4405 SE 15TH AVE

Portland, 97202

  • 3 Bed

  • 2 Bath

  • 6300 SqFt

  • 30 DOM

  • Built: 1970

  • Status: Active

$1,975,000

Price cut: $20K (05-17-2025)

X

4405 SE 15TH AVE

Portland 97202

$1975000

Price cut: $20K (05-17-2025)

  • 3 Bed

  • 2 Bath

  • 6300 SqFt

  • 30 DOM

  • Built: 1970

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Eleven unit apartment community with history of high occupancy and cash flow. Priced at a 5.75% cap rate on 2024 financials. Many recent property updates and off street parking has helped the property maintain 98% occupancy over the last two years. Owner is a real estate broker in Oregon.

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Residence Information

  • 6300

  • 3

  • 2

  • Composition

  • OffStreet

  • 3

  • 1970

  • No

  • T111Siding

  • Slab

Features and Utilities

  • Electricity

  • WallHeater

  • PublicSewer

  • Electricity

  • Electricity

Financial

  • 18527.58

  • Sewer,TrashCollection,Water

  • Cash,Conventional

  • 04-18-2025

  • No

  • No

Comparable Information

  • 30

  • 134

  • Cash,Conventional

  • $1,995,000

  • $1,975,000

  • May 17, 2025 16:15

Schools

Elementary : Grout N/A Ratings
Middle : Hosford N/A Ratings
High : Cleveland N/A Ratings

Map

Listing courtesy of GA Cooke Real Estate Services.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Aug 30, 2025 18:56 | Listing last modified May 17, 2025 16:15. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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