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20629374
20629385

1318 NE 46th Ave, Portland, OR 97213

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere
$2,150,000
573 days on market
Updated 8 days ago

NEW 6 Plex : 2 bed / 2.0bth units

Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio (+1)
Square Footage 6,121
Units 6
Beds 12
Cap Rate 5.68%
NOI $122,053
Year Built 2024
Buildings 1
Stories 2
Acreage 0.120
Zoning RM2

Multifamily | 5.68% CAP | 6 Units

Marketing description

This meticulously maintained 6-plex offers a fantastic investment opportunity in an unbeatable location, just 0.3 miles from vibrant coffee shops, grocery stores, restaurants, and parks. With an impressive 89 BikeScore and easy access to I-84, tenants will enjoy the best of both convenience and connectivity. Each unit features spacious 2-bedroom, 2-bathroom layouts with open-concept floor plans that are flooded with natural light. Expansive windows and soaring ceilings create an airy, modern living space that is perfect for today's lifestyle. The generously sized living rooms flow effortlessly into the sleek kitchens, which showcase warm cabinetry, stainless steel appliances, and tasteful tile accents. A full bathroom with a walk-in shower is conveniently located on the main floor. Upstairs, both bedrooms offer plenty of space and are complemented by a charming bathroom with a luxurious soaking tub. Each unit includes a private, fenced yard space—ideal for outdoor enjoyment or relaxation. With a 1-year builder warranty in place, you can have peace of mind. Whether you're looking to expand your portfolio or secure a long-term, low-maintenance rental property, this 6-plex offers an exceptional combination of location, quality, and rental appeal. Don't miss this rare opportunity!

Front Unit Video Tour: https://youtu.be/sDsoSiG-87s?si=_tTNxtoucd4yh2sW

Back Unit Video Tour: https://youtu.be/XSMmu8R9-6g?si=gUVuMeA2NjbPeUqg

Investment highlights

  • NEW 6 plex with desirable 2 bed/ 2.0 bath layouts

  • Open Concept Floor Plans

  • Prime Hollywood location

  • 1 year builder warranty

Listing Contacts

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$122,053.00
$10,171.08/mo

Valuation Metrics

0
DSCR
5.68%
Cap Rate
5.68%
ROI

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