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Affordable Housing Portfolio 3 Multifamily Properties in Portland, OR
Investment Highlights
- Three single family residences
- Located in the Central Eastside TIF District
- Located in an Opportunity Zone and Enterprise Zone
Executive Summary
722, 732, and 736 NE Couch Street present a rare opportunity to acquire a portfolio of three single-family homes in the heart of Portland’s Kerns neighborhood. Situated in the highly walkable and transit-accessible inner eastside, the properties benefit from strong, consistent tenant demand.
The property is subject to a Low Income Housing Development Agreement whereby the property must be used for low-income housing. The covenant runs with the land for a sixty (60) year term.
With limited available inventory in this core submarket, the offering is well-suited for either a long-term investment or a strategic repositioning.
The property is subject to a Low Income Housing Development Agreement whereby the property must be used for low-income housing. The covenant runs with the land for a sixty (60) year term.
With limited available inventory in this core submarket, the offering is well-suited for either a long-term investment or a strategic repositioning.
Property Facts
| Sale Type | Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 6,844 SF |
| Number of Properties | 3 | Total Land Area | 0.21 AC |
| Sale Type | Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 6,844 SF |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 722 NE Couch St, Portland, OR 97232 | Multifamily | 2,604 SF | 1901 | - |
| 732 NE Couch St, Portland, OR 97232 | Multifamily | 2,124 SF | 1900 | - |
| 736 NE Couch St, Portland, OR 97232 | Multifamily | 2,116 SF | 1901 | - |
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Affordable Housing Portfolio
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