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    OFF-MARKET
    Residential income homes

    2515 Killingsworth St, Portland, OR 97211

    5,086 SF 0.11 ac lot Built 2024
    Property ID
    US71-0209202
    Property summary
    AI-generated overview

    This exceptional 2024-built, six-unit apartment building presents a compelling investment opportunity in Portland, Oregon's desirable Alberta Arts District. Located at 2515 NE Killingsworth St, this property boasts a prime location, just a short walk from Alberta Park and 0.3 miles from the vibrant Alberta Arts District, known for its trendy shops, restaurants, and coffee houses. The building comprises a single, two-story structure encompassing 5,086 square feet on a 0.11-acre lot, zoned RM1. Each of the six units features a spacious, open-concept floor plan, abundant natural light, high ceilings, two bedrooms, and 1.1 bathrooms. The kitchens are equipped with custom cabinetry, tile work, and stainless steel appliances. Private fenced yard spaces with patios offer residents outdoor enjoyment. This turnkey property benefits from new construction and a one-year builder warranty, providing peace of mind for investors. The property's strong location and modern design make it an ideal addition to any investment portfolio. Video tours of the front and back units are available online. This is a rare opportunity to acquire a high-quality, newly constructed multifamily property in a thriving Portland neighborhood.

    Property profile
    Verified
    Property type Residential income homes
    Year built 2024
    Total area 5,086 SF
    Lot 0.11 ac (4,792 SF)
    UPID US71-0209202
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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