436 NE Stafford St - Apartments FOR SALE


Portland, OR 97211- Woodlawn
$2,850,000 USD
206-566-6593
436 NE Stafford St, Portland, OR for Sale
$2,850,000 USD
Apartments - FOR SALE
1/5
null | 5% Cap Rate

436 NE Stafford St
Portland, OR 97211
Woodlawn


OVERVIEW

Built in 2018, 436 NE Stafford is a modern, meticulously designed three-story apartment building located in Portland's sought-after NE Woodlawn neighborhood. This contemporary complex features a desirable mix of ten spacious units, including five one-bedroom units along with two- and three bedroom options, averaging 908 square feet each. Every unit boasts upscale, well-crafted interiors with abundant natural light, creating a bright and inviting atmosphere. Premium finishes include stainless steel appliances, in-unit washers and dryers, and modern vanities with granite countertops and elegant tile backsplashes, blending style with functionality for today’s discerning renters. Situated on a 5,000-square-foot lot, this property enjoys proximity to Portland’s vibrant local attractions—restaurants, shops, and amenities—while providing quick and convenient access to downtown. With strong in-place rents and an opportunity for an 11% increase to reach market levels, 436 NE Stafford presents significant upside potential. The property has a history of professional management, ensuring stable income and clear, consistent financial records. This turnkey investment opportunity offers both immediate cash flow and long-term growth in one of Portland's most desirable residential areas.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$314 USD /SF

# OF UNITS

10

PRICE/UNIT

$285,000

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

436 NE Stafford St Portland

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CE

APN/PARCEL ID

R155394

ASK ABOUT THIS PROPERTY

Matthew MillerSMI Real EstateMore Info
206-566-6593

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

Matthew MillerSMI Real EstateMore Info
206-566-6593

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