Recently constructed and fully stabilized 16-unit apartment building located in Portland’s Parkrose neighborhood. This turn-key investment offers low-maintenance ownership with modernsystems, contemporary finishes, and a balanced mix of unit types designed to attract a broad tenant base. Built with long-term durability and operational efficiency in mind, the property features well-finished units with quality fixtures, high-end kitchens, in unit washer/dryers, and established occupancy. The diversified unit mix supports stable occupancy and consistent cash flow, appealing to both traditional renters and high demand workforce housing that is near NE Sandy Blvd, grocery, close access to the airport, and transit.
ARCHITECTURE
Stories: 4
Condition: New Construction
Year Built: 2024
Roof Type: Composition
Foundation Details: Slab
INTERIOR FEATURES
Heating Type: Wall Heater
Fuel Type: Electricity
Interior SqFt: 10480
EXTERIOR FEATURES
Lot Features: Gated, Level
Lot size (Acres): 0.11
Zoning: RM2
Water Source: Public Water
Sewer: Public Sewer
SCHOOLS
Elementary: Other
High School: Parkrose
Middle: Roseway Heights
TAX & FINANCIAL
Annual Tax: $28957.7
Terms Considered: Cash, Contract, Conventional, Owner Will Carry
Tax Year: 2025
LISTING INFO
Listing courtesy of Knipe Realty ERA Powered | 503-201-8537
Member of: National Association of REALTORS® (NAR)
Request a Private Showing
Sun12Jul
Mon13Jul
Tue14Jul
Wed15Jul
Thu16Jul
Fri17Jul
Sat18Jul
Sun19Jul
Mon20Jul
Tue21Jul
In Person
Video Chat
Your information
Disclaimer
Property ID - | 732963
Agents make every effort to ensure the accuracy of listing details; however, all buyers should conduct their own due diligence before making decisions. Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information. All data is provided as a service and is intended strictly for the personal, non-commercial use of potential buyers.