8218 SE Washington St - Apartments FOR SALE


Portland, OR 97216
$729,888 USD
971-717-6340
8218 SE Washington St, Portland, OR for Sale
$729,888 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

8218 SE Washington St
Portland, OR 97216


OVERVIEW

Introducing the triplex at 8218 SE Washington Street, a three-unit property in the Montavilla neighborhood of Portland, OR. Built in 1997, this investment includes one 3-bedroom and two 2-bedroom units, each with two baths and an attached garage. Recent updates to two of the units include new carpet, paint, and appliances, enhancing the property’s appeal for long-term tenants. Montavilla offers a “small-town” feel within the city. The area is known for its unique mix of shops, restaurants, cafes, and a weekly farmers market, offering tenants a community-oriented lifestyle close to essentials. Residents also benefit from only a short drive to Mt. Tabor Park, a nearby power center with Target and Home Depot, and Gateway Shopping Center with options like WinCo and Fred Meyer in the immediate vicinity. The triplex is also near I-205 and well-served by bus lines, making commuting convenient. With updated units, proximity to local amenities, and a lively neighborhood, this property represents a strong investment opportunity in Portland’s Montavilla neighborhood.

FOR SALE DETAILS

PRICE

$729,888 USD

PRICE/SF

$268 USD /SF

# OF UNITS

3

PRICE/UNIT

$243,296

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

CG

APN/PARCEL ID

R281400

ASK ABOUT THIS PROPERTY

Yuriy ChubokHFO Investment Real Estate, LLCMore Info
971-717-6340

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Yuriy ChubokHFO Investment Real Estate, LLCMore Info
971-717-6340

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