Listing courtesy of John L. Scott Portland Central.
Prime Investment Opportunity – Modern 7-Unit Walk-Up in the Reed NeighborhoodIntroducing a rare chance to own a newly constructed (2020) 7-unit apartment building in the highly desirable Reed neighborhood, just steps from Reed College. This turnkey asset combines contemporary design, a prime location, and strong financial performance, making it an ideal addition to any investor’s portfolio. Built in 2020, the property features energy-efficient systems, premium finishes, and low-maintenance construction, ensuring long-term durability and designed to offer spacious layouts . Situated within walking distance of Reed College and public transportation, the property benefits from consistent tenant demand and competitive rental income. With high occupancy rates this asset provides immediate cash flow and stable returns.Don’t miss this opportunity to secure a high-performing, low-maintenance property in one of the city’s most coveted neighborhoods.
Prime Investment Opportunity – Modern 7-Unit Walk-Up in the Reed NeighborhoodIntroducing a rare chance to own a newly constructed (2020) 7-unit apartment building in the highly desirable Reed neighborhood, just steps from Reed College. This turnkey asset combines contemporary design, a prime location, and strong financial performance, making it an ideal addition to any investor’s portfolio. Built in 2020, the property features energy-efficient systems, premium finishes, and low-maintenance construction, ensuring long-term durability and designed to offer spacious layouts . Situated within walking distance of Reed College and public transportation, the property benefits from consistent tenant demand and competitive rental income. With high occupancy rates this asset provides immediate cash flow and stable returns.Don’t miss this opportunity to secure a high-performing, low-maintenance property in one of the city’s most coveted neighborhoods.
Multifamily
--
2020
3
--
0.09
Active
70
6,560 Sq. Ft.
3,920 Sq. Ft.
Location
- No
- WallUnit
- Baseboard, WallHeater
Michael Smira
John L. Scott Portland Central
Multnomah
776111041
CloseOfEscrow
This content last updated on 04/07/2025 09:48 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Average List Price
$681,562
1%
Average Sale Price
$692,139
1%
Days on Market
51
0%
Homes Sold
82
16%
Median List Price
$600,000
9%
Median Sale Price
$637,500
6%
Sale/Price Ratio
102%
2%
Homes for Sale
92
40%
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All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 04/07/2025 01:07 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Listing content is © 2025 RMLS, Portland, Oregon.
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