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$3,999,900

11 Beds 8 Baths 12,240 SQFT 0.15 Acres

Type: Multi-Family

232 NE 61ST AVE
Portland, OR 97213

MLS#: 24473358

Premiere Property Group

Office: 971.271.8932

Presented by: Keller Williams Realty Portland Premiere - 503-709-4632

Property Description

Bolster your investment portfolio with this phenomenal opportunity to own an exquisite, fully leased, new construction 15-unit apartment complex from a quality local builder. Nestled in NEs hotspot of North Tabor this location will have everything you need at your doorstep! High-end, modern finishes grace each space of these expertly crafted units which feature tall ceilings + an open concept floor plan bringing an abundance of natural light with designer tones! With a mix of 1 be + 2 bed units further diversifying your investment portfolio. Custom cabinetry, desirable stainless-steel appliances + stackable W/D finish out the interior! Indoor bike storage + enclosed trash area round out a few other notable items plus 15-year new construction rent-control exemption!

Interior Features

Bedrooms

Unit 1 Beds Total1

Unit 2 Beds Total1

Unit 3 Beds Total2

Unit 4 Beds Total2

Unit 5 Beds Total2

Unit 6 Beds Total1

Unit 7 Beds Total2

Bathrooms

UnitType5BathsTotal1

UnitType6BathsTotal1

UnitType7BathsTotal2

Unit 1 Baths Total1

Unit 2 Baths Total1

Unit 3 Baths Total1

Unit 4 Baths Total1

Other Interior Features

UnitType1ActualRent1325

UnitType1FeaturesDishwasher, Microwave, Range

UnitType1UnitsTotal2

UnitType2ActualRent1395

UnitType2FeaturesDishwasher, Microwave, Range

UnitType2UnitsTotal2

UnitType3ActualRent1750

UnitType3FeaturesDishwasher, Microwave, Range

UnitType3UnitsTotal3

UnitType4ActualRent1700

UnitType4FeaturesDishwasher, Microwave, Range

UnitType4UnitsTotal2

UnitType5ActualRent1595

UnitType5FeaturesDishwasher, Microwave, Range

UnitType5UnitsTotal2

UnitType6ActualRent1295

UnitType6FeaturesDishwasher, Microwave, Range

UnitType6UnitsTotal2

UnitType7ActualRent1700

UnitType7FeaturesDishwasher, Microwave, Range

UnitType7UnitsTotal2

FuelDescriptionElectricity

Hot WaterElectricity

Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7

General

Accessory Dwelling Unit Y/NN

AttributionContact503-709-4632

CityPortland

Community FeaturesCommons

CountyMultnomah

DirectionsNE Glisan St, S on NE 61st Ave

Elementary SchoolVestal

Gross Income277065.0

HOANo

HeatingZoned

High SchoolFranklin

Legal DescriptionORCHARD HOMES, BLOCK 6, LOT 27

Listing TermsCash, Conventional

Lot Size Square Feet6,534 sqft

MLS Area_142

Middle/Junior High SchoolMt Tabor

Net Operating Income217993.0

Number Of Units Total15

Operating Expense59072.0

Parcel Number0

Property ConditionNewConstruction

Property TypeMultiFamily

Rent IncludesNone

RoofComposition

Security FeaturesSidewalk

SewerPublicSewer

Standard StatusActive

StatusActive

Stories Count3

Subdivision NameNORTH TABOR

Tax Annual Amount$40,890

Tax Year2025

ViewDescriptionTreesWoods

Virtual TourClick here

Year Built2024

ZoningRM2

Exterior

Building Area Total12,240 sqft

Exterior DescriptionCementSiding

Foundation DetailsConcretePerimeter, Slab

Lot FeaturesLevel

Lot Size Acres0.15

Road Surface TypePaved

Water SourcePublicWater

Additional Details

Price History

Schools

Middle School Mt Tabor Middle School

High School Franklin High School

Elementary School Vestal Elementary School

Similar Properties

$3,999,900

11 Beds 8 Baths 12,240 SQFT 0.15 Acres

Type: Multi-Family

232 NE 61ST AVE
Portland, OR 97213

MLS#: 24473358

Premiere Property Group

Office: 971.271.8932

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Property

$3,999,900

232 NE 61ST AVEPortland, OR 97213

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$3,999,900

232 NE 61ST AVEPortland, OR 97213

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232 NE 61ST AVE
Portland, OR 97213

232 NE 61ST AVE
Portland, OR 97213