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Raintree Apartments

924 SW 16th Avenue, Portland, Oregon 97205

$4,000,000

Status:
Available
County:
Multnomah
Units:
19
Year Built:
1911
Unit Price:
$210,526
Land Size:
0.12 Acres
Building Size:
17,135 sq. ft.
Price per SF:
$233
CAP Rate:
5.08%
Unit Mix:

Nineteen (19) units consisting of one (1) studio, two (2) 1-bed, and sixteen (16) 2-bedroom flats. 

Floors:
5
Laundry Room:
Yes
Siding:
Brick
Heat Type:
Gas
Storage:
Yes
Patio Deck:
Some
Property Photo

Raintree Apartments is a beautiful brick building with historical wood detailing. The five-story asset is elevator-served with an on-site laundry. Its location is outstanding and is less than two blocks from Providence Park, home to the Portland Timbers' major league soccer stadium. The building features large, unique floor plans, clawfoot tubs, picture rails, leaded-glass interior doors, and other vintage touches. 

19
Units
1911
Year Built
17,135
SQ. FT.

Property Location