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418 NE Jessup St
Portland, OR 97211
Bradley Commons · Multifamily Property For Sale
·
12 Units

PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 8,882 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2016 |
| Building Class | B | Parking Ratio | 1.01/1,000 SF |
| Zoning | CG | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 8,882 SF |
| No. Stories | 3 |
| Year Built | 2016 |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | CG |
ABOUT 418 NE JESSUP ST , PORTLAND, OR 97211
Sitting on 0.11 acres on the border of the flourishing King and Alberta neighborhoods, this quality built modern 3 story building is artistically enveloped in vertically oriented steel siding and knotted timber planks. One (1) studio/1 bath, five (5) 1 bed/1 bath, and six (6) oversized 2 bed/1.5 baths comprise a unit mix that encourages longer tenancies and high quality tenants. More akin to a luxury yacht than a mammoth cruise ship, this property was designed for busy professionals who enjoy an upscale lifestyle, without the hustle and bustle of large community living. Natural light bathes gorgeous grey plank flooring and 10’ tall interior walls, and 2” wood blinds and included A/C ensure a cool retreat during hot summers. Euro-style cabinetry, sleek quartz slab countertops, stainless steel appliances, in-unit washer & dryer, and designer light fixtures provide the uplifting visceral experience needed to attract phenomenal tenants. Walking distance from public transportation, and the many hip shops and businesses of Alberta Street, this is an ideal location for those who enjoy the convenience of city living, in a quieter more residential setting. Straddling both the Alberta Arts District and the King neighborhood, the property is has a close proximity to one of Portland’s most popular neighborhoods, and the next up and coming area.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 443 |
| 1+1 | 5 | - | 495 - 537 |
| 2+1 | 6 | - | 930 - 1,050 |
PROPERTY TAXES
| Parcel Number | R136608 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,061,190 |
PROPERTY TAXES
Listing ID: 17148388
Date on Market: 9/9/2019
Last Updated:
Address: 418 NE Jessup St, Portland, OR 97211
The King Multifamily Property at 418 NE Jessup St, Portland, OR 97211 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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