, 2-bath two-story unit; a single-level 2-bedroom, 1-bath unit; and a cozy 1-bedroom, 1-bath unit—each with its own unique layout and appeal.Modern touches like luxury vinyl plank flooring, ample storage, and skylights enhance interior comfort, while the upper-level units boast private balconies with seasonal views of Mt. Adams. All units are currently leased, offering immediate income potential, and the property’s mix of unit types creates ideal options for owner-occupants, long-term tenants, .Whether you're looking to expand your portfolio or secure a smart owner-occupied investment in a high-demand rental market, this centrally located 4-plex checks all the boxes.

FOR SALE DETAILS

PRICE

$1,390,000 USD

PRICE/SF

$280 USD /SF

# OF UNITS

4

PRICE/UNIT

$347,500

CAP RATE

2.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1988

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R3

APN/PARCEL ID

03N-10E-26-DC-00300-1838.00

ASK ABOUT THIS PROPERTY

Jen DillardRealMore Info
541-645-4499

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Jen DillardRealMore Info
541-645-4499

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