8474 Willamette Blvd Portland, OR 97203
- Residential income homes
- 4,746 SF
- 0.10 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 8474 Willamette Blvd
- Year built
- 204
- Lot size
- 0.10 lot acres
- Property size
- 4,746 SF
- Property type
- Residential income homes
- Property subtype
- Dormitories
Description
This exceptional new 6-plex in Portland's Cathedral Park offers a compelling investment opportunity. The property boasts a mix of six units: one 2-bedroom, 2.1-bathroom unit and five 2-bedroom, 1.1-bathroom units. Each unit features an open-concept design with spacious living areas, modern kitchens equipped with stainless steel appliances and custom cabinetry, and ample natural light. The building, constructed in 2024, totals 4,746 square feet on a 0.1-acre lot and is a two-story structure. It benefits from a highly desirable location with a 91 BikeScore, placing residents within easy reach of numerous amenities including coffee shops, restaurants, grocery stores, and parks, all within a short distance. The property is zoned RM2 and comes with a one-year builder's warranty. Estimated completion is mid-September 2024. This represents a rare chance to acquire a newly constructed multifamily property in a prime Portland location, offering strong potential for rental income and long-term appreciation. The asking price is $1,999,900.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.7552091
- Latitude
- 45.5867862
