4024 NE 6TH AVE

Portland, OR 97212
Square Ft.
12,247
$1,639,000
The NE 6th Ave Apartments is an 11-unit multifamily asset located in Portland’s desirable close-in Northeast submarket. Originally constructed in 1910, the property features classic early-20th century architecture with strong in-place income and attractive going-in fundamentals. The unit mix includes a combination of studios, one-bedroom, and larger two- and three-bedroomRead MoreRead Less
Listing courtesy of Barry Investment Real Estate.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
12,247
Lot Size
0.23 Acres
Year Built
1910
MLS Number
263315632
30 Days Snapshot Of 97212
$1.19M
+26%
(avg) sold price
31
0%
homes sold
11
-77%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Unfinished
Building
Building Area Total: 12247, Built in 1910, Storage: Attic, Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Community
Community Features: Laundry
Cooling
Cooling: None
Disclosures
Disclosures: Exempt
Expenses
Operating Expense Scheduled: 67854, Operating Expense: $67,854
Exterior Features
Exterior Description: WoodSiding
Foundation
Foundation Details: Block
Heating
Heating: ForcedAir
Income
CAP Rate: 6.71, Gross Income: $177,844, Gross Rent Multiplier: 9.22, Gross Scheduled Income: $181,492, Net Operating Income: $109,990, Net Scheduled Income: 113638
Lot
Features: Level, Size Acres: 0.23, Size Range: SqFt10000to14999, Size Square Feet: 10,018, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, AnnualPropertyOperationData, RentRecords
Parking
Features: OnStreet
Property
Number Of Units Total: 11, Property Condition: Existing, Zoning: R2.5
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,442, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,177, Area: 416, Features: Range, Refrigerator, WoodFloors, Units Total: 3, 1 total bathroom
Unit Two
Actual Rent: $1,402, Area: 584, Features: Range, Refrigerator, WoodFloors, Units Total: 6, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,745, Area: 700, Features: Range, Refrigerator, WoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $1,720, Area: 852, Features: Range, Refrigerator, WoodFloors, Units Total: 1, 1 total bathroom, 3 total bedroom
Utilities
Fuel Description: Gas, Water Source: PublicWater
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Erika George and Kari McGee
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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.
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.