5840 Southeast 89th Avenue
$1,948,800
—
5,369
5,369
$363
Description
New 11 unit apartment building in the Lents District which offers a vibrant community with amenities like FlipSide Bar and Carts, the Farmers Market, Lents Park, and easy transportation making it an attractive location for tenants. The fact that the building is professionally managed and fully leased adds to its appeal, as does the availability of plenty of street parking and outdoor amenities. Having full income and expense reports available for a Buyer makes it transparent and easier to assess...New 11 unit apartment building in the Lents District which offers a vibrant community with amenities like FlipSide Bar and Carts, the Farmers Market, Lents Park, and easy transportation making it an attractive location for tenants. The fact that the building is professionally managed and fully leased adds to its appeal, as does the availability of plenty of street parking and outdoor amenities. Having full income and expense reports available for a Buyer makes it transparent and easier to assess the investment's potential. Overall, a plug-and-play investment opportunity in a promising location.
- Listed by Mark Lisac • Legacy Realty Group • 503-496-5190
Property Details for 5840 Southeast 89th Avenue
Subdivision
LENTS
Parking FeaturesOn Street
ZoningCM2d
Garage Spaces.00
Parking Total.00
LISTING UPDATED: 08/04/2024 12:15 PM
Property Details for 5840 Southeast 89th Avenue
Status | Active |
---|---|
MLS # | 24164065 |
Days on Market | 207 |
Taxes | $2,143 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 2023 |
Lot Size | 0.07 AC / 3,049 SF |
County | Multnomah County |
Building Information for 5840 Southeast 89th Avenue
Stories3Residences11Year Built2023Building Size-Lot Size0.07 AC / 3,049 SF
Property Information for 5840 Southeast 89th Avenue
Property History for 5840 Southeast 89th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5840 Southeast 89th Avenue
Taxable ValueLand-Additions-Total-
Tax Record2024$22,602 ($1,884 / month)
Home Facts
Total Finished SqFt5,369 SqFtAbove Grade Finished SqFt5,369 SqFtLot Size2,981 SqFtStyleMulti-Family Res (5+ Units)Year Built2022CountyMULTNOMAHAPN1S2E16CA 12501
Schools near 5840 Southeast 89th Avenue
This home is within Portland School District 1j.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Kelly Elementary School PublicK to 5 | ||
Lane Middle School Public6 to 8 | ||
Franklin High School Public9 to 12 | ||
Renaissance Arts Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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