Log In/Sign Up
Your email has been sent.
5042 NE Fremont St
Portland, OR 97213
Fremont 50 · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Low maintenance, turnkey investment, built in 2023
- Excellent location on NE Fremont
- Walk-up style exterior corridors minimize indoor common areas
Executive Summary
Well-located mixed-use investment property features 10 one-bedroom, one-bathroom apartment units and one ground-floor retail suite along NE Fremont Street in Portland’s desirable Beaumont Village neighborhood.
Efficient walk-up configuration, minimizing interior common areas and helping reduce ongoing maintenance and operating requirements. Low-maintenance asset built in 2023 with limited near-term capital needs in a desirable Northeast Portland location with favorable long-term fundamentals.
Efficient walk-up configuration, minimizing interior common areas and helping reduce ongoing maintenance and operating requirements. Low-maintenance asset built in 2023 with limited near-term capital needs in a desirable Northeast Portland location with favorable long-term fundamentals.
Property Facts
| Price Per Unit | $315,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.14% | Lot Size | 0.09 AC |
| Gross Rent Multiplier | 13.46 | Building Size | 5,653 SF |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | ||
| Zoning | CM1 | ||
| Price Per Unit | $315,000 |
| Sale Type | Investment |
| Cap Rate | 5.14% |
| Gross Rent Multiplier | 13.46 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 5,653 SF |
| No. Stories | 3 |
| Year Built | 2023 |
| Zoning | CM1 |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Stainless Steel Appliances
Site Amenities
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 424 - 485 |
Property Taxes
| Parcel Number | R260890 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $941,180 |
Property Taxes
Parcel Number
R260890
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$941,180
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
