8300 SE Flavel ST, Portland, OR 97266

$2,000,000

Beds

Baths

0.29 ac

Property Size

2020

Year Built

About The Property

Introducing a six-unit apartment community located in Portland’s growing Lents neighborhood. Built in 2019, the property offers investors a rare opportunity to acquire a newer-construction multifamily asset comprised entirely of spacious two-bedroom apartment homes.The property features six well-designed 2-bedroom, 1-bathroom units totaling approximately 6,014 rentable square feet within a 6,070-square-foot building. With an average unit size exceeding 1,000 square feet, the apartments provide residents with larger-than-average floor plans that continue to experience strong demand among renters seeking additional living space.Each residence is equipped with in-unit washers and dryers, providing a highly desirable amenity that enhances resident convenience and supports tenant retention. The property also offers seven off-street parking spaces, providing ample parking for residents and guests.Situated on a 12,524-square-foot lot (0.29 acres), the asset benefits from a low-density site layout and attractive residential setting. Constructed in 2019, the property offers investors the advantages of modern construction, reduced near-term capital expenditure requirements, and contemporary design features sought by today’s renters.Located minutes from Lents Town Center, Lents Park, the Springwater Corridor Trail, and major transportation corridors including Interstate 205, the property provides residents with convenient access to employment centers, retail services, public transit, and outdoor recreation throughout the Portland metropolitan area.Property Highlights• Built in 2019• Six spacious 2-bedroom / 1-bathroom apartments• 6,014 rentable square feet• Average unit size of approximately 1,002 square feet• In-unit washers and dryers in every apartment• Seven off-street parking spaces• Large 12,524 SF (0.29-acre) site• Modern construction with limited near-term capital needs

ARCHITECTURE

Stories: 2
Condition: Approximately
Year Built: 2020
Roof Type: Composition
Foundation Details: Concrete Perimeter
Basement Details: Crawl Space

INTERIOR FEATURES

Heating Type: Mini Split, Wall Heater
Fuel Type: Electricity
Interior SqFt: 6070

EXTERIOR FEATURES

Lot Features: Level
Lot size (Acres): 0.29
Zoning: RM1
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Kelly
High School: Franklin
Middle: Lane

TAX & FINANCIAL

Annual Tax: $19885.34
Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Rarebird Real Estate
Days On Market: 42

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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 - | 716740

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Erik Leland