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Mount Tabor 4-Plex

Mount Tabor 4-Plex

https://www.josephbernard.net/mount_tbr
Address:
218-224 SE 73rd Avenue, Portland, Oregon 97215
Price:
$730,000
Units:
4
Price per unit:
$182,500
Cap Rate:
0.00%
Year Built:
1954

Highlights

  • 2 Bedrooms With Interior Stairwell to Basement
  • All Units Have Basements
  • Corner Lot with Nice Landscaping
  • Great Upside Potential
  • Attached Garages & Additional On-Site Parking
  • Large Units with Hardwood Floors & Fireplaces
  • Fully Occupied
  • Premier Mt Tabor Location
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Mount Tabor 4-Plex

Summary

The Mount Tabor 4-Plex is located on a corner lot on SE 73rd Avenue in the Mount Tabor neighborhood of Portland, Oregon.  This well maintained property features a mix of large one and two bedroom units with hardwood floors, fireplaces, attached garages, and additional on-site parking.  The property is currently fully occupied and has great upside potential. Please do not disturb tenants.

Highlights

  • 2 Bedrooms With Interior Stairwell to Basement
  • All Units Have Basements
  • Corner Lot with Nice Landscaping
  • Great Upside Potential
  • Attached Garages & Additional On-Site Parking
  • Large Units with Hardwood Floors & Fireplaces
  • Fully Occupied
  • Premier Mt Tabor Location
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Mount Tabor 4-Plex

Mount Tabor is a lovely area of Portland with many nice older homes tucked into quiet neighborhood streets. Climb the hill up Mount Tabor and you'll have some stunning views with beautiful scenery and the Portland skyline off in the distance. There are some great local businesses that give Mt Tabor a lot of color and character.  A few standouts are The Albina Press coffee shop, The Sapphire Hotel and Por Que No?!. (PortlandNeighborhood.com)

The Portland rental market is ranked #4 in the country in terms of apartment rent growth, according to Axiometrics, Inc., a provider of data and analysis on the multi-family housing sector. 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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Mount Tabor 4-Plex

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Mount Tabor 4-Plex

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Mount Tabor 4-Plex

Document Title Document Type
Property Flyer Adobe PDF
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Mount Tabor 4-Plex

Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax