$ 1,948,800
5840 SE 89TH AVE Portland, OR 97266
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Listed by Legacy Realty Group • 503-496-5190
$ 1,948,800
Est. payment | /mo
5,369 SqFt
$ 1,948,800
Est. payment | /mo
5,369 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,369 sqft
Price per Sqft $362
Subdivision Lents
MLS Listing ID 24164065
Year Built 2023
Annual Tax Amount $2,142
Tax Year 2023
Lot Size 3,049 Sqft
Property Description
New 11 unit apartment building in the Lents District which offers a vibrant community with amenities like FlipSide Bar and Carts, the Farmers Market, Lents Park, and easy transportation making it an attractive location for tenants. The fact that the building is professionally managed and fully leased adds to its appeal, as does the availability of plenty of street parking and outdoor amenities. Having full income and expense reports available for a Buyer makes it transparent and easier to assess the investment's potential. Overall, a plug-and-play investment opportunity in a promising location.
Location
State OR
County Multnomah
Community Commons
Area _143
Zoning CM2d
Rooms
Basement None
Interior
Heating Heat Pump
Cooling Heat Pump, Wall Unit
Exterior
Community Features Commons
Roof Type Composition
Garage No
Building
Lot Description Level
Story 3
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Kelly
Middle Schools Lane
High Schools Franklin
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Justin Burton
Lic# 201217253