8503 SE INSLEY ST new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97266
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,684 sqft
Price per Sqft $201
MLS Listing ID 435583336
Year Built 1971
Annual Tax Amount $16,467
Tax Year 2024
Lot Size 0.520 Acres
Property Description
Prime investment opportunity!!! Fully rented 9-plex in thriving area with development potential. This fully rented 9-plex apartment building presents a compelling investment opportunity, boasting a desirable location in an up-and-coming area with strong rental demand. Exceptional location situated within a thriving economic corridor, the property offers easy access to shopping, transit, and amenities, appealing to a wide range of renters. The area demonstrates high demand for rental properties, potentially including neighborhoods like Montavilla and Foster-Powell, known for their urban renewal and community appeal. The charming well-maintained building itself features common outdoor area, coin op laundry and ample parking. All situated on a level 0.52 acre lot that offers potential for additional units or future development, providing a valuable long-term asset.
Location
State OR
County Multnomah
Community Alllandscaping,Commons,Laundry
Area _143
Zoning R2A
Rooms
Basement Crawl Space
Interior
Heating Wall Heater
Cooling Window Unit
Exterior
Community Features AllLandscaping,Commons,Laundry
Roof Type Composition
Garage No
Building
Lot Description Commons, Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Marysville
Middle Schools Kellogg
High Schools Franklin
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional