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28th Place Apartments 3911 SE 28th Pl 6 Unit Apartment Building $1,395,000 ($232,500/Unit) Portland, OR 97202
Executive Summary
Creston-Kenilworth 6-unit multifamily totaling 5,521 SF across three vintage buildings on two tax lots. Unit mix includes a 3-bed home, 1-bed home, and four-plex with two studios and two 1 bed/1bath. Recent interior updates and roof on the 4-plex in 2023. Current gross scheduled income is $123,204 per year with upside as units are pushed to market rents. Showing only with an accepted offer to purchase. Please do not disturb the residents. Member(s) of the selling entity are Licensed Real Estate Brokers in the State of Oregon.
Tax lots: R195568 & R195567
Tax lots: R195568 & R195567
Property Facts
| Price | $1,395,000 | Apartment Style | Low-Rise |
| Price Per Unit | $232,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 6 | Building Size | 5,521 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1915 |
| Zoning | R2.5 | ||
| Price | $1,395,000 |
| Price Per Unit | $232,500 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,521 SF |
| No. Stories | 2 |
| Year Built | 1915 |
| Zoning | R2.5 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 3 | - | - |
| 3+1.5 | 1 | - | - |
1 1
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (96)
Property Taxes
| Parcel Number | R195568 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $398,850 |
Property Taxes
Parcel Number
R195568
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$398,850
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28th Place Apartments | 3911 SE 28th Pl
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