Equity Pacific is pleased to announce the sale of the 4-Plex located at 1003 - 1017 SE 23rd Avenue in Portland, Oregon which has sold for $1,075,000 ($268,750 per unit and $214 per SF).
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.
Jason Waxberg represented the seller and the buyer to the transaction.
1003 - 1017 SE 23rd Avenue, Portland, Oregon 97214