6626 Ne Sandy Blvd, Portland, OR 97213

4,058 sqft

Multi-Family Home
Built in 1925
10,454sqft lot
—— car garage
$313/sqft
Listed 17 days ago

Property Description

2 commercial and 5 residential units. Cap rate 6.0%. Fully-occupied investment property offering strong cash flow with clear upside potential. Flexible tenant mix — property supports both residential and commercial uses, maximizing leasing opportunities and long-term income. Prime CM2 zoning with 45-foot height limit and up to 4:1 FAR allows future owners to explore multiple highest and best use options. Corner lot on a major thoroughfare — prime candidate for future redevelopment. Excellent location on NE Sandy Blvd, providing direct access to Downtown Portland, PDX Airport, MODA Center, and key employment and consumer hubs. Located just off Sandy Blvd with over 11,000 vehicles passing daily, this site offers excellent visibility and high traffic, making it ideal for a mixed-use commercial and residential property. The location ensures strong access for both businesses and residents.

Listing Status:: Active
Date Added:: May 5, 2025 at 05:00AM
Listing Office:: NextHome Realty Connection : 503-213-3550
Listing Agent:: Steve Roesch : 503-318-6351
MLS ID:: 236588763

Basement: Daylight
Heating: Forced air

This listing courtesy of Steve Roesch, NextHome Realty Connection

Location

Schools Nearby

Rose City Park Elementary School

2334 NE 57th Ave, Portland, OR, 97213

Grades KG-5

0.66 miles away

Roseway Heights School

7334 NE Siskiyou St, Portland, OR, 97213

Grades 6-8

0.36 miles away

Alliance High School

4039 NE Alberta Ct, Portland, OR, 97211

Grades 9-12

1.60 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.