Modern Walk-Up Apartment
For Sale
Contact for pricing
Pending
2720 SE Steele St, Portland, OR 97202
Under-construction multifamily property with one- and two-bedroom layouts, modern finishes, laundry facilities, and on-site parking.
Property SizeContact for details
Days on Market151
Property Features for 2720 SE Steele St
General Information
Standard status
Pending
Total Parking Spaces
5
Property subtype
Multifamily
Additional Details
Cap Rate
5.5%
Public Transit
Yes
Unit Mix
1 bed, 2 bed
Amenities
washer/dryer
Building Details
Construction
modern walk-up
Listing Agency:
John L. Scott Real Estate Portland
Listed By:
Michael Smira · License #OR 201206047
(503) 935-2560
Source:
Crexi
Added: Apr 11
Changed: Sep 8
Last Checked: Sep 8 at 4:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John L. Scott Real Estate Portland
Investment Insights
Based on property information with market context.
This multifamily property is an under-construction modern walk-up apartment building planned with a mix of one- and two-bedroom residences. Interior features include contemporary finishes and washer-and-dryer installations, while five parking spaces are included. Completion was slated for 12/2019, and the offering was presented at a 5.5 CAP.
The property is located in Portland’s Reed Neighborhood, one block from Reed College. Major public transit and the MAX train are nearby, with local breweries and stores also identified in the surrounding area. Its residential configuration and planned in-unit laundry support a straightforward apartment-building format.
The property is located in Portland’s Reed Neighborhood, one block from Reed College. Major public transit and the MAX train are nearby, with local breweries and stores also identified in the surrounding area. Its residential configuration and planned in-unit laundry support a straightforward apartment-building format.
Key Highlights
- One- and two‑bedroom apartment mix
- Modern walk‑up design with contemporary finishes
- Washer‑and‑dryer installations in the units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
910
Businesses Nearby
Explore this area
Business Placement
Demographics for 97202, OR
43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Under-construction multifamily property with one- and two-bedroom layouts, modern finishes, laundry facilities, and on-site parking.
Where is this apartment building located?
The property is located at 2720 SE Steele St Portland, OR.
What are key features of this property?
This property features: One- and two‑bedroom apartment mix; Modern walk‑up design with contemporary finishes; Washer‑and‑dryer installations in the units
