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232 NE 61st Ave
Portland, OR 97213 North Tabor

$3,999,900 USD

Apartments For Sale  •  12,240 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,240 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 5.45 %
  • Zoning R2
67 Transit Score
79 Walk Score

Highlights

FULLY LEASED + STABLIZIED
NEW CONSTRUCTION
QUALITY FINISH
POPULAR TABOR LOCATION!

Property Flyers

Financial Summary (Actual)

Net Operating Income: $217,993 USD (2023)
Cap Rate: 5.45 %
Total Expenses: $59,072 USD

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 10 min - 5.2 mi
Transit/SubwayDriveWalkDistance
Ne 60Th (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 7 min 7 min 0.4 mi
AirportDriveWalkDistance
Portland International 15 min - 8.1 mi
Darryl Bodle II 503-709-4632 Keller Williams Realty, Portland Premiere
Darryl Bodle II 503-709-4632 Keller Williams Realty, Portland Premiere