City Link

4147 SE 37th Avenue, Portland, Oregon 97202

$2,650,000

Status:
In Contract
County:
Multnomah
Units:
14
Year Built:
1972
Unit Price:
$189,286
Land Size:
0.83 Acres
Building Size:
12,892 sq. ft.
Price per SF:
$206
CAP Rate:
5.30%
Unit Mix:

Fourteen (14)  units consisting of ten (10) 2-bed 1-bath and four (4) 3-bed 1-bath units.

Floors:
2
Open Parking:
Yes
Siding:
Fiber Cement
Roof Type:
Flat
Heat Type:
Electric
Property Photo

This 14-unit apartment building is located on a picturesque tree-lined street in close-in southeast Portland. City Link offers spacious two- and three-bedroom floor plans amongst green landscaping and off-street parking. The property recently received new fiber cement siding and exterior paint. Select units include updated appliances, insulated windows, luxury vinyl tile flooring, newer countertops, and cabinetry. Nearby rent comparables indicate considerable room to increase income. The spacious units are well-maintained and there is ample on-site parking.

14
Units
1972
Year Built
12,892
SQ. FT.

Property Location