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Listed by Pinnacle Real Estate Service LLC
$ 3,900,000
Est. payment | /mo
0.99 Acres Lot
$ 3,900,000
Est. payment | /mo
0.99 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 343850084
Year Built 1970
Annual Tax Amount $35,511
Tax Year 2024
Lot Size 0.990 Acres
Property Description
Presenting the Glenwood Apartments, a 28-unit community built in SE Portland that has undergone significant interior and exterior renovations. Nearly half the units have been remodeled with new flooring, countertops, cabinets, and washer/dryer hookups, while exterior upgrades include new roof, walkways, staircases and more. The property built in 1970, offers a mix of mostly 2BR units, off-street parking, and strong rental demand in a highly visible Powell Blvd location with easy access to I-205, shopping, and parks. A stabilized asset with proven income and continued value-add potential.
Location
State OR
County Multnomah
Community Laundry
Area _143
Zoning RM1
Interior
Heating Wall Heater
Exterior
Community Features Laundry
Roof Type Shingle
Garage No
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Middle Schools Oliver
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
We're always here to help. Let's connect!
Matthew Tercek
Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)
+1(503) 453-5815 | matthew@tercekre.com