For Sale, USD 1,250,000
8451 SE Foster Rd, Portland, OR 97266, USA, Portland, Oregon, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 5,225 ft² / 485 m²
Land Size : 8,712 ft² / 809 m² Convert Land Size
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Discover a prime investment opportunity in Southeast Portland with this well-maintained seven-unit multifamily property located in the vibrant Lents neighborhood. Originally built in 1973, this property offers a balanced unit mix of three two-bedroom apartments and four one-bedroom apartments, appealing to a wide range of renters. Positioned conveniently along a major bus line, residents enjoy easy access to public transportation, local shops, dining, and neighborhood amenities, making it a desirable and accessible location. This asset offers investors solid financial performance, featuring a cap rate of 5.12 and an NOI of $9,137 per door. Priced competitively at $1,250,000, it presents an excellent balance of stable cash flow and long-term appreciation potential within one of Portland’s continually improving submarkets.
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8451 SE Foster Rd, Portland, OR 97266, USA, United States,Oregon,Portland is a 5,225ft² Portland luxury Multi-Family Home listed for sale USD 1,250,000. This high end Portland Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Portland or search for luxury properties for sale in Portland.