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Listed by Keller Williams Realty Portland Premiere • 503-505-8065
$ 2,890,000
Est. payment | /mo
13,152 SqFt
$ 2,890,000
Est. payment | /mo
13,152 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,152 sqft
Price per Sqft $219
MLS Listing ID 644473862
Year Built 1978
Annual Tax Amount $23,786
Tax Year 2025
Lot Size 1.140 Acres
Property Description
Eastwood Estates is a 21-unit multifamily investment opportunity in Portland's established Rockwood submarket. Situated on approximately 1.14 acres, the property features twenty 1-bedroom units and one 2-bedroom unit with ample on-site parking. Currently operating at approximately 81% occupancy, the asset offers immediate value-add potential through lease-up and continued rent growth. Conveniently located near MAX Light Rail, public transit, SE Burnside, and major employment and retail corridors, Eastwood Estates provides investors the opportunity to acquire a well-positioned multifamily asset with strong long-term rental demand and operational upside. Offering Memorandum available upon request.
Location
State OR
County Multnomah
Area _144
Zoning RTC
Interior
Heating Baseboard
Exterior
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Davis
Middle Schools Reynolds
High Schools Reynolds
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