Six-Unit Apartment
8300 SE Flavel St Portland, OR 97266
8300 SE Flavel St, Portland, OR, 97266
$2,000,000
For Sale
$2,000,000
MULTI_FAMILY - Portland, OR
Property Size6,070 SF
Lot Size0.29 Acres
Price / SF$329.49
Days on Market51
Property Features for 8300 SE Flavel St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM1
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
- Standard status
- Active
- APN
- R145996
- Size
- 6,070 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- D & O LITTLE HMS SUB 2, LOT 24 TL 1200
- Tax Annual Amount
- 19885
Building Details
- Year built
- 2020
- Floors in Building
- 2
- Number of units
- 6
- Roof type
- Composition
Listing Agency
Rarebird Real Estate
(503) 451-0545
800 NE Broadway St, Portland, OR
Listed by
Benjamin Ficker · License #200412166,OR
(971) 273-5547
Added: Jun 1 Updated: Jul 11 at 9:34 am Checked: Jul 21 at 1:06 am
MLS# 244619036
Listing URL
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A six-unit apartment community built in 2019 offering spacious two-bedroom, one-bath layouts. The property contains approximately 6,014 rentable square feet within a 6,070-square-foot building. Each unit is equipped with an in-unit washer and dryer, and the overall setup includes seven off-street parking spaces to support resident and guest parking needs.
The community is situated on a 12,524-square-foot lot, providing a low-density residential site layout. It is located minutes from Lents Town Center, Lents Park, and the Springwater Corridor Trail, with access to major transportation corridors including Interstate 205.
This asset is well-suited for buyers seeking a newer-construction multifamily property with an all-two-bedroom unit mix and in-unit laundry in every apartment. The configuration of consistently sized two-bedroom homes, along with the onsite parking and modern building date, can support straightforward operations for an owner-operator or investor portfolio.
The community is situated on a 12,524-square-foot lot, providing a low-density residential site layout. It is located minutes from Lents Town Center, Lents Park, and the Springwater Corridor Trail, with access to major transportation corridors including Interstate 205.
This asset is well-suited for buyers seeking a newer-construction multifamily property with an all-two-bedroom unit mix and in-unit laundry in every apartment. The configuration of consistently sized two-bedroom homes, along with the onsite parking and modern building date, can support straightforward operations for an owner-operator or investor portfolio.
Key Highlights
- Built in 2019: six‑unit apartment community with six 2‑bedroom/1‑bath units
- 6,014 rentable SF within a 6,070‑square‑foot building
- Average unit size of approximately 1,002 SF (spacious 2‑bedroom layouts)
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $149.3k | $24.60 |
| − Vacancy | −$7.6k | −$1.25 |
| EGI | $141.7k | $23.35 |
| − OpEx | −$63.8k | −$10.51 |
| NOI | $77.9k | $12.84 |
6,070 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$974.2K – $1.30M
NOI $77,939 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,322 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 2019-built six-unit community with in-unit laundry and off-street parking on a low-density lot.
Where is this apartment building located?
The property is located at 8300 SE Flavel St Portland, OR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Built in 2019: six‑unit apartment community with six 2‑bedroom/1‑bath units; 6,014 rentable SF within a 6,070‑square‑foot building; Average unit size of approximately 1,002 SF (spacious 2‑bedroom layouts)
