5042 NE Fremont St, Portland, OR 97213

$3,150,000

Beds

Baths

0.09 ac

Property Size

2023

Year Built

About The Property

Well-located mixed-use investment property features 10 one-bedroom, one-bathroom apartment units and one ground-floor retail suite along NE Fremont Street in Portland’s desirable Beaumont Village neighborhood.Efficient walk-up configuration, minimizing interior common areas and helping reduce ongoing maintenance and operating requirements. Low-maintenance asset built in 2023 with limited near-term capital needs in a desirable Northeast Portland location with favorable long-term fundamentals.A gated entry provides access to the units via an exterior staircase and open-air corridors, minimizing interior common areas and related cleaning and maintenance expenses.

ARCHITECTURE

Stories: 3
Year Built: 2023
Roof Type: Metal

INTERIOR FEATURES

Heating Type: Wall Heater
Fuel Type: Electricity
Interior SqFt: 5653

EXTERIOR FEATURES

Lot Features: On Bus Line
Lot size (Acres): 0.09
Zoning: CM1
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Alameda
High School: Grant
Middle: Beaumont

TAX & FINANCIAL

Annual Tax: $25360.01
Terms Considered: CallListingAgent, Cash, Conventional, Owner Will Carry
Tax Year: 2025

LISTING INFO

Listing courtesy of Knipe Realty ERA Powered | 503-201-8537
Days On Market: 19

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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 - | 859192

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Erik Leland