Palladian 614 SW Jackson St 20 Unit Apartment Building $2,525,000 ($126,250/Unit) 5.94% Cap Rate Portland, OR 97201

Introducing the Palladian Apartments, a 20-unit apartment community in the heart of downtown Portland, OR. Built in 1928, the property’s studio and one-bedroom apartments feature the charm of vintage finishes and fixtures with the conveniences of close-by urban amenities. The units offer historic features including Tiffany-style lamps, original crown and picture molding, shaker-style hardwood cabinets with leaded-glass doors, hardwood floors, and curved arch ceilings and walls from the Roaring 20s. The apartments also include fully equipped kitchens, ceiling fans, and large closets. E12ssential community amenities include free WiFi, laundry facilities, bike storage, and controlled access entry.
Palladian Apartments enjoys a prime location in Downtown Portland, offering residents immediate access to Portland State University, which serves a student body of over 26,000 and employs 6,000 dedicated staff and faculty members. With an impressive walk score of 95 and a Transit score of 93, Palladian’s location one block away from the TriMet bus and MAX light rail lines ensures convenient transportation options for residents.