1223 NW 24th

1223 NW 23rd, Portland, Oregon 97210

$2,100,000

Status:
Available
County:
Multnomah
Units:
7
Year Built:
1907
Unit Price:
$300,000
Building Size:
5,410 sq. ft.
Price per SF:
$388
CAP Rate:
4.55%
Unit Mix:

Seven (7) units including one (1) studio, four (4) 1-bed 1-bath, one (1) 2-bed 1-bath and one (1) 2-bed 2-bath apartments.

Floors:
3
Laundry Room:
Basement
WD in unit:
In one unit
On Site Manager:
Yes
Roof Type:
Composite
Patio Deck:
Yes
Property Photo

This beautiful vintage asset has been extensively updated and offers immaculate studio, one-, and two-bedroom floor plans with high-quality finishes. The property has six units and an additional upstairs owners unit that is currently not permitted with the City of Portland. The property features immaculate landscaping with a private backyard garden area, along with front and back porch lounging areas for tenants.

New capital improvements include a new roof and updated electrical, new windows, and an irrigation system. Units offer some original wood floors plus a mix of modern and vintage decorative lighting, new quartz and granite countertops, and private decks. Select apartments include mini-split heating/air conditioning and gas fireplaces.  

7
Units
1907
Year Built
5,410
SQ. FT.

Property Location