2345 135th Ave, Unit 2473 Portland, OR 97233-2005
- Apartment buildings
- 26,110 SF
- 1.12 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 2345 135th Ave
- Year built
- 1972
- Lot size
- 1.12 lot acres
- Property size
- 26,110 SF
- Zone code
- R1
- Property type
- Apartment buildings
- APN
- 1S2E02DC 08100
- APU
- 1S2E02DC08100
Description
This exceptional 30-unit apartment building, located at 2345 SE 135th Ave in Portland, Oregon, presents a compelling investment opportunity. Built in 1972, the property boasts a diverse unit mix including twelve one-bedroom/one-bathroom units, four two-bedroom/one-bathroom units, and fourteen three-bedroom/one-and-a-half-bathroom units. A significant advantage is that 25 of these units have undergone renovations within the past two years. The property features individual water submeters for each unit, and all leases incorporate RUBS (renter-uses-based billing) for utilities, enhancing efficiency and cost management. Ample on-site parking is available for residents. Its convenient location just north of Division Street provides easy access to a vibrant array of shopping, dining, and public transportation options. The asking price for this well-maintained property is $5,500,000. Please note that a walk-through will be conducted upon acceptance of a purchase offer. To protect the privacy of current residents, please refrain from disturbing them.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.526
- Latitude
- 45.505
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
