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Murray Manor

910 SE 37th Avenue , Portland, Oregon 97214

$6,250,000

Status:
Available
County:
Multnomah
Units:
33
Year Built:
1920
Unit Price:
$189,394
Land Size:
0.15 acres
Building Size:
19,812 sq. ft.
Price per SF:
$315
CAP Rate:
5.27%
Unit Mix:

Eight (8) studio units, eighteen (18) one-bedroom, one-bathroom units, six (6) two-bedroom, one-bathroom units, and one (1) three-bedroom, one-bathroom unit.

Floors:
3
Laundry Room:
Yes
Siding:
Brick
Roof Type:
Flat
Heat Type:
Electric
Storage:
Yes
Property Photo

Murray Manor is a 33-unit bricker apartment building located in Portland, Oregon. Originally built in 1920 as a hotel, the property was converted to apartments and features studios and one-, two-, and three-bedroom units. The electrical system was updated in 2017 and the roof was replaced in 2018. The windows have been recently replaced along with the fire sprinkler system. Historically self-managed, the property offers immediate rent upside. Murray Manor is well-located on SE Belmont Street just minutes from the heart of the corridor, where numerous dining, retail, and entertainment establishments can be found.

33
Units
1920
Year Built
19,812
SQ. FT.

Property Location