Multi-Family for Sale: 8405 WILLAMETTE BLVD, Portland, OR 97203

4,256 sqft
$1,169,900
$1,169,900
8405 WILLAMETTE BLVD, Portland, OR 97203
4,256 sqft
$1,169,900
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Price:
$1,169,900

Type Multi-Family
Square Feet 4,256 sqft
Garage Spaces 4
Lot Size 0.12 acres
Year Built 1969
Taxes Paid $11,349

City Portland
Area 141 - Portland North
County Multnomah
School District Roosevelt
Subdivision CATHEDRAL PARK/ST JOHNS

MLS 24350057
Status Pending
DOM 47 days
Incredible Value-Add Potential! This impeccably maintained 4-plex is located in a rapidly growing neighborhood, with select units offering breathtaking views of the iconic St. Johns Bridge and Forest Park. The building blueprint spans 6,384 sq ft across three stories, with each level measuring 2,128 sq ft. Each 2-bedroom, 1-bath unit offers 1,078 sq ft of living space, w/generously sized closets, large windows, and private balconies for abundant natural light. The open floor plan includes a kitchen with a breakfast bar and modern amenities such as in-unit washers and dryers, along with secured entry via a coded keypad. Each unit comes with an assigned garage space and a large, secured storage unit for added convenience.Situated on a corner lot in one of Portland’s most desirable neighborhoods, this property boasts a Walk Score of 90 and a Bike Score of 71. Just minutes from the University of Portland, top-rated schools, and the scenic Cathedral Park, it provides easy access to Forest Park’s extensive trails, ideal for outdoor enthusiasts. Nearby, you'll find shopping at New Seasons Market, Fred Meyer, and Safeway, along with downtown St. Johns' local boutiques, coffee shops, vibrant dining scene, eclectic art galleries, live music, and a neighborhood farmers' market—there's always something happening around the corner. Major employers such as Adidas and Daimler are nearby, with convenient access to highways and public transportation.The main level offers conversion and development potential worth exploring. The main level, currently utilized as 4 garage spaces and 5 huge secured storage rooms, presents significant development potential. With new FAR regulations, there is an opportunity to expand and add additional units, unlocking greater profitability. Investors are encouraged to explore this potential for increased returns, and buyers and their agents are advised to conduct due diligence on this exciting opportunity. 100% occupancy rate with long-term tenants.

Room Features

Basement Description Exterior Entry, Storage Space, Finished

Lot & Building Features

Cooling Other, Window Unit(s)
Heating Zoned
Parking Description Attached, Garage
Sewer Public Sewer
Water Public Water
Water Heater Electricity

Community and Schools

Elementary School James John
Junior High School George
Senior High School Roosevelt

Unit Features

Unit Type 1 Actual Rent 1650
Unit Type 1 Area 1078
Unit Type 1 Baths 1.000
Unit Type 1 Baths Total 1
Unit Type 1 Beds Total 2
Unit Type 1 Features Dishwasher, Washer/Dryer, Refrigerator, Range
Unit Type 1 Units Total 2
Unit Type 2 Actual Rent 1600
Unit Type 2 Area 1078
Unit Type 2 Baths 1.000
Unit Type 2 Baths Total 1
Unit Type 2 Beds Total 2
Unit Type 2 Features Dishwasher, Washer/Dryer, Refrigerator, Range
Unit Type 2 Units Total 2

Price History of 8405 WILLAMETTE BLVD, Portland, OR

Date Name Price Difference
10/09/2024 Listing Price $1,169,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 8405 WILLAMETTE BLVD, Portland, OR

Location Map Street View
Photo of Don Nunamaker, Realtors
Direct: 541-386-4400
Office
2495 Cascade Ave.
Hood River, OR 97031
541-386-4400
Listed by Stellar Realty Northwest, Annie Dang
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20%
0.97016240704334%
6.75%
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$
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

8405 WILLAMETTE BLVD (MLS #24350057) is a multi-family listing located in Portland, OR. This multi-family listing is 4,256 sqft and on a lot of 5,227 sqft (or 0.12 acres) and is 55 years old. This property was listed on 10/09/2024 and has been priced for sale at $1,169,900.

Nearby zip codes are 97035, 97210, 97213, 97229 and 97231.

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: Stellar Realty Northwest

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.