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611 SE 139TH AVE

Portland, OR 97233
Square Ft.
10,180
Active
Multifamily
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$1,925,000
Walnut Manor Apartments is a well-maintained 12-unit multifamily community located at 611 SE 139th Avenue in Portland’s Hazelwood neighborhood of SE Portland. Constructed in 1968, the property consists entirely of spacious single-level two-bedroom units, offering residents an attractive low-density living environment that is increasingly rare among comparable vintage apartment communities… Read MoreRead Less
Listing courtesy of Barry Investment Real Estate.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
10,180
Lot Size
0.76 Acres
Year Built
1968
MLS Number
756370414
30 Days Snapshot Of 97233
$407k
+10%
(avg) sold price
31
+72%
homes sold
46
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Building Area Total: 10180, Built in 1968, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: MiniSplit
Expenses
Operating Expense Scheduled: 89272, Operating Expense: $89,272
Exterior Features
Exterior Description: Brick, WoodSiding
Foundation
Foundation Details: Block
Heating
Heating: WallHeater
Income
CAP Rate: 6.59, Gross Income: $216,090, Gross Rent Multiplier: 8.91, Gross Scheduled Income: $220,046, Net Operating Income: $126,818, Net Scheduled Income: 130774
Lot
Features: Level, Size Acres: 0.76, Size Range: SqFt20000toAcres1, Size Square Feet: 33,105, Size: 20,000 SqFt to .99 Acres
Miscellaneous
Investor Information: AccordingToOwner, AnnualPropertyOperationData
Parking
Features: OffStreet, Open, 24 total parking spots
Property
Number Of Units Total: 12, Zoning: R3
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $21,945, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,468, Area: 830, Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer, Units Total: 11, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,495, Area: 900, Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 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

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Menlo Park Elementary School 503-256-6506 Public PK-5
Floyd Light Middle School 503-256-6511 Public 6-8
David Douglas High School 503-261-8300 Public 9-12
Menlo Park Elementary School 503-256-6506 Public PK-5
Menlo Park Elementary School 503-256-6506 Public PK-5
Floyd Light Middle School 503-256-6511 Public 6-8
David Douglas High School 503-261-8300 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.