Multi-Family for Sale: 5840 89TH AVE, Portland, OR 97266

5,369 sqft
$1,948,800
$1,948,800
5840 89TH AVE, Portland, OR 97266
5,369 sqft
$1,948,800
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Price:
$1,948,800
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Square Feet 5,369 sqft
Lot Size 0.07 acres
Year Built 2023
Taxes Paid $2,142
City Portland
Area 143 - Portland Southeast
County Multnomah
School District Franklin
Subdivision LENTS
MLS 24164065
Status Active
DOM 182 days
New 11 unit apartment building in the Lents District which offers a vibrant community with amenities like FlipSide Bar and Carts, the Farmers Market, Lents Park, and easy transportation making it an attractive location for tenants. The fact that the building is professionally managed and fully leased adds to its appeal, as does the availability of plenty of street parking and outdoor amenities. Having full income and expense reports available for a Buyer makes it transparent and easier to assess the investment's potential. Overall, a plug-and-play investment opportunity in a promising location.

Room Features

Basement Description None

Lot & Building Features

Cooling Heat Pump, Wall Unit(s)
Heating Heat Pump
Parking Description On Street
Sewer Public Sewer
Water Public Water
Water Heater Gas

Community and Schools

Elementary School Kelly
Junior High School Lane
Senior High School Franklin

Unit Features

Unit Type 1 Actual Rent 1095
Unit Type 1 Area 364
Unit Type 1 Baths Total 1
Unit Type 1 Features Air Conditioning, Washer/Dryer, Refrigerator, Range
Unit Type 1 Units Total 5
Unit Type 2 Actual Rent 1195
Unit Type 2 Area 448
Unit Type 2 Baths Total 1
Unit Type 2 Features Air Conditioning, Washer/Dryer, Refrigerator, Range
Unit Type 2 Units Total 3
Unit Type 3 Actual Rent 1050
Unit Type 3 Area 333
Unit Type 3 Baths Total 1
Unit Type 3 Features Air Conditioning, Washer/Dryer, Refrigerator, Range
Unit Type 3 Units Total 1
Unit Type 4 Actual Rent 1150
Unit Type 4 Area 371
Unit Type 4 Baths Total 1
Unit Type 4 Features Air Conditioning, Washer/Dryer, Refrigerator, Range
Unit Type 4 Units Total 2

Price History of 5840 89TH AVE, Portland, OR

Date Name Price Difference
05/24/2024 Listing Price $1,948,800 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Don Nunamaker, Realtors
Direct: 541-386-4400
Office
2495 Cascade Ave.
Hood River, OR 97031
541-386-4400
Listed by Legacy Realty Group, Mark Lisac
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0.10996151477833%
6.75%
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5840 89TH AVE (MLS #24164065) is a multi-family listing located in Portland, OR. This multi-family listing is 5,369 sqft and on a lot of 3,049 sqft (or 0.07 acres) and is 1 years old. This property was listed on 05/24/2024 and has been priced for sale at $1,948,800.

Nearby zip codes are 97086, 97206, 97215, 97216 and 97217. This property neighbors other cities such as Happy Valley and Milwaukie.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Legacy Realty Group

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Don Nunamaker, Realtors are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.