5840 SE 89TH AVE Active

Portland,OR 97266

$ 1948800

- Bed

- Bath

5369 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

Interior

Heating Heat Pump

Cooling Heat Pump, Wall Unit

Exterior

Community Features Commons

Roof Type Composition

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Kelly

Middle Schools Lane

High Schools Franklin

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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