4260 37Th Ave Portland, OR 97202

Property Details for 4260 37Th Ave

Lot size

0.11 lot acres

Property size

4,288 SF

Property type

Residential income homes

Property subtype

Dormitories

Description

This exceptional 5-unit apartment building presents a compelling investment opportunity in Portland, Oregon. Situated on a 0.11-acre lot in the desirable 97202 zip code, this two-story property boasts 4,288 square feet of meticulously designed living space. Each of the five units features two bedrooms and two and a half bathrooms, totaling ten bedrooms across the complex. The units are impeccably designed with chef-inspired kitchens showcasing warm cabinetry, intricate tilework, built-in features, and stainless steel appliances. Open-concept floor plans seamlessly connect kitchens to dining and living areas, which include additional storage, designer accent walls with built-ins, and ambient accent lighting. Lower-level guest bathrooms feature moody colors and exquisite tilework. Upstairs, primary suites and spacious secondary bedrooms are bathed in natural light from expansive windows and lofty ceilings. Each unit includes a private fenced yard with a patio. The property benefits from a 92 BikeScore, placing it within easy reach of coffee shops, groceries, and other amenities. Its proximity to Reed College and the Woodstock neighborhood further enhances its appeal. The building is constructed to high standards, offering peace of mind with a one-year builder warranty. The property is zoned RM1 and offers a compelling price per unit of $399,980, with an overall asking price of $1,999,900. This represents a strong price per square foot of $466.39. Video tours of select units are available online.

Location Insight

City

Portland

County

Multnomah

State

Oregon

Longitude

-122.624

Latitude

45.4918