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5039 SE Market St
Portland, OR 97215
Market St Four Plex · Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.11 AC
Building Size 7,200 SF
No. Stories 3
Year Built 2018
Parking Ratio 0.56/1,000 SF
Zoning R1

Amenities

Unit Amenities

  • Washer/Dryer

About 5039 SE MARKET ST , PORTLAND, OR 97215

Marcus & Millichap has been selected to exclusively market for sale the multifamily investment property at 5021 – 5039 SE Market St. in Portland, OR. Built in 2018. The modern building is comprised of four units which are each 1800 square foot townhomes with garages. The units are all three bedroom and two and half bath which lives like a house and will tend to attract long term tenants. The finishes in each of the units are high end but allow for easy turnover. The property was built by an architect as a long term hold so it was well built. The property was built offsite and then once completed craned into place which kept it out of the elements. Then once on site the siding and other mechanical systems were placed. The market street property is built on the east side of the Hawthorne neighborhood which has been a strong rental area. There has been several new developments the last few years including the new Green Zebra grocery store which is less than a half mile away. Tenants will find a multitude of retail stores, restaurants, and bars in the area. The property is within walking distance of the Mt Tabor Park which is a favorite of many in the city.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 4 $3,040 1,800

Property Taxes

Property Taxes

Parcel Number
R177081
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,131,370
  • Listing ID: 18177617

  • Date on Market: 1/13/2020

  • Last Updated:

  • Address: 5039 SE Market St, Portland, OR 97215

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