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8300 SE Flavel ST

Portland, OR 97266
Square Ft.
6,070
Active
Multifamily
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$2,000,000
Introducing a six-unit apartment community located in Portland's growing Lents neighborhood. Built in 2019, the property offers investors a rare opportunity to acquire a newer-construction multifamily asset comprised entirely of spacious two-bedroom apartment homes.The property features six well-designed 2-bedroom, 1-bathroom units totaling approximately 6,014 rentable square feet within a 6,070-square-foot… Read MoreRead Less
Listing courtesy of Rarebird Real Estate.
Listing Snapshot
Days Online
71
Last Updated
Square Ft.
6,070
Lot Size
0.29 Acres
Year Built
2020
MLS Number
244619036
30 Days Snapshot Of 97266
$400k
+1%
(avg) sold price
24
-27%
homes sold
59
+145%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Storage: None, Stories: 2, Building Area Total: 6070, Built in 2020, Unit Type Type: UnitTypeType1, UnitTypeType2
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Cooling
Cooling: MiniSplit
Expenses
Operating Expense: $48,189
Exterior Features
Exterior Description: CementSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: MiniSplit, WallHeater
Income
CAP Rate: 3.65, Gross Income: $121,200, Gross Rent Multiplier: 16.5, Net Operating Income: $73,011
Lot
Features: Level, Size Acres: 0.29, Size Range: SqFt10000to14999, Size Square Feet: 12,632, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, AnnualPropertyOperationData, Leases, ProfitLossStatement
Parking
Features: Assigned, Open, 7 total parking spots
Property
Number Of Units Total: 6, Property Condition: Approximately, Zoning: RM1
Roof
Roof: Composition
Security Features
Features: None
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $19,885, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,700, Area: 990, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 4, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,650, Area: 1027, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 2, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Kelly Elementary School 503-916-6350 Public EE-5
Lane Middle School 503-916-6355 Public 6-8
Franklin High School 503-916-5140 Public 9-12
Kelly Elementary School 503-916-6350 Public EE-5
Lane Middle School 503-916-6355 Public 6-8
Franklin High School 503-916-5140 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.