3727 S Hood Ave, Portland, OR 97239

$3,749,900
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Property Description

Invest in your future with this exceptional opportunity to acquire an impressive new 18-unit apartment building crafted by a trusted local builder. Located in the vibrant South Waterfront district, this property offers unparalleled access to Portland's finest dining, coffee shops, and is just moments from downtown and OHSU. Each unit is meticulously designed with high-end finishes and boasts tall ceilings and an open floor plan that bathes the interiors in natural light. Designer tones complement the stylish aesthetic, and select units feature coveted covered patios or balconies for outdoor enjoyment. Inside, custom cabinetry, stainless-steel appliances, and convenient stackable washer/dryer units ensure modern comfort and convenience. Residents will appreciate additional amenities such as bike storage and a dedicated trash area, enhancing the appeal of this prime investment opportunity. Don't miss out on this chance to own a premier apartment complex in one of Portland's most sought-after locations.

3727 S Hood Ave | MLS# 157452551

This multi-family property located at 3727 S Hood Ave, Portland, OR 97239 is currently listed for sale with an asking price of $3,749,900. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: MiniSplit
Fuel Type: Electricity
Heating: Zoned
Lot Size: 50'x100'
Roof Type: Metal
Stories: 4.0
Taxes: $45,976
Year Built: 2023
Square Feet: 9,695

Units

Unit Type 1:
Bathroom(s): 1
Features: Dishwasher, Microwave, Range, WasherDryer
Rent: $975.00
Square Footage: 245
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Features: Dishwasher, Microwave, Range, WasherDryer
Rent: $995.00
Square Footage: 285
Total Units: 4
Unit Type 3:
Bathroom(s): 1
Features: Dishwasher, Microwave, Range, WasherDryer
Rent: $1045.00
Square Footage: 330
Total Units: 2
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Microwave, Range, WasherDryer
Rent: $1510.00
Square Footage: 548
Total Units: 2
Unit Type 5:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Microwave, Range, WasherDryer
Rent: $2000.00
Square Footage: 575
Total Units: 2
Unit Type 6:
Bathroom(s): 1
Features: Dishwasher, Microwave, Range, WasherDryer
Rent: $1145.00
Square Footage: 385
Total Units: 2
Unit Type 7:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Microwave, Range, WasherDryer
Rent: $1245.00
Square Footage: 454
Total Units: 2
Unit Type 8:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Microwave, Range, WasherDryer
Rent: $1525.00
Square Footage: 485
Total Units: 1
Unit Type 9:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Microwave, Range, WasherDryer
Rent: $1495.00
Square Footage: 420
Total Units: 1
Unit Type 10:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Microwave, Range, WasherDryer
Rent: $1695.00
Square Footage: 656
Total Units: 1

Feature Descriptions

Days on Site: 255
Exterior: Cement Siding
Gross Income: $270848.00 (Actual)
Hot Water: Electricity
Lot: Level
Lot Dimensions: 50'x100'
Net Income: $177543.00 (Actual)
Operating Expenses: $93305.00 (Actual)
Sewer: Public Sewer
Special View Info: City, Trees/Woods
Units: 18
Water: Public Water

Local Schools

High School: Ida B Wells
Middle School: Jackson
Elementary School: Capitol Hill

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

$ 23,886.59 per month $18,961.54 Principal & Interest $3,831.33 Property Tax $1,093.72 Homeowner's Insurance

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