4405 Se 15TH Ave, Portland, OR 97202

6,300 sqft

Multi-Family Home
Built in 1970
0.29acre lot
—— car garage
$313/sqft
Listed 1 month ago

Property Description

Eleven unit apartment community with history of high occupancy and cash flow. Priced at a 5.75% cap rate on 2024 financials. Many recent property updates and off street parking has helped the property maintain 98% occupancy over the last two years. Owner is a real estate broker in Oregon.

Listing Status:: Active
Date Added:: April 18, 2025 at 05:00AM
Listing Office:: GA Cooke Real Estate Services : 503-612-9282
Listing Agent:: Glenna Cooke : 503-201-2007
MLS ID:: 617529654

Heating: Wall heater

This listing courtesy of Glenna Cooke, GA Cooke Real Estate Services

Location

Schools Nearby

Grout Elementary School

3119 SE Holgate Blvd, Portland, OR, 97202

Grades EE-5

0.86 miles away

Hosford Middle School

2303 SE 28th Pl, Portland, OR, 97214

Grades 6-8

1.24 miles away

Cleveland High School

3400 SE 26th Ave, Portland, OR, 97202

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.