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32610856

8309-8315 N Dwight Ave, Portland, OR 97203 For Sale

JY
OR 861000008
Keller Williams Sunset Corridor
Listed by Keller Williams Sunset Corridor
$859,000
67 days on market
Updated 25 days ago

8309-8315 N Dwight Ave (4 Plex)

Details
APN R292350
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,185
Units 4
Cap Rate 4.40%
NOI $38,508
Occupancy 100%
Tenancy Multi
Price per SqFt $275
Year Built 1955
Stories 1
Acreage 0.290
Zoning R 5
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.26
Investment Type Stabilized

8309-8315 N Dwight Ave, Portland, OR 97203

Marketing description

Prime Investment Opportunity- 4 Plex in a highly walkable Portsmouth Neighborhood with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 4-unit multifamily property. Situated on 0.29 acres in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features four 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-occupied looking for solid long term assets in a sought after neighborhood. Property is part of a two-lot offering, call for details!

Investment highlights


Listing Contacts

JY
OR 861000008
Keller Williams Sunset Corridor
Listed by Keller Williams Sunset Corridor

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$38,508.00
$3,209.00/mo

Valuation Metrics

0
DSCR
4.48%
Cap Rate
4.48%
ROI

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Additional Information

Name
Jeff Yarbor
License
861000008
Title
Oregon
Brokerage Address
35632 Firlok Park Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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