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1626 SE Alder St
Portland, OR 97214 Buckman

$950,000 USD

Apartments For Sale • 4,813 SF

Property Details

Property Type Apartments
Total Building Size 4,813 SF
Lot Size 0.11 AC
Building Class C
Year Built 1903
Cap Rate 5.50 %
Zoning R2.5

58 Transit Score

95 Walk Score

                
                    Highlights
                
                                Prime location in one of Portland’s most walkable and desirable neighborhoods
                            
                                Historic character and architectural appeal that stand out in the rental market
                            
                                Strong rental demand with consistent occupancy in the submarket
                            
                                Additional income from two rentable garages
                            
                                Additional storage spaces provided to tenants
                            
                                Proximity to popular dining, shopping, and entertainment districts on Belmont and Hawthorne

Property Flyers

1626 SE Alder Street OM

Cap Rate:

5.50 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 min	-	2.1 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	20 min	-	9.5 mi
Airport	Drive	Walk	Distance
Portland International	20 min	-	11.1 mi

Jake Holman 503-351-9027 Norris & Stevens, Inc.

1626 SE Alder St Portland, OR 97214 Buckman

$950,000 USD

Property Details

Highlights

Property Flyers

Public Transportation

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1626 SE Alder St
Portland, OR 97214 Buckman