7365 -7375 SE Foster Blvd Portland, OR 97206
Permit-ready 37-unit apartment project in Portland's Foster-Powell neighborhood.
Type:Multifamily
Property size:
15,646 SFPrice / SF:
$118/SF- Added:
- Feb 2, 2024
- Days on Market:
- 813
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 7365 -7375 SE Foster Blvd
General Information
- Standard status
- Active
- Size
- 15,646 SF
- Property subtype
- Multifamily
Listing agent Jordan Carter License #OR 200606025
Listing office Kidder Mathews Portland
Listing date Feb 2, 2024
Source Crexi
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 Kidder Mathews Portland
Overview
Permit Ready Apartment Project
Foster 74 is a permit-ready apartment project located in Portland’s Foster-Powell neighborhood. The property consists of two tax lots and is not subject to Portland’s Inclusionary Housing Provisions. The city has approved the plans, and construction can begin once the permits are paid. Renderings, plans, surveys, and reports are included in the sale and will be transferred to the buyer at closing. The buyer must conduct their own due diligence to verify the status of the proposed project with the City of Portland. Foster 74 was designed as a modern, 3-story wood frame apartment building consisting of 15,646 square feet of gross area containing 37 apartment units across two side-by-side buildings. The unit mix will consist of 5 studio units, 31 one-bedroom units, and 1 two-bedroom unit, all with modern finishes and top floor units with vaulted ceilings. Units will feature wide plank LVT flooring, in-unit stackable washer/dryer, two-tone cabinets, porcelain tile backsplash, undermount sinks, and stainless steel appliances. Buyers can execute the current project as designed or design the building to their own standard and specifications. The project is located near restaurants, cafes, and breweries and offers experiences only found in the area. It is near public parks, a community center, and the heart of the Foster Blvd Revitalization Area. It is less than 6 miles from downtown Portland and offers tenants quick access to the major employment hub in the metro area.
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.599
- Latitude
- 45.4813
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Permit-ready 37-unit apartment project in Portland's Foster-Powell neighborhood.
Where is this apartment building located?
The property is located at 7365 -7375 SE Foster Blvd Portland, OR.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Permit‑ready 37‑unit apartment project: Construction can begin immediately.; Not subject to Portland's Inclusionary Housing provisions.; Approved plans, renderings, surveys, and reports included and transferable to buyer.
