6115 Northeast Multnomah Street

Portland, OR 97213

$2,749,900
Price
Beds
7,497 Sq. Ft.
$367 / Sq. Ft.
7,497
Sq. Ft.
$367
per Sq. Ft.

Description

Fully leased! Bolster your investment portfolio with this phenomenal opportunity to own an exquisite, new construction 15-unit apartment complex from a quality local builder. Nestled near NEs hotspots, including the vibrant Hollywood district, charming Laurelhurst + Providence Medical, youll have everything you need at your doorstep with this sweet Rose City Park location! High-end finishes grace each space of these expertly crafted units which feature tall ceilings + an open concept floor plan bringing...Fully leased! Bolster your investment portfolio with this phenomenal opportunity to own an exquisite, new construction 15-unit apartment complex from a quality local builder. Nestled near NEs hotspots, including the vibrant Hollywood district, charming Laurelhurst + Providence Medical, youll have everything you need at your doorstep with this sweet Rose City Park location! High-end finishes grace each space of these expertly crafted units which feature tall ceilings + an open concept floor plan bringing an abundance of natural light with designer tones + coveted covered patios / balcony spaces! These 1 bedroom units boast a spacious floor plan with room for a King bed while bathroom features a tub! Custom cabinetry, desirable stainless-steel appliances, stackable W/D + AC finish out the interior! Bike storage with electrical bike hookups + enclosed trash area round out a few other notable items plus 1-year builder warranty with peace of mind + 15-year new construction rent-control exemption!
  1. Listed by Darryl Bodle • Keller Williams Realty Portland Premiere
  2. Listed by Kelly Christian • Keller Williams Realty Portland Premiere

Property Details for 6115 Northeast Multnomah Street

Subdivision
ROSE CITY PARK
Zoning
RM2
LISTING UPDATED: 11/15/2024 04:24 PM

Property Details for 6115 Northeast Multnomah Street

StatusActive
MLS #23394419
Days on Market387
Taxes$658 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2023
Lot Size-
CountyMultnomah County

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Building Information for 6115 Northeast Multnomah Street

Stories-Residences15Year Built2023Building Size-Lot Size-

Property Information for 6115 Northeast Multnomah Street

Summary
Location and General Information
  • Country: US
  • Directions: NE 60th Ave, E on NE Multnomah St
School Information
  • Elementary School: Rose City Park
  • High School: Leodis Mc Daniel
  • Middle Or Junior School: Roseway Heights
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $657.68
  • Parcel Number: R279260
  • Tax Legal Description: SUMMIT ADD, BLOCK 8, LOT 7
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Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: New Construction
  • Year Built: 2023
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity
  • Heating Description: Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Lap Siding
Multi Family
Multi-Family Information
  • Number Of Units Total: 15
  • Gross Income Actual: $250,650.00
  • Gross Income Projected: $250,650.00
  • Gross Rent Multiplier: $10.97
  • Net Income Actual: $182,055.00
  • Net Income Projected: 182055
  • Operating Expenses Projected: $68,595.00
  • Operating Expense: $68,595.00
  • Unit Type Type: Unit Type Type1
  • SqFt Approximate Building Total: 7497
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Rent: $1,350
  • Unit Type 1 SqFt: 500.0
  • Unit Type 1 Units Total: 15

Property History for 6115 Northeast Multnomah Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6115 Northeast Multnomah Street

Taxable ValueLand-Additions-Total-
Tax Record2023$658 ($55 / month)
Home Facts
Beds0Lot Size5,000 SqFtStyleResidentialZoningR5CountyMULTNOMAHAPN1N2E31AA 04400

Schools near 6115 Northeast Multnomah Street

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
Charter - K to 5
Rating
School
Distance
Rose City Park
PublicK to 5

Roseway Heights School
Public6 to 8

Leodis V. McDaniel High School
Public9 to 12

Portland Arthur Academy Charter School
CharterK to 5

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.

Similar Homes

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Similar Sold Homes

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6115 Northeast Multnomah Street is a multi-family home for sale in Portland, OR 97213. This property was listed for sale on November 1, 2023 by Keller Williams Realty Portland Premiere, it's currently listed at $2,749,900. It has been on the market for a total of 387 days and was last sold on May 18, 2022. This listing's school district is Portland School District 1j. Nearby schools include Rose City Park, Roseway Heights School and Leodis V. McDaniel High School. 6115 Northeast Multnomah Street is a 0-bed, 0-bath, 7,497 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Portland Premiere

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 11/15/2024 04:24 PM