2515 Killingsworth St, Portland, OR 97211
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.