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    5377 SE 18TH Ave

    Portland, OR 97202
    • $2,800,000
    • STATUS: Active
    • ON SITE: 408 days
    • MLS #: 20233848
    UPDATED: 51 min ago
    $2,800,000
    • 1
      BEDS
    • N/A
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 5,770
      SQFT
    • $485
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Fully Rented! Stunning modern new construction 12 unit apartment complex from quality local builder with 1bed, 1 bath units. Newly completed with excellent projected rents! Trendy, open concept floor plan showcases modern amenities, tall ceilings, SS appliances, W/D in units, lots of windows, and more! Situated in the desirable Sellwood-Moreland neighborhood! Right near transit, shopping, eateries, parks, schools, and freeway access!

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    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-05-16T22:39:37.967.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
    www.nexthomepdx.com/homes/104771604
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    5377 SE 18TH Ave Portland, OR 97202

    • Price: $2,800,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 20233848
    1
    Beds
    1
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,770
    SQFT
    $485
    $/SQFT
    2020
    Built
    Neighborhood:
    Sellwood Moreland
    County:
    Multnomah
    Area:
    143-Portland Southeast
    Elementary School:
    Llewellyn
    Middle School:
    Sellwood
    High School:
    Cleveland
    Property Description
    Fully Rented! Stunning modern new construction 12 unit apartment complex from quality local builder with 1bed, 1 bath units. Newly completed with excellent projected rents! Trendy, open concept floor plan showcases modern amenities, tall ceilings, SS appliances, W/D in units, lots of windows, and more! Situated in the desirable Sellwood-Moreland neighborhood! Right near transit, shopping, eateries, parks, schools, and freeway access!
    Exterior Features

    Exterior Description Cement Siding Lot Description Corner LotLevel Lot Size 5000 To 6999 Sqft View Trees/Woods View YN Yes Water Description Public

    Interior Features

    Heating Description Heat Pump Hot Water Description Electricity Unit Features Wood Floors Unit Type1 Features Wood Floors Unit Type1 Sq Ft 480

    Property Features

    Bank Owned YN No Capitalization Rate 4.91 Country Us Fuel Description Electricity Gross Income Actual 184740 Gross Income Projected 184200 Gross Rent Multiplier 15.16 Net Income Actual 137504 Net Income Projected 146876 Occupancy Types Leased Operating Expenses Actual 51514 Operating Expenses Projected 37114 Property Condition New Construction Rent Includes None Seller Disclosure Exempt Sewer Description Public Sewer Short Sale YN No Tax Amount 9321.63 Third Party Approval YN No Unit Type1 Rent 1304 Unit Type1 Units Total 12 Zoning Rm2

    Listing provided courtesy of Keller Williams Realty Portland Premiere.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-05-16T22:39:37.967.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
     
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