OR > Portland > Lents
Portland, OR 97266,5840 SE 89TH AVE
Portland, OR 97266,5840 SE 89TH AVE
Portland, OR 97266,5840 SE 89TH AVE
Portland, OR 97266,5840 SE 89TH AVE
Portland, OR 97266,5840 SE 89TH AVE
Portland, OR 97266,5840 SE 89TH AVE
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Nicole Richards

Nicole Richards

+1(503) 886-9156
Listed by Legacy Realty Group • 503-496-5190
$ 1,948,800
Est. payment | /mo

5,369 SqFt

Save
$ 1,948,800
Est. payment | /mo
Save

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

Regional Multiple Listing Service (RMLS)

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Nicole Richards

REALTOR®, Broker, Investor | Lic# OR 930200328 | AZ SA708210000

+1(503) 886-9156

222 Commercial St NE, Salem, OR, 97301

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5840 SE 89TH AVE