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5233 Lafayette st
Portland, OR 97206 Foster-Powell

$1,420,000 USD

Apartments For Sale • 4,196 SF

Property Details

Property Type Apartments
Total Building Size 4,196 SF
Lot Size 0.11 AC
Building Class C
Year Built 1969
Cap Rate 5.00 %
Zoning CM2

53 Transit Score

92 Walk Score

                
                    Highlights
                
                                Excellent central location in popular Foster/Powell neighborhood. On the bus line and near cafes, food trucks, shops, and bars.
                            
                                Professionally remodeled units with granite counter tops, either wood floors or engineered floors, carpet, tile tub surrounds. 
                            
                                Three garages, three driveways, laundry room.

Financial Summary (Actual)

Net Operating Income: $71,000 USD (2024)

Cap Rate:	5.00 %
Total Expenses:	$20,440 USD

Amenities

Kitchen
Granite Countertops
Hardwood Floors
Refrigerator
Range
Tub/Shower
Carpet

Public Transportation

Commuter Rail	Drive	Walk	Distance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	15 min	-	5.2 mi
Airport	Drive	Walk	Distance
Portland International	19 min	-	10.4 mi

Parking Details

Parking Available:	Yes
Reserved:	Yes
Spaces Provided:	3
Type:	Reserved
Included in Rent:	Yes

Lisa Long 503-317-4399 High Five Properties

5233 Lafayette st Portland, OR 97206 Foster-Powell