19109 SE Yamhill St, Portland, OR 97233

$2,890,000

Beds

Baths

1.14 ac

Property Size

1978

Year Built

About The Property

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
Days On Market: 15

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Erik Leland

Luxury Property Advisor | OR License 201225800
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 Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information.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.

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Erik Leland