6-Unit Remodeled Apartment
For Sale
$1,175,000
4107 Se Holgate Blvd, Portland, OR 97202
Residents have access to on-site laundry, individual storage, and off-street parking.
Property Size6,192 SF
Price / SF$189.76
Days on Market20
Property Features for 4107 Se Holgate Blvd
General Information
Standard status
Active
Size
6,192 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Creston-Kenilworth
Building Details
Year Built
1972
Listing Agency:
CORE, Realtors
Listed By:
Conor Finlay · License #201217057
(503) 545-7935
Source:
Theoregonhomefinder
Added: Oct 13
Changed: Oct 31
Last Checked: Nov 1 at 6:03AM
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 CORE, Realtors
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Investment Insights
Based on property information with market context.
This 1972 apartment property comprises six townhouse-style residences and has been remodeled. Each unit has storage, and residents can use on-site laundry facilities. Off-street parking is also provided.
The property is professionally managed.
The property is professionally managed.
Key Highlights
- Six‑unit apartment property
- Remodeled townhouse‑style configuration
- On‑site laundry and storage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,538
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,670,760
$1.7M
Cap Rate 7%
$1,193,400
$1.2M
Cap Rate 9%
$928,200
$928.2K
Market Conditions
NOI Build-Up for 6,192 SF
Gross rent
$161.2K $26.04/SF
− Vacancy
−$9.4K −$1.51/SF
EGI
$151.9K $24.53/SF
− OpEx
−$68.3K −$11.04/SF
NOI
$83.5K $13.49/SF
Area
ZIP 97202
Vacancy
5.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,670,760
Cap Rate 7%
$1,193,400
Cap Rate 9%
$928,200
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,538 @ 7.0% cap · market cap 7.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,406 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
961
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Residents have access to on-site laundry, individual storage, and off-street parking.
Where is this apartment building located?
The property is located at 4107 Se Holgate Blvd Portland, OR.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Six‑unit apartment property; Remodeled townhouse‑style configuration; On‑site laundry and storage for each unit
