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Listed by Delavan Realty Inc
$3,875,000
Est. payment /mo
UPDATED:
03/10/2025 01:52 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 305230247
Year Built 2007
Annual Tax Amount $2,863
Tax Year 2024
Property Description
13-Unit Townhome Investment Portfolio! Opportunity to acquire a 13-unit townhouse-style condo package with a CAP rate of 5.1. These units have been rental properties since new, offering a consistent income history. Sellers are flexible—purchase all 13 units or a smaller bundle (2, 3, 4, etc.) to suit your portfolio needs.These 13 units are part of a 30-unit portfolio, which includes an additional 13 townhomes just a few blocks away and a 4-plex in SE Portland. Buyers can acquire individual properties, grouped packages, or the full portfolio. A vacant unit is available for tours. See attached pro forma for financial details. HOA includes water, sewer, garbage, and exterior maintenance. There are 13 deeded parking spots, one for each unit, that are included.
Location
State OR
County Washington
Area _150
Zoning R-24
Rooms
Basement Crawl Space
Interior
Heating Zoned
Exterior
Garage Spaces 1.0
Roof Type Composition
Garage No
Building
Lot Description Level, On Busline
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Beaver Acres
Middle Schools Meadow Park
High Schools Aloha
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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