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7011 N Oswego Ave
Portland, OR 97203
Multifamily Property For Sale
·
9 Units
EXECUTIVE SUMMARY
Don't miss out on this exceptional investment opportunity! This impeccably maintained and professionally managed 9-plex in the highly sought-after Cathedral Park neighborhood offers a perfect blend of strong rental income and unbeatable location. Featuring 6 spacious two-bedroom units, 2 one-bedroom units, and a charming two-bedroom house, this property provides diverse rental options for maximum appeal. With 8 off-street parking spaces and just minutes from the vibrant downtown St. Johns – home to trendy restaurants, boutique shops, and local hotspots – it’s the perfect spot for tenants. Plus, with public transportation right at your doorstep, convenience is key! New roof in 2024. A Walk Score of 90 and Bike Score of 87 make this an incredibly accessible location. All units are currently rented at market rates, ensuring a steady stream of income from day one. Act fast – opportunities like this don’t last long!
PROPERTY FACTS
| Price Per Unit | $188,889 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 6.69% | Building Size | 7,070 SF |
| Gross Rent Multiplier | 10.69 | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1981 |
| Property Subtype | Apartment | Parking Ratio | 1.13/1,000 SF |
| Zoning | Rm-2 | ||
| Price Per Unit | $188,889 |
| Sale Type | Investment |
| Cap Rate | 6.69% |
| Gross Rent Multiplier | 10.69 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 7,070 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | Rm-2 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Fireplace
- Washer/Dryer
- Refrigerator
- Oven
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,195 | 400 |
| 2+1 | 7 | $1,535 | 800 - 1,470 |
PROPERTY TAXES
| Parcel Number | R100555 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $708,130 |
PROPERTY TAXES
Parcel Number
R100555
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$708,130
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