2609-2619 SE Stark St - Apartments FOR SALE


Portland, OR 97214- Buckman
$1,075,000 USD
503-522-4645
2609-2619 SE Stark St, Portland, OR for Sale
$1,075,000 USD
Apartments - FOR SALE
1/11
null | 4.99% Cap Rate

2609-2619 SE Stark St
Portland, OR 97214
Buckman


HIGHLIGHTS

  • New Roof 2023
  • Location close to Restaurants and Bars
  • 91 walk score & 93 bike score

OVERVIEW

Discover this exceptional 5-plex, ideally situated in a vibrant neighborhood with a walk score of 91 and a bike score of 93, offering unparalleled convenience to restaurants, bars, and local amenities. This sought-after location ensures near-zero vacancy rates and a steady demand for rental units. The roof was professionally replaced in 2021, ensuring durability and minimal maintenance for years to come. With ample room for rental increases, this property offers significant potential for increased revenue. Tenants will enjoy the convenience of a coin-operated laundry facility and ample parking. The building is in excellent condition, ready to provide reliable rental income. Whether you're an experienced investor or looking to diversify your portfolio, this 5-plex represents a fantastic opportunity in a highly desirable location. Don’t miss out on this rare find!

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

5

PRICE/UNIT

$215,000

CAP RATE

4.99%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R25

APN/PARCEL ID

R244736

ASK ABOUT THIS PROPERTY

Benjamin DroukasWindermere Realty TrustMore Info
503-522-4645

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Benjamin DroukasWindermere Realty TrustMore Info
503-522-4645

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.