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$2,150,000

12 Beds 12 Baths 6,121 SQFT 0.12 Acres
Type: Multi-Family

1318 NE 46th AVE
Portland, OR 97213

MLS#: 24196384
John McKay
John McKay
Premiere Property Group
Managing Principal Broker
Phone: 503.702.5529
Office: 971.271.8932
Presented by: Keller Williams Realty Portland Premiere - 503-709-4632

Property Description

 

This meticulously maintained 6-plex offers a fantastic investment opportunity in an unbeatable location, just 0.3 miles from vibrant coffee shops, grocery stores, restaurants, and parks. With an impressive 89 BikeScore and easy access to I-84, tenants will enjoy the best of both convenience and connectivity. Each unit features spacious 2-bedroom, 2-bathroom layouts with open-concept floor plans that are flooded with natural light. Expansive windows and soaring ceilings create an airy, modern living space that is perfect for today's lifestyle. The generously sized living rooms flow effortlessly into the sleek kitchens, which showcase warm cabinetry, stainless steel appliances, and tasteful tile accents. A full bathroom with a walk-in shower is conveniently located on the main floor. Upstairs, both bedrooms offer plenty of space and are complemented by a charming bathroom with a luxurious soaking tub. Each unit includes a private, fenced yard space—ideal for outdoor enjoyment or relaxation. With a 1-year builder warranty in place, you can have peace of mind. Whether you're looking to expand your portfolio or secure a long-term, low-maintenance rental property, this 6-plex offers an exceptional combination of location, quality, and rental appeal. Don't miss this rare opportunity!


 

Interior Features

Bedrooms

Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total2
Unit 5 Beds Total2
Unit 6 Beds Total2

Bathrooms

UnitType5BathsTotal2
UnitType6BathsTotal2
Unit 1 Baths Total2
Unit 2 Baths Total2
Unit 3 Baths Total2
Unit 4 Baths Total2

Other Interior Features

UnitType1ActualRent2195
UnitType1FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType1UnitsTotal1
UnitType2ActualRent2150
UnitType2FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType2UnitsTotal1
UnitType3ActualRent2250
UnitType3FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType3UnitsTotal1
UnitType4ActualRent2150
UnitType4FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType4UnitsTotal1
UnitType5ActualRent2250
UnitType5FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType5UnitsTotal1
UnitType6ActualRent2095
UnitType6FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType6UnitsTotal1
FuelDescriptionElectricity
Hot WaterElectricity
Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6

General

Accessory Dwelling Unit Y/NN
AttributionContact503-709-4632
CityPortland
CoolingHeatPump
CountyMultnomah
DirectionsNE Sandy Blvd, E on NE Halsey St, S on NE 46th Ave
Elementary SchoolLaurelhurst
Gross Income163493.0
HOANo
HeatingMiniSplit
High SchoolGrant
Legal DescriptionTBD
Listing TermsCash, Conventional
Lot Size Square Feet5,227 sqft
MLS Area_142
Middle/Junior High SchoolLaurelhurst
Net Operating Income122053.0
Number Of Units Total6
Operating Expense41440.0
Parcel Number0
Property ConditionNewConstruction
Property TypeMultiFamily
Rent IncludesNone
RoofComposition
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameHOLLYWOOD
Tax Annual Amount$0
ViewDescriptionTreesWoods
Virtual TourClick here
Year Built2024
ZoningRM2

Exterior

Building Area Total6,121 sqft
Exterior DescriptionCementSiding
Foundation DetailsConcretePerimeter, Slab
Lot Dimensions117.5' x 46'
Lot FeaturesLevel
Lot Size Acres0.12
Road Surface TypePaved
Total Parking0
Water SourcePublicWater

Additional Details

Price History

Schools 

High School Grant High School
Middle School Laurelhurst Middle School
Elementary School Laurelhurst Elementary School

  

Similar Properties

$2,150,000

12 Beds 12 Baths 6,121 SQFT 0.12 Acres
Type: Multi-Family

1318 NE 46th AVE
Portland, OR 97213

MLS#: 24196384
John McKay
John McKay
Premiere Property Group
Managing Principal Broker
Phone: 503.702.5529
Office: 971.271.8932