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8605 SE 11th Ave - Sellwood 4-Plex 4 Unit Apartment Building Offered at $995,000 at a 4.50% Cap Rate Portland, OR 97202

Apartment Buildings Oregon Portland 8605 SE 11th Ave, Portland, OR 97202

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Investment Highlights

  • Major system updates in 2017
  • New roof and windows
  • New plumbing and electrical

Executive Summary

Major renovation in 2017 to the studs. New plumbing, electrical, roof, windows, kitchens cabinets/counters, appliances, bathrooms, paint, flooring and fixtures. 2 one-bedroom units and 2 studio units. Easy to keep the building full. The newer systems make it simple to manage.
Seller is retiring out of the area and doesn't want to manage from afar.

Attachments

OM Sellwood 4-Plex

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $995,000 Apartment Style Low-Rise
Price Per Unit $248,750 Lot Size 0.11 AC
Sale Type Investment Building Size 2,150 SF
Cap Rate 4.50% Average Occupancy 75%
No. Units 4 No. Stories 2
Property Type
Multifamily
  • Multifamily Apartments
 Year Built/Renovated 1922/2017
Zoning R 2.5 - The R2.5 zone is a residential zone that allows a mix of housing types that are single dwelling in character.
Price $995,000
Price Per Unit $248,750
Sale Type Investment
Cap Rate 4.50%
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.11 AC
Building Size 2,150 SF
Average Occupancy 75%
No. Stories 2
Year Built/Renovated 1922/2017
Zoning R 2.5 - The R2.5 zone is a residential zone that allows a mix of housing types that are single dwelling in character.

Amenities

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walking/Biking Trails
  • Bicycle Storage
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $1,595 650
1+1 2 $1,395 350
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
70/100
Source: Local Logic®
(503) 349-4892

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 41097877

  • Date on Market: 6/29/2026

  • Last Updated:

  • Address: 8605 SE 11th Ave, Portland, OR 97202

The Sellwood-Moreland Multifamily Property at 8605 SE 11th Ave, Portland, OR 97202 is currently available. Contact Russell Hosner LLC for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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8605 SE 11th Ave, Portland, OR for sale Primary Photo- Image 1 of 9
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8605 SE 11th Ave, Portland, OR for sale Building Photo- Image 2 of 9
garage
8605 SE 11th Ave, Portland, OR for sale Building Photo- Image 3 of 9
studio
8605 SE 11th Ave, Portland, OR for sale Building Photo- Image 4 of 9
living 1-bedroom
8605 SE 11th Ave, Portland, OR for sale Building Photo- Image 5 of 9
kitchen 1 bed
8605 SE 11th Ave, Portland, OR for sale Building Photo- Image 6 of 9
kitchen studio
8605 SE 11th Ave, Portland, OR for sale Building Photo- Image 7 of 9
studio bath
8605 SE 11th Ave, Portland, OR for sale Building Photo- Image 8 of 9
kitchen studio pocket door
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8605 SE 11th Ave - Sellwood 4-Plex

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