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Listed by ELEETE Real Estate
$1,550,000
Est. payment /mo
7,684 SqFt
New
8503 SE INSLEY ST Portland, OR 97266
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,684 sqft
Price per Sqft $201
MLS Listing ID 435583336
Year Built 1971
Annual Tax Amount $16,467
Tax Year 2024
Lot Size 0.520 Acres
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.
Location
State OR
County Multnomah
Community Alllandscaping, Commons, Laundry
Area _143
Zoning R2A
Rooms
Basement Crawl Space
Interior
Heating Wall Heater
Cooling Window Unit
Exterior
Community Features AllLandscaping, Commons, Laundry
Roof Type Composition
Garage No
Building
Lot Description Commons, Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Marysville
Middle Schools Kellogg
High Schools Franklin
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
