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Property Description

Prime investment opportunity!!! Fully rented 9-plex in thriving area with development potential. This fully rented 9-plex apartment building presents a compelling investment opportunity, boasting a desirable location in an up-and-coming area with strong rental demand. Exceptional location situated within a thriving economic corridor, the property offers easy access to shopping, transit, and amenities, appealing to a wide range of renters. The area demonstrates high demand for rental properties, potentially including neighborhoods like Montavilla and Foster-Powell, known for their urban renewal and community appeal. The charming well-maintained building itself features common outdoor area, coin op laundry and ample parking. All situated on a level 0.52 acre lot that offers potential for additional units or future development, providing a valuable long-term asset.

Overview

Property Status
For Sale
Lot Size
0.52 Acres
MLS ID
435583336
Property Type
Multi-Family
Year Built
1971

Features & Amenities

Total Area
7,684 Sq.Ft.
Stories
2
Water Source
Public Water
Roof
Composition
Lot Features
Commons, Level
Parking
Driveway, Paved
Heat Type
Wall Heater
Air Conditioning
Window Unit
Sewer
Public Sewer
Substructure
Concrete Perimeter
Security Features
Security Lights
Elementary School
Marysville
Middle School
Kellogg
High School
Franklin
Sales Price
$1,549,000
Real Estate Tax
$16,467/yr
Zoning
R2A

Downloads

8503 SE INSLEY ST

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for your interest in 8503 SE INSLEY ST, Portland, OR 97266

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8503 SE INSLEY ST

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