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1220 SE 39th Avenue

1220 SE 39th Avenue

https://www.josephbernard.net/1220_39th
Address:
1220 SE 39th Avenue, Portland, Oregon 97214
Price:
$910,000
Units:
7
Price per unit:
$130,000
Cap Rate:
6.09%
Year Built:
1944

Highlights

  • Strong Tenant History
  • Well Landscaped Property
  • Off Street Parking
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1220 SE 39th Avenue

Summary

This cozy seven unit apartment building has a lot to offer prospective owners. Strong tenant history, well landscaped property, and off street parking.

Highlights

  • Strong Tenant History
  • Well Landscaped Property
  • Off Street Parking
Sold

1220 SE 39th Avenue

The Sunnyside neighborhood is located in Southeast Portland. Filled with many houses that have been restored to their original charm, this neighborhood makes a great community for not only the young professionals, but also the old at heart. With many close amenities this neighborhood is one of the most desired in Portland.

According  to the 2000 Census approximately 2,575 people reside in the Glenfair community, with approximately 72% being renters and 28% home owners.  Portland is the largest city in Oregon, and the fourth largest city on the west coast.  The Portland Metro Area is home to nearly 2 million people, and sits approximately 78 miles from the ocean and 65 miles from the Cascade Mountains.

In 2008 Money Magazine named Portland one of the "Top 10  Places to Live".  Portland is also well known for its strong land-use planning and investment into public transportation.  Some of the larger Portland employers include Nike, Columbia Sportswear, Tektronix, Precision Castparts Corp, and Mentor Graphics Corp.

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1220 SE 39th Avenue

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1220 SE 39th Avenue

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1220 SE 39th Avenue

Document Title Document Type
Property Flyer Adobe PDF
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1220 SE 39th Avenue

Joseph Bernard, LLC
5200 S Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax