$1550000
16 Bed
9 Bath
7684 SqFt
1 DOM
Built: 1971
Real Estate Agent
(503) 336-1515Prime investment opportunity!!! Fully rented 9-plex in thriving area with development potential. This fully rented 9-plex apartment building presents a compelling investment opportunity, boasting a desirable location in an up-and-coming area with strong rental demand. Exceptional location situated within a thriving economic corridor, the property offers easy access to shopping, transit, and amenities, appealing to a wide range of renters. The area demonstrates high demand for rental properties, potentially including neighborhoods like Montavilla and Foster-Powell, known for their urban renewal and community appeal. The charming well-maintained building itself features common outdoor area, coin op laundry and ample parking. All situated on a level 0.52 acre lot that offers potential for additional units or future development, providing a valuable long-term asset.
Listing Provided Courtesy of Christopher Kuehl, ELEETE Real Estate
435583336
1 DOM
16
0.52 acres
9
7684
1971
R2A
Multnomah
R167829
Marysville
Kellogg
Franklin
MultiFamily
GARDENA, LOT 10, W 24.25' OF LOT 11
Listing Provided Courtesy of Christopher Kuehl, ELEETE Real Estate
Mohan Realty Group data last checked: Aug 07, 2025 07:53 | Listing last modified Aug 06, 2025 10:37,
Source: