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- LoopNet Team
1827-1829 SW Cable
Portland, OR 97201
Trolley Hill Apartments · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Close proximity to Downtown and Portland State
- Many Recent Improvements
- Amazing Views of the City and Mountain/River
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.22 AC |
| Property Type | Multifamily | Building Size | 4,856 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1890/2019 |
| Building Class | C | ||
| Zoning | R7 / R1 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,856 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1890/2019 |
| Zoning | R7 / R1 |
ABOUT 1827-1829 SW CABLE , PORTLAND, OR 97201
The Trolley Hill Apartments is a property which presents the opportunity to acquire a well maintained asset in Portland’s Goose Hollow neighborhood. Constructed in 1890, the property consists of 2 studio apartments, 2 one bedrooms, and 2 two bedroom units. The property has great views of the city and mountain from the balconies. The property is less than a mile to the heart of downtown and many walkable amenities. The property has historically maintained a high level of occupancy because of its great location and serene setting . The Lair Hill neighborhood boasts one of the lowest crime rates in the Portland Metro area. Coffee shops, local dining establishments, and pubs are within walking distance from these well located apartments. The propertyd is only a four minute commute to Downtown Portland making this ideal for professionals as well as student tenants from Portland State University, Lewis and Clark College and both OHSU employees and students.Mass transit is easily accessed via the Max Orange Line and Portland Streetcar. Nearby parks include Frank L Knight City Park and Washington Park.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 600 - 650 |
| 2+1 | 2 | - | 750 |
| Studios | 2 | - | 600 - 650 |
PROPERTY TAXES
| Parcel Number | R213498 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $356,630 |
PROPERTY TAXES
