www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze property details including ownership and financial history. Share advanced property insights with your clients and teams.

1615 N Willis Blvd

Multifamily | 14 Units

Listing Contacts

Active

Asking Price: $3,000,000
Address 

1615 N Willis Blvd, Portland, OR 97217

Show on Map
Date Added
Sep 4, 2024
Days on Market
194 days
Time Since Last Update
9 days

Details

Property TypeMultifamily
SubtypeApartment Building
Square Footage6,000
Pro-Forma Cap Rate5.10%
Pro-Forma NOI$217,000
Units14
Year Built2023
ZoningRM3
Lot Size (sq ft)5,829

Marketing Description

Brand-new, state-of-the-art 14-unit building in the Kenton neighborhood, offering a variety of unit sizes, from micro studios to two-bedroom penthouses.​

Investment Highlights

  • ​New Construction
  • ​Basement storage allows for an additional income
  • ​Easy access to major thoroughfares
  • ​Fast lease-up under new management

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI
Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Date Event Document Price Price/SF Sold By Sold To
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


Similar Properties for Sale

Pictures of Multifamily property located at 6845 N Montana Ave, Portland, OR 97217 for sales - image #1
$3,199,900
NEW - TWO 6PLEXES - 6845 N Montana Ave
2 SIDE BY SIDE NEW CONSTRUCTION PLEXES - Vibrant Arbor Lodge Location : 92BS

6845 N Montana Ave Portland, OR 97217

Pictures of Multifamily property located at 6841 N Montana Ave, Portland, OR 97217 for sales - image #1
$1,599,900
NEW 6PLEX - 6841 N Montana Ave
Vibrant Arbor Lodge Location : 92BS

6841 N Montana Ave Portland, OR 97217

Pictures of Multifamily property located at 7582 N Emerald Ave, Portland, OR 97217 for sales - image #1
$6,499,900
Apartments - 22 units : 4 Buildings
Multifamily • 22 Units • 4 buildings

7582 N Emerald Ave Portland, OR 97217

Pictures of Multifamily property located at 7560 N Emerald Ave, Portland, OR 97217 for sales - image #1
$3,999,900
Apartments - 11 units : 2 Buildings I 7560 N Emerald Ave
Multifamily • 11 Units • 2 buildings

7560 N Emerald Ave Portland, OR 97217

Pictures of Multifamily property located at 1825 N Rosa Parks Way, Portland, OR 97217 for sales - image #1
$3,200,000
Rosa Rowhouses
PRICE REDUCED - New-construction 14-unit apartment building for sale

1825 N Rosa Parks Way Portland, OR 97217

Pictures of Multifamily property located at 5880 N Greeley Ave, Portland, OR 97217 for sales - image #1
$3,300,000
Greeley Apartments PDX
New-Construction Multifamily • 14 Market-Rate Units • 100% Leased • Portland OR

5880 N Greeley Ave Portland, OR 97217

Pictures of Multifamily property located at 306 N Bridgeton Rd, Portland, OR 97217 for sales - image #1
$849,000
306 N Bridgeton Rd
Multifamily • 5.96% CAP • 2 Units

306 N Bridgeton Rd Portland, OR 97217

Pictures of Multifamily property located at 1535 N Alberta St, Portland, OR 97217 for sales - image #1
$3,849,900
16 UNITS - NEW CONSTRUCTION : 1535 N Alberta St
MODERN 16 UNIT W/ 2 COMMON AREA!

1535 N Alberta St Portland, OR 97217

Pictures of Multifamily property located at 5255 N Vancouver Ave, Portland, OR 97217 for sales - image #1
$1,279,900
New 3Plex: (2) 3 bed/2.bath (1) 2bed/2.bath
Multifamily • 3 Units

5255 N Vancouver Ave Portland, OR 97217

Pictures of Multifamily, Special Purpose property located at 5305 NE Rodney Ave, Portland, OR 97211 for sales - image #1
virtual tour
$949,999
5305-7 NE Rodney Ave
Duplex with AMAZING woodwork and remodel

5305 NE Rodney Ave Portland, OR 97211

Pictures of Multifamily property located at 1375 N Wygant St, Portland, OR 97217 for sales - image #1
$3,500,000
1375 N Wygant
Pro-Forma 6.1% CAP! 2020 built condo/apartment building!

1375 N Wygant St Portland, OR 97217

See more properties for sale in Portland
See More
See More Similar Properties
Broker Information
Broker Name
Clayton Madey
Broker License
OR OR 201727196
Brokerage Name
Macadam Forbes, Inc.
Broker Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .