Eastwood Estates is a 21-unit multifamily investment opportunity in Portland’s established Rockwood submarket. Situated on approximately 1.14 acres, the property features twenty 1-bedroom units and one 2-bedroom unit with ample on-site parking. Currently operating at approximately 81% occupancy, the asset offers immediate value-add potential through lease-up and continued rent growth. Conveniently located near MAX Light Rail, public transit, SE Burnside, and major employment and retail corridors, Eastwood Estates provides investors the opportunity to acquire a well-positioned multifamily asset with strong long-term rental demand and operational upside. Offering Memorandum available upon request.
ARCHITECTURE
Stories: 2
Condition: Existing
Year Built: 1978
Roof Type: Composition
INTERIOR FEATURES
Heating Type: Baseboard
Fuel Type: Electricity
Interior SqFt: 13152
EXTERIOR FEATURES
Lot size (Acres): 1.14
Zoning: RTC
Water Source: Public Water
Sewer: Public Sewer
SCHOOLS
Elementary: Davis
High School: Reynolds
Middle: Reynolds
TAX & FINANCIAL
Annual Tax: $23786.47
Terms Considered: Cash, Conventional
Tax Year: 2025
LISTING INFO
Listing courtesy of Keller Williams Realty Portland Premiere | 503-505-8065
Member of: National Association of REALTORS® (NAR)
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Property ID - | 732185
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 Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information.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.