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3540 SE 119th Ave
Portland, OR 97266 Powellhurst-Gilbert

$1,110,000 USD

Apartments For Sale  •  5,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,400 SF
  • Lot Size 0.13 AC
  • Building Class B
  • Year Built 2006
  • Zoning R1
50 Transit Score
60 Walk Score

Highlights

MODERN TOWNHOME OFFERING - 2006-Built Six-Unit Townhome Asset Located in Southeast Portland’s Powellhurst-Gilbert
MARK-TO-MARKET UPSIDE - In-Place Rents Approximately Six Percent Below Market with Immediate Income Growth Potential
FINISH UPGRADE PROGRAM - Convert to Stainless Steel Appliances and Add Higher-Grade Finishes to Drive Rent
RECENT CONSTRUCTION APPEAL - 2006 Vintage Enhances Tenant Demand and Helps Limit Near-Term Capital Replacement Needs
DUPLEX-STYLE LAYOUTS - Paired Townhomes Reduce Shared Walls and Support Privacy-Focused Resident Preference
INDIVIDUALLY METERED - Individual Water Meters (Currently Landlord Pays All)

Property Flyers

Amenities

  • Dishwasher
  • Washer/Dryer
  • Storage Space
  • Patio

Public Transportation

AirportDriveWalkDistance
Portland International 17 min - 9.4 mi
Whitney Rhoades 503-351-0146 Marcus & Millichap
Whitney Rhoades 503-351-0146 Marcus & Millichap