5104 SE Clinton St - Apartments FOR SALE


Portland, OR 97206- Richmond
$5,250,000 USD
503-290-4191
5104 SE Clinton St, Portland, OR for Sale
$5,250,000 USD
Apartments - FOR SALE
1/25
null | 7.09% Cap Rate

5104 SE Clinton St
Portland, OR 97206
Richmond


HIGHLIGHTS

  • Franklin Court Apartments offers a combination of charm and convenience in Southeast Portland.
  • Features include spacious 1-bedroom, 1-bath apartments with hardwood floors, laundry facilities, and storage.
  • Recent property upgrades, including a new roof, water heater, and plumbing.
  • Convenient access to public transportation and local amenities.
  • Tight-knit community atmosphere with a dedicated property manager.

OVERVIEW

Franklin Court Apartments offers modern living in the heart of Southeast Portland, located at 5104-5132 SE Clinton St. Spreadacross four unique buildings, these 20 apartment homes offer a combination of convenience and charm, featuring efficient floor plans, abundant natural light, and personal garden spaces in front ofeach home. On-site amenities include basement washers, dryers, and storage units, as well as on-site parking.Franklin Court is more than just a place to live—it’s a true community where neighbors often chat and connect outdoors. The tight-knit atmosphere is enhanced by the property’s dedicated manager, who has earned a glowing reputation for his commitment to improving common areas and overseeing recent upgrades. How efforts help foster the welcoming environment that residents love.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$244 USD /SF

# OF UNITS

20

PRICE/UNIT

$262,500

CAP RATE

7.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Franklin Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R1, Portland

APN/PARCEL ID

R205981,R205998,R205999

ASK ABOUT THIS PROPERTY

Ben AndrewsAndrews & CompanyMore Info
503-290-4191

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Ben AndrewsAndrews & CompanyMore Info
503-290-4191

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