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$750,000

4 UNIT MULTI-FAMILY INVESTMENT PROPERTY
3051 SE BELMONT PORTLAND,OR 97214  

LISTED BY: JASON WAXBERG + BENJAMIN FICKER

 


PROPERTY

Equity Pacific is pleased to announce the listing of the 4-Plex located at 12285 SW Longhorn Lane, in Beaverton, Oregon for $750,000. 

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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$899,000

4 UNIT MULTI-FAMILY INVESTMENT PROPERTY
3051 SE BELMONT PORTLAND,OR 97214  

LISTED BY: JASON WAXBERG

 

PROPERTY

This attractive 4-Plex was built in 1914, comprising one (1)
1BR/1BA apartment of approximately 800 square feet, one
(1) 1BR/1BA apartment of approximately 600 square feet,
one (1) Studio apartment of approximately 530 square feet,
and one (1) Studio apartment of approximately 485 square
feet. The property features a newer roof and exterior paint.
There is coin-op laundry & eleven (11) rentable storage
units in secure-code access basement. There is also a large,
private backyard garden. All of the units are individually
metered for gas and electricity.

This investment property is close to everything Belmont
has to offer, including popular restaurants, bars,
entertainment and retail shopping.

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$939,000

4 UNIT MULTI-FAMILY INVESTMENT PROPERTY
1842 SE ANKENY ST Portland, 97214  

LISTED BY: JASON WAXBERG

 

PROPERTY

Equity Pacific is pleased to announce the listing of the pride of ownership Close-in SE brick 4-Plex, located at 1003 SE 23rd Avenue in Portland, Oregon, for $1,100,000. This beautifully maintained turn-key 4-Plex was built in 1947, comprising one (1) 2BR/1BA apartment of approximately 880 square feet, and three (3) 1BR/1BA apartments of approximately 650 square feet. All of the units feature hardwood floors and forced air gas heat, and are individually metered for gas and electricity. There are three (3) garages and a common basement with coin-op laundry.  The windows are newer and the electrical system has been updated.  With timeless curb appeal, this investment property is situated on a tree lined street between Hawthorne & Belmont. Popular restaurants, bars, entertainment and retail shopping are within walking distance, and Colonel Summers Park is just blocks away. 

 

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$1,125,000

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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$830,000

4 UNIT MULTI-FAMILY INVESTMENT PROPERTY
BRENTWOOD-DARLINGTON FOURPLEX
5821 SE Knapp St, Portland, OR 97206  

LISTED BY: BEN FICKER

PROPERTY

Completely renovated fourplex in Brentwood-Darlington. True 5.25 cap with all leased up units and a 25% expense ratio. Rents are $1195 plus $50 utility bill back ($1245 total each). Laundry on site. All units rented within a week and on leases now. Expenses are estimated.

LOCATION

 
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$929,000

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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$500,000

2 UNIT MULTI-FAMILY INVESTMENT PROPERTY
21-25 SE 60th Ave. Portland, OR 97215

LISTED BY: CHUCK BRAZER

PROPERTY

The Tabor Duplex is extremely well-located just off E. Burnside at SE 60th near Mount Tabor. The property was built in 1902 and is comprised of one 2bd/1ba unit at approximately 756 square feet and one 3bd/1ba unit at approximately 1,162 square feet. The property is currently 100% occupied with long-term renters currently on month-to-month leases. These units are well-positioned for attractive rent upside over the next 12-18 months as current rents average $0.22/SF under market. Additionally, the property’s current zoning may allow for a possible redevelopment opportunity.

CURRENT ZONING AND REDEVELOPMENT OPPORTUNITY (per City of Portland website):The property is situated on a .09 acre lot (3,920 SF) and is currently zoned CG (General Commercial). TheGeneral Commercial (CG) zone is intended to allow auto-accommodating commercial development in areas already predominantly built in this manner and in most newer commercial areas. The zone allows a full range of retail and service businesses with a local or regional market. Industrial uses are allowed but are limited in size to avoid adverse effects different in kind or amount than commercial uses and to ensure that they do not dominate the character of the commercial area. Development is expected to be generally auto-accommodating, except where the site is adjacent to a transit street or in a Pedestrian District. The zone’s development standards promote attractive development, an open and pleasant street appearance, and compatibility with adjacent residential areas. Development is intended to be aesthetically pleasing for motorists, transit users, pedestrians, and the businesses themselves. ALL BUYERS TO PERFORM THEIR OWN DUE DILIGENCE AS IT RELATES TO PLANNING, PERMITTING, ZONING, ENGINEERING AND DEVELOPMENT COSTS.

LOCATION

The Tabor Duplex is located in close-in Eastside Portland at 21-25 SE 60th Avenue just south of E. Burnside Street. This location is between the Laurelhurst and Mount Tabor neighborhoods. The property is two blocks from Mt Tabor Park & Reservoir, three blocks from Laurelhurst Park and walking distance to the E. Burnside QFC supermarket. Also within close proximity are schools, coffee shops, restaurants and retail services.

 
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$1,295,000

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 $1,295,000. 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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$1,100,000

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.