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335 SE 16TH Ave
Portland, OR 97214
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 8,468 SF |
| Property Subtype | Apartment | Average Occupancy | 80% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1922 |
| Zoning | R1, Portland | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 8,468 SF |
| Average Occupancy | 80% |
| No. Stories | 3 |
| Year Built | 1922 |
| Zoning | R1, Portland |
AMENITIES
UNIT AMENITIES
- Hardwood Floors
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Picnic Area
- Vintage Building
- Storage Space
ABOUT 335 SE 16TH AVE , PORTLAND, OR 97214
The property is comprised of eight 1 bedroom, 1 bathroom apartments and two studio apartments ranging in size from 300–700 sf. The building also includes a 1740 sf basement which currently includes the laundry room and some storage area but has plenty of space to create defined storage units to increase the building’s income. All units have been lovingly restored, many with either granite or tile countertops, newer appliances, refinished original wood floors. All work is of the highest quality while still maintaining and respecting the original vintage character. Cap excludes soon to be done apt which will bring Cap to 4.9! The property offers lots of greenspace including a picnic area, garden space, and the potential for development possibilities.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| Studios | 2 | - | - |
PROPERTY TAXES
| Parcel Number | R100746 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $559,450 |
PROPERTY TAXES
