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3709 SE 91st Ave

Multifamily | 3.17% CAP | 8 Units

Listing Contacts

Active

Asking Price: $1,100,000
Address 

3709 SE 91st Ave, Portland, OR 97266

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Date Added
Jan 25, 2025
Days on Market
50 days
Time Since Last Update
50 days

Details

Property TypeMultifamily
SubtypeApartment Building
Square Footage5,145
Price/Sq Ft$213.80
Cap Rate3.17%
Units8
Year Built1999
Stories2
ZoningR1A
Lot Size (sq ft)10,000 - 14,999
APNR333575

Marketing Description

Great investment opportunity.​ 7 Unit complex with, 2- 1 Bed/1Bath apartments and 4- 2Bed/1Bath apartments plus a 2 Bed/1 Bath home.​ There is also a studio, recently used for storage, that is being prepped to rent.​ On site laundry room services the 6 units and the home has a washer/dryer.​ New tear off roof and gutters on the house in 2018 and extensive remodeling and new flooring in 2022.​ 4 of 7 units received updates over the last 3 years.​ Currently, all units are occupied.​ Scheduled rents are $8,230 per month.​

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Broker Information
Broker Name
Douglas Landers
Broker License
OR 200903041
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