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$1,400,000

7 UNIT MULTI-FAMILY PROPERTY·
6533 SW VIRGINIA Portland, Oregon 97239
MLS# 18313079

LISTED BY JASON WAXBERG

PROPERTY INFORMATION

The Willamette Park Apartments were built in 1924.  This attractive, turn-key investment property sits above the street and features many recent upgrades including a new roof and new energy efficient windows.  The interiors of the apartments have been nicely updated, and there are stacked washer/dryers in four of the units, as well as onsite coin operated laundry and individual lockable storage units in the basement.  Current rents are strong and still present a bit of upside, as the owners intend to implement some rent increases which will take effect in February, 2019.

LOCATION

The Willamette Park Apartments are located in the highly sought after John's Landing area, one block from Macadam Avenue.  This quiet residential neighborhood includes restaurants such as Elephant's Deli and the upscale grocery store Zupan's Market, all within walking distance.  Willamette Park is just three blocks away with paved walking/bike paths, picnic areas, tennis courts, boating, and other water sports on the Willamette River.  It's about a five-minute drive from downtown with easy freeway access and near bus lines, making it very close to PSU, OHSU, and Lewis and Clark.

 
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$899,000

4 UNIT MULTI-FAMILY PROPERTY·
2625 SE Stark Portland, Oregon97214

LISTED BY: JASON WAXBERG

Beautiful turn-key inner SE Portland 4-Plex with vintage character and modern updates. Upgrades to the building include newer exterior siding, paint, roof, gutters and sewer line. The unit interiors feature vintage charm such as period light fixtures and 10 foot ceilings. The property has an open off-street parking lot and a shared backyard with space for gardening.

This investment property is situated in the Buckman neighborhood of close-in SE Portland within walking distance of stores, restaurants, bars, Whole Foods supermarket and coffee shops along 28th Avenue. Nearby parks include Laurelhurst Park and Col. Summers Park.

PROPERTY INFORMATION

• Pride of Ownership 4-Plex

• “A+” Close-In SE Portland Location

• Open, Off-Street Parking

• New Exterior Siding & Paint

• New Sewer Line & Sump Pump

• New Roof & Gutters

• Three 1BR/1BA Apartments &  One Studio Apartment

• Hardwood Floors & 10’ Ceilings with  Vintage Light Fixtures

• Backyard, Shared & Private Garden Area

• Apartments Feature Gas Ranges

• Walk Score 89 & Bike Score 97

LOCATION

 
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$1,075,000

8 UNIT MULTI-FAMILY INVESTMENT PROPERTY
2920 SE ASH STREET, PORTLAND 97214

LISTED BY: JASON WAXBERG

 


PROPERTY

Equity Pacific is pleased to announce the exclusive listing of the iconic Laurel AshApartments, located at 2920 SE Ash Street in Portland, Oregon, for $1,075,000. 

Located on a quiet street just off SE 28th Avenue in the heart of Restaurant Row, this 8-Unit apartment building comprises one (1) 1BR/1BA apartment of approx. 825 SF, six (6) 1BR/1BA apartments of approx. 400 - 550 SF, and one (1) Studio apartment of approx. 460 SF. 

The exterior features vintage architecture including a wrought iron fire escape certified by the City in 2017. The apartments feature abundant natural light and classic architectural details, with west facing units featuring downtown views. The apartment interiors feature vinyl windows and a mix of hardwood and vinyl flooring, vintage character and the units are individually metered for electricity. There is on-site coin-op laundry, secure bike parking and a fenced gardening are a with raised beds for tenants to use.  

This investment property is situated in the Kerns neighborhood of close-in SE Portland within walking distance of fine restaurants, eclectic stores, Starbucks, Whole Foods supermarket, neighborhood night spots, the Laurelhurst movie theater, and Laurelhurst Park.  

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$899,000

4 UNIT MULTI-FAMILY INVESTMENT PROPERTY
3628 SE MILWAUKIE AVE, PORTLAND, OREGON   

LISTED BY: JASON WAXBERG

 


PROPERTY

Equity Pacific is pleased to announce the listing of this pride of ownership vintage craftsman style 4-Plex, located at 3628 SE Milwaukie Avenue in Portland, Oregon, for $899,000.

Built in 1912, this beautifully maintained 4-Plex is located in the Brooklyn Neighborhood of close-in SE Portland, and comprises two (2) large 1BR/1BA units on the main level with interior staircases leading to lower level dens for a total SF of approx.. 900 SF, and two (2) 1BR/1BA units on the 2nd floor of approx. 625 SF with large private balconies. The interiors feature vintage details including vintage wood trim, hardwood floors, high ceilings and some claw foot bathtubs. All units are separately metered for electricity and gas. The large basement features five (5) storage lockers, bike storage & coin-op laundry.

Brooklyn is a popular residential neighborhood located along the east side of the Willamette River and in close proximity to Downtown Portland. It is a short walk to several parks, popular coffee shops, bars and restaurants. A Max Light Rail Orange line top is seven blocks away, providing quick access to downtown. Reed College is also within biking distance. 

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$1,399,000

4 UNIT MULTI-FAMILY INVESTMENT PROPERTY
3608 SE 15TH AVE, PORTLAND, OREGON   

LISTED BY: JASON WAXBERG

 


PROPERTY

This completely modernized 4-plex was originally built in 1962 and has undergone a total renovation with reconfigured interiors. This pride of ownership investment property was taken down to the studs and re-built with features including:

• New Pitched Comp Tear-off Roof

• New Hardie-Plank Siding

• New Windows & Patio Doors

• New Fire Sprinkler System

• New Electrical Service

• New Plumbing

• New Landscaping

Comprising three (3) 2BR/1BA units and one (1) 3BR/2BA unit, the all-new modern interiors are gorgeous and feature quartz countertops, stainless steel appliances including above range microwave ovens, Grohe faucets, walk-in closets, and all units feature a stacked washer and dryer. Each unit also features a covered outdoor patio space which offers privacy and additional storage. This is a true turn-key property in the high demand Brooklyn Neighborhood of close-in SE Portland.

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$699,000

4 UNIT MULTI-FAMILY INVESTMENT PROPERTY
12285 SW LONGHORN LANE, BEAVERTON  

LISTED BY: JASON WAXBERG

 


PROPERTY

Equity Pacific is pleased to announce the listing of the 4-Plex located at 12285 SW Longhorn Lane, in Beaverton, Oregon.

Located on a quiet tree-lined street, this well maintained 4-Plex was built in 1978, comprising four (4) 2BR/1BA apartments of approximately 760 square feet. The property features newer vinyl windows and newer kitchen appliances. Each unit has been nicely updated and has a side by side washer & dryer. There is a two car garage, off-street parking and a backyard area for gardening. 

This investment property has strong rent upside and is low maintenance. 

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$1,050,000

5 UNIT MULTI-FAMILY INVESTMENT PROPERTY
1704 - 1720 SE Lexington Street  PORTLAND,OR 97202  

LISTED BY: JASON WAXBERG

PROPERTY 

Equity Pacific is pleased to announce the listing of the pride of ownership 5-Unit property located at 1704 - 1720 SE Lexington Street in Portland, Oregon, for $1,125,000. 

This attractive and ideally located investment property was built in 1949, and features brick and cedar siding, newer energy-efficient windows and a pitched comp roof. The apartments comprise one 1BR/1BA Loft of approximately 725 SF, three (3) 1BR/1BA apartments between approximately 600 and 750 square feet, and one (1) Studio apartment of approximately 600 square feet. All of the units feature updated interiors, and the majority of the units feature hardwood floors, tiled baths and dishwashers. Four apartments feature natural gas heat with their own individual gas furnaces in the basement, and the Studio is all electric. There is also coin-op laundry and storage units in the basement. Tenants enjoy outdoor space, including a lawn, stone patio and attractive landscaping. There is also a double car garage that generates additional income.  

This investment property features strong rental upside as the apartments are currently rented well below market rents. The Sellwood 5-Plex is located in the heart of Sellwood, within close walking distance to popular restaurants, bars, retail shopping and Westmoreland Park 

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$1,225,000

12-Unit Multi-Family Investment
3251 Rogue River Hwy, Grants Pass, Oregon 97527


LISTED BY: JASON WAXBERG

Equity Pacific is pleased to announce the listing of the Fountain Park Cottages, a charming 12 cottage complex in Grants Pass, Oregon, for $1,225,000. The cottages are located approximately four miles from downtown Grants Pass and less than a mile from the beautiful Rogue River. 

Fountain Park is currently rented year round and has a historically low vacancy rate. Over half of the cottages have been renovated and comprise one (1) 3BR/1BA unit, one (1) 2BR/1BA unit, and ten (10) 1BR/1BA units. This investment property has stable income, low property taxes, on-site laundry and rent upside. 

LOCATION

 

Grants Pass is located in Josephine County just off of Interstate 5 in the Rogue Valley, and has a population of approximately 35,000. The Rogue River runs through the city and is famous for its rafting and natural beauty.

Other attractions include the Oregon Caves National Monument and the Rogue River Siskiyou National Forest, one of the largest wilderness areas in the West.

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$1,079,000

Vacant - Owner/User/Retail
1111 E. Powell Boulevard, Gresham, OR 97030

LISTED BY: JASON WAXBERG

PROPERTY

 

The subject property was built in 1945 and is situated on a 32,000 SF Lot. The main level is 8,370 SF and the basement level is a 2,592 SF. Recent upgrades include a new roof, interior and exterior paint, updated HVAC systems, updated fire alarm systems, electrical, lighting and finish work. There are 34 on-site parking spaces and an ADA restroom.

The subject property is zoned DCL which allows for various uses. The building is currently vacant and has two addresses & two entrances. This property provides an opportunity to use as one contiguous space or can be divided easily into three or more leasable spaces.

The subject property is located at 1111 E Powell Blvd., near Historic Downtown Gresham. Gresham is the fourth largest city in Oregon with a population of 109,397 based on the 2013 census. The subject property is within walking distance to historic downtown Gresham. Downtown Portland is directly east of Gresham and approximately 20 minutes from the subject property by car. The subject property is within walking distance to Fred Meyer and less than one mile south of Mt. Hood Community College.