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INVESTMENT HIGHLIGHTS
- Desirable NW Portland Neighborhood
- Bike-Friendly, Walkable Transit Supported Location
- Prime Proximity to Major Employers
- Unprecedented Value in a Historic Neighborhood
EXECUTIVE SUMMARY
Casa Del Rey presents a rare chance to acquire a historic gem in the heart of NW Portland. Situated in one of the city’s most desirable neighborhoods, this property offers unparalleled access to employment, shopping, entertainment, and a wide array of dining options. Just a short walk to the vibrant NW 23rd Avenue—one of Portland’s most sought-after shopping destinations, residents can enjoy the charm of Slabtown, home to a New Seasons Market and a variety of dining experiences. The pricing of this property offers an exceptional opportunity, one that would have been unthinkable just five years ago, making it a once-in-a-lifetime chance to own in this highly coveted neighborhood. The building consists primarily of spacious one-bedroom floor plans, with a select number of studios. The units retain charming historic features, including bay windows, oak hardwood floors, and operable pocket doors. The next owner will have the opportunity to enhance these details, improving rents by upgrading the units, refreshing the exterior, and transforming some of the basement space into valuable amenity areas.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 0.11 AC |
| No. Units | 25 | Building Size | 18,056 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1908 |
| Building Class | C | ||
| Zoning | N/Av | ||
| Sale Type | Investment |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 18,056 SF |
| Average Occupancy | 96% |
| No. Stories | 4 |
| Year Built | 1908 |
| Zoning | N/Av |
AMENITIES
UNIT AMENITIES
- Microwave
- Heating
- Bay Window
- Kitchen
- Hardwood Floors
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Bicycle Storage
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | 400 |
| 1+1 | 20 | - | 600 |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | R140866 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,198,610 |
PROPERTY TAXES
Parcel Number
R140866
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,198,610
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Casa Del Rey | 1730 NW Couch St
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