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2167 SW Yamhill St
Portland, OR 97205
2167 SW Yamhill Apartments · Multifamily Property For Sale
·
9 Units
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 10,545 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built | 1902 |
| Zoning | RH, Portland | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 10,545 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1902 |
| Zoning | RH, Portland |
AMENITIES
UNIT AMENITIES
- Balcony
- Storage Space
- Hardwood Floors
- Tub/Shower
- Deck
SITE AMENITIES
- Laundry Facilities
ABOUT 2167 SW YAMHILL ST , PORTLAND, OR 97205
The Yamhill 9-Plex is a unique apartment asset in downtown Portland’s popular Goose Hollow neighborhood. The asset was built in 1902, and its beautiful historic character has been well maintained. The Yamhill 9-Plex features exceptionally large floor plans as a result of its unit mix, the majority which are three-bedroom flats averaging 1,450 square feet. Those units have two exterior decks, period lighting, picture rails, hardwood floors and large, plentiful windows. The three-story building’s basement is finished with three additional apartments with exterior entrances. The historical character and large floor plans are exceptionally rare in Portland’s downtown core. The property has seen recent rent increases that are 2.2% higher than 2017 year-end average rents, and the management does not currently charge for utilities. The upward trend and opportunity to implement RUBs demonstrate the asset’s ability to increase cash flow. The Yamhill 9-Plex is expected to benefit from continued rent growth. Investors looking for a remarkable asset with an in-demand Portland location will find the Yamhill 9-Plex an exceptional investment opportunity.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $1,275 | 500 - 725 |
| 3+1 | 6 | $2,000 | 1,450 |
PROPERTY TAXES
| Parcel Number | R193334 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $829,410 |
PROPERTY TAXES
