232 NE 61st Ave, Portland, OR 97213

$3,999,900
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Property Description

Bolster your investment portfolio with this phenomenal opportunity to own an exquisite, fully leased, new construction 15-unit apartment complex from a quality local builder. Nestled in NEs hotspot of North Tabor this location will have everything you need at your doorstep! High-end, modern finishes grace each space of these expertly crafted units which feature tall ceilings + an open concept floor plan bringing an abundance of natural light with designer tones! With a mix of 1 be + 2 bed units further diversifying your investment portfolio. Custom cabinetry, desirable stainless-steel appliances + stackable W/D finish out the interior! Indoor bike storage + enclosed trash area round out a few other notable items plus 15-year new construction rent-control exemption!

232 NE 61st Ave | MLS# 24473358

This multi-family property located at 232 NE 61st Ave, Portland, OR 97213 is currently listed for sale with an asking price of $3,999,900. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity
Heating: Zoned
Roof Type: Composition
Stories: 3.0
Taxes: $40,890
Year Built: 2024
Square Feet: 12,240

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Microwave, Range
Rent: $1325.00
Square Footage: 495
Total Units: 2
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Microwave, Range
Rent: $1395.00
Square Footage: 500
Total Units: 2
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Microwave, Range
Rent: $1750.00
Square Footage: 692
Total Units: 3
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Microwave, Range
Rent: $1700.00
Square Footage: 582
Total Units: 2
Unit Type 5:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Microwave, Range
Rent: $1595.00
Square Footage: 536
Total Units: 2
Unit Type 6:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Microwave, Range
Rent: $1295.00
Square Footage: 419
Total Units: 2
Unit Type 7:
Bathroom(s): 2
Bedrooms: 2
Features: Dishwasher, Microwave, Range
Rent: $1700.00
Square Footage: 597
Total Units: 2

Feature Descriptions

Days on Site: 794
Exterior: Cement Siding
Gross Income: $277065.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $217993.00 (Actual)
Operating Expenses: $59072.00 (Actual)
Sewer: Public Sewer
Special View Info: Trees/Woods
Units: 15
Water: Public Water

Local Schools

High School: Franklin
Middle School: Mt Tabor
Elementary School: Vestal

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-709-4632

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 24,799.81 per month $20,225.67 Principal & Interest $3,407.50 Property Tax $1,166.64 Homeowner's Insurance

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